Churchill China on the rise as it ups guidance

AIM-listed ceramics manufacturer Churchill China (LON:CHH) has seen its share price rise by 9.80% to 1,647p (as of 10:00 BST) after it provided an update discussing the six months to 30th June. The company said that trading has been strong with the hospitality division outperforming expectations, particularly in Europe.

As a result of this improvement in trading, management said that they now believe that the company’s full year performance will be ahead of their prior expectations.