Group revenues fell to £42.3m from £43.7m but operating profits rose to £2.7m from £2.3m and basic earnings per share increased to 19.2p from 15.8p.
Chairman Jonathan Sparey said: “The profile of our business continues to change. We have clear strategies for growth in our hospitality business and have repositioned our retail business which is now delivering improved margins with reduced risk. Continued investment in UK manufacturing, sales and marketing and new product development will be a key feature of 2012. I am confident that Churchill will deliver enhanced shareholder value in 2012 and beyond.”
You can view the entire range of Churchill China products by going here:http://www.churchillchina.com/
