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Birmingham Post
Birmingham Post
Business
Laura Watson

Churchill China sees further recovery during May and June

Pottery giant Churchill China has reported an 'improved performance' across its UK and export markets as it continues to recover from the pandemic.

In a statement to the London Stock Exchange, the Stoke-on-Trent company provided a trading update for the six months to June 30, 2021.

It said: "The improved trading performance referred to in our annual general meeting announcement on June 1, 2021 has been maintained throughout the month of June.

"Revenue in both May and June recovered to 2019 levels and we continue to enjoy a good forward order book. This improved performance reflects progress across the UK, Europe and our other export markets.

"We do however remain mindful that Covid continues to introduce a degree of uncertainty into our assessment of future market and operational conditions."

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The company also revealed that it has paid back the Coronavirus Job Retention Scheme grants which it claimed this year; and that shareholders will receive an interim dividend in September given its 'strong financial position.'

The statement added: "The board wishes to thank shareholders alongside employees and other stakeholders in the business for their support over the period of the pandemic."

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