While online retail continues to enjoy fabulous trading conditions, reflected in several updates covered here, a much-hyped software group evidently has its doubters, with the shares tumbling.
Portmeirion: a fantastic achievement in the circumstances
Portmeirion (LON:PMP), the homewares group with brands including Portmeirion, Spode, Royal Worcester, Wax Lyrical and Nambé, expects revenue for the year to 31 December 2020 to be at least 6% ahead of consensus expectations following a strong second half and seasonal trading performance.
Revenue of at least £87m is only 12% lower on a like for like basis, which seems a fantastic achievement in the circumstances.
Online sales performed strongly…
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Impressive updates, but a strange one as well!
Highly rated growth and lowly rated value from AIM
This highly innovative business still has big potential
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