Our vision is to be a leading force in the global homeware sector focused on growing our great British brands.
A diverse portfolio of brands
Much of the value of the Group lies within our five brands and the patterns which underpin them. Further information about our brands can be found here.
Our British brands are known across the world and have nearly 700 years of collective life.
Strong operational capabilities
The Group has two UK manufacturing sites and a strong distribution network in its key markets. These operations have sufficient capacity to support anticipated business growth in the medium term.
Strong balance sheet and access to funding
The Group ended the year cash positive and with access to a further £12 million of unused banking facilities. Portmeirion Group PLC is listed on AIM, which gives us access to equity capital should we require it.
Strong track record
The Group has reported revenue growth for ten consecutive years, which has allowed the Group to increase dividends during that period by an average of 9.8% per annum.
Continued product development
The Group launched 1,017 new products during the year; these were largely customer driven product development to ensure the maximum success opportunity.
Established global sales channels
The Group’s revenue is generated from a variety of different channels, markets, currencies and product categories.
The Group sells into over 70 countries around the world and continues to aim for diversification in product, market and customer.
In the UK, we have an established trading network where products are sold via retail trade and independent stores. This is supplemented by sales direct to consumers via our own retail stores and our rapidly growing e-commerce sites.
In the USA, sales are made through major retailers, independent stores, via a network of third party agents and our US e-commerce sites.
Internationally, our key export markets are serviced by our main operating sites in the UK and USA, with localised sales performed through our Canada and China warehouses. Our route to market is determined by local requirements, including long-established distribution relationships in major markets.
Diversified product offering
The Group’s sales are well diversified and come under four main categories; manufactured ceramics, sourced ceramics, manufactured home fragrance and sourced non-ceramics. This spread reduces the reliance of the business on any one source of supply or customer group. Our range of products includes tableware, giftware, home fragrance, cookware and tabletop accessories.
In addition to this, the Group also receives some royalty income from the valuable intellectual property embedded in our brands, patterns and designs.
Value is delivered by a progressive dividend policy and capital appreciation. Portmeirion Group has a strong track record of increasing dividends and enhancing shareholder returns.
For the year ended 31 December 2018:
Dividends paid and proposed per share
Earnings per share
Working closely with customers and targeted product development ensures that we launch innovative products that reflect current consumer requirements, are priced competitively to appeal across multiple sales channels, are delivered within the required lead times and adhere to our exacting quality standards.
New products developed
For employees and local communities
The Group has nearly 800 employees across the world. We provide employment in our local communities and opportunities for long-term career development. The Group also aims to raise money for local causes and is participating in volunteer schemes to benefit local charities.