Churchill China shares in the red after interims

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Churchill China shares in the red after interims

Shares in AIM-listed ceramics firm Churchill China (LON:CCH) dropped 1.86% to 2,060p (as of 15:30 BST) after the company reported a 40% decline in revenues for the six months ended 30th June. The year had started well before COVID hit, but management said that the market recovery was now progressing well.

Chairman Alan McWalter commented: “Churchill remains a resilient Company with a strong market position and a geographically wide spread of business within the hospitality sector. Our key strengths of innovative design, technically differentiated products and market leading customer service will remain important in our markets“.

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