Churchill China PLC AGM Statement (3186Z)
May 17 2019 - 2:00AM
UK Regulatory
TIDMCHH
RNS Number : 3186Z
Churchill China PLC
17 May 2019
For immediate release 17 May 2019
CHURCHILL CHINA plc
("Churchill China" or the "Company")
AGM STATEMENT
Churchill China plc (AIM: CHH), the manufacturer of innovative
performance ceramic products serving hospitality markets worldwide,
will hold its Annual General Meeting later today. At the meeting,
Alan McWalter, Chairman, will make the following statement:
"I am pleased to report that we continue to enjoy good trading
levels across our business. We have made further progress since our
Preliminary Results announcement in March 2019 and we remain
confident that our full year performance will be in line with
market expectations.
Growth has remained strong in Europe, supported by the opening
of our Rotterdam distribution centre. Recent new product
introductions continue to be well received, further improving the
proportion of our revenue in sales of technically differentiated
added value product.
We continue to create opportunities to develop our business and
we have increased the level of investment within our operations in
the first months of 2019 to support this. We expect this investment
to continue as part of our long term approach to value generation.
The integration of the Dudson brand and products purchased in April
into Churchill is proceeding well.
After more than forty-five years of service to Churchill since
1973, Andrew Roper has informed the Board of his intention to
retire in August 2020. I would like to thank Andrew for his
outstanding contribution to the development of Churchill and wish
him well for the future."
For further information, please contact:
Churchill China plc Tel: 01782 577566
David O'Connor / David Taylor
Buchanan Tel: 020 7466 5000
Mark Court / Sophie Wills
N+1 Singer
Richard Lindley Tel: 020 7496 3000
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END
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