Churchill China (LON:CHH) continues to show how successful a UK manufacturing business can be when it is run efficiently and well-invested. Churchill has focused on the ceramics markets where it is strong, particularly supplying hardwearing plates and bowls to hotels and restaurants, and it has built up a strong market share in hospitality sector.
Pre-tax profit has grown at a compound annual growth rate of 22% over a five year period.
In the first half of 2019, revenues were 17% ahead a £31.9m. However, that includes £2m from ceramic materials supplier Furlong Mills now that it is majo...