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Portmeirion – emphasises ‘continued growth’, but it right to be wary of the outlook for the key trading period ahead?

By Steve Moore | Thursday 14 July 2022


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Previously writing on homewares group Portmeirion (PMP), in May with the shares down to 435p I was cautious – noting ‘“encouraged that the group continues to grow”, but will that continue?’. The shares last closed at 410p but are currently 365p on the back of a trading update.

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