There has been a very recent accretion of shares by one of this pottery group’s Swedish-based shareholders – begging the question what is behind this latest move?
It is even more interesting after the group, just two weeks ago, announced a collapse in its 2023 profits from £8.0m to just £3.0m, slashing its earnings by more than a half in the process.
The Business
The Portmeirion Group (LON:PMP) is the owner, designer, manufacturer, and omni-channel retailer of homeware brands in global markets.
It manufactures earthenware from its factory in Stoke-on-Trent and home fragrance at it...
