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5-day change
1st Jan Change
267
GBX
+3.69%
+17.11%
-7.93%
Portmeirion : H1 2022 FINANCIAL YEAR
September 22, 2022 at 03:20 am EDT
WELCOME TO OUR
H1 2022 FINANCIAL YEAR INVESTOR ROADSHOW
TODAY'S AGENDA
Overview & H1 2022 Results
Our Business Model
Core strengths
Strategy
Ambitions
Our Strategic Progress
Highlights
Developing Online
Building New Markets / Geography
New Product Development
Leveraging Our Brands
Operational Capabilities & Efficiency
ESG
Forward View & Summary
03.
OVERVIEW &
H1 2022 RESULTS.
OVERVIEW & H1 2022 RESULTS
H1 2022 OVERVIEW
5% revenue growth despite significant macro headwinds shows resilience of brands
Benefit of diversified sales markets negates weak consumer sentiment
Operating margin up 8% : Cost pressures successfully passed through in price
UK/US total online channels sales growth during pandemic maintained
Stoke factory productivity up 5% YOY as capex automation starts to bed in
Profit +30%
Positive start to Q3 with growth YOY
Reinstating interim dividend
+30% Y03Y
45.5
43.1
36.9
34.9
32.0
H1 2018
H1 2019
H1 2020
H1 2021
H1 2022
5% SALES GROWTH DESPITE
SIGNIFICANT MACRO HEADWINDS
OVERVIEW & H1 2022 RESULTS
H1 2022 PERFORMANCE
2022
2021
2019
2022 v 2021
2022 v 2019
£m
£m
£m
Change
Change
Revenue
45.5
43.1
34.9
+5%
+30%
Headline* profit
2.0
1.5
0.5
+30%
+186%
before tax
Headline* operating
4.3%
4.0%
1.7%
+0.3%
+2.6%
profit margin
Headline* EPS
12.00p
9.12p
3.96p
+2.88p
+8.04p
Dividends
3.50p
0.00p
8.00p
+3.50p
-4.50p
Net (debt)/cash
(6.8)
0.1
(5.8)
-6.9
-1.0
*Headline numbers exclude exceptional items, restructuring costs.
05.
Continued sales growth +5%
Y03Y +30% sales growth
Profit + 30%
Dividends reinstated for FY21.
Net debt due to cost inflation/FX and earlier US inventory purchases Attachments
Original Link
Original Document
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Disclaimer
Portmeirion Group plc published this content on 22 September 2022 and is solely responsible for the information contained therein. Distributed by Public , unedited and unaltered, on 22 September 2022 07:19:07 UTC .
Transcript : Portmeirion Group PLC, 2023 Earnings Call, Apr 10, 2024
Apr. 10
Portmeirion shares fall on annual loss swing, confident in long-term
Mar. 26
AN
Portmeirion Group PLC Reports Earnings Results for the Full Year Ended December 31, 2023
Mar. 26
CI
Portmeirion plunges on bleak outlook but annual sales beat consensus
Jan. 17
AN
Portmeirion Group PLC Provides Earnings Guidance for the Year Ended 31 December 2023 and for the Fiscal Year 2024
Jan. 17
CI
Transcript : Portmeirion Group PLC, H1 2023 Earnings Call, Sep 19, 2023
23-09-19
FTSE 100 Closes Thursday Up at Highest Levels Since Mid-July
23-09-14
DJ
UK Housing Market's August Decline Suggests More Fallout Ahead
23-09-14
DJ
EARNINGS: MJ Gleeson cuts dividend, Portmeirion holds, Churchill hikes
23-09-14
AN
Earnings Flash (PMP.L) PORTMEIRION GROUP Reports H1 Revenue GBP44.1M
23-09-14
MT
Earnings Flash (PMP.L) PORTMEIRION GROUP Reports H1 Loss GBX-0.82
23-09-14
MT
Portmeirion Group PLC Reports Earnings Results for the Half Year Ended June 30, 2023
23-09-14
CI
Portmeirion Group PLC Declares an Interim Dividend, Payable on 15 December 2023
23-09-14
CI
Portmeirion Group PLC Provides Earnings Guidance for the Fiscal Year 2023
23-09-14
CI
The FTSE 100 Closes up 0.8% as Miners Outperfom
23-07-20
DJ
FTSE 100 supported by mining stocks
23-07-20
AN
EasyJet Benefits From Demand Recovery But Faces Some Summer Turbulence
23-07-20
DJ
Portmeirion shares fall 30% as profit expected to be below consensus
23-07-20
AN
AIM WINNERS & LOSERS: Administration "ever more likely" for Amte Power
23-07-20
AN
Portmeirion Group PLC Provides Sales Guidance for the Six Months Ended 30 June 2023
23-07-20
CI
Portmeirion Group PLC Appoints Jeremy Wilson as Non-Executive Director
23-06-01
CI
Portmeirion shares down but expects "robust" first half
23-05-23
AN
Sterling Edges Lower After UK PMI Data -2-
23-05-23
DJ
Transcript : Portmeirion Group PLC, 2022 Earnings Call, Mar 27, 2023
23-03-27
Portmeirion shares up as ups yearly dividend on profit jump
23-03-23
AN
Duration Auto. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max.
Period Day Week
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Portmeirion Group PLC is a United Kingdom-based company that is focused on the homeware sector. The Company is the owner, designer, manufacturer, and omni-channel retailer of homeware brands in global markets. The Company manufactures earthenware from its factory in Stoke-on-Trent and home fragrance at its factory in the Lake District. It also sources a range of products from around the world, which includes bone China and porcelain tableware, wood, glass and metal alloy giftware, and other associated homeware products. Its business is built around six international homeware brands, which include Portmeirion, Spode, Wax Lyrical, Royal Worcester, Pimpernel, and Nambe. The Company sells its products in various countries, including the United Kingdom, the United States, Canada, Europe, the Middle East, and the Far East. It sells its products via online channels, including its own United Kingdom and United States Websites and through a network of distributors, agents and own-retail stores.
More about the company
Last Close Price
2.575
GBP
Average target price
2.5
GBP
Spread / Average Target
-2.91%
Consensus
1st Jan change
Capi.
-7.93% 44.13M +24.84% 64.64B +37.14% 34.08B +26.38% 8.88B -0.53% 6.71B +10.45% 6.41B +3.93% 5.05B +9.06% 4.57B -7.43% 3.23B +2.91% 2.5B
Other Appliances, Tools & Housewares
+951% of historical
More than 20 years
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