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Churchill China ( (GB:CHH) ) has provided an update.
Churchill China reported a resilient profit performance for the year ending December 31, 2024, despite facing challenging market conditions and a 4.9% decline in revenue to £78.3 million. The company maintained strong operational efficiency, improved yields, and controlled energy costs, which helped offset reduced production volumes. Churchill China continued to invest in factory automation and sales and marketing, supporting its market share growth in the UK and export markets. The company remains well-positioned for future growth, with a strong balance sheet and a focus on innovation and cost reduction.
More about Churchill China
Churchill China plc is a UK-based manufacturer specializing in innovative performance ceramic products for the global hospitality market. The company focuses on delivering high-quality ceramic products and has a strong presence in both domestic and international markets.
YTD Price Performance: -30.0%
Average Trading Volume: 21,086
Technical Sentiment Signal: Strong Buy
Current Market Cap: £54.44M
See more insights into CHH stock on TipRanks’ Stock Analysis page.