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Royal Doulton announces interims and glass firm bid

Interim pre-tax profits of Britain“s Royal Doulton“s 17% to UK 4.2 million, mostly thanks to export growth. Sales for the half to 30 June 1996 were up 5.4% to UK 114.1 million. Chairman Mark Burrell…

Interim pre-tax profits of Britain“s Royal Doulton“s 17% to UK 4.2 million, mostly thanks to export growth. Sales for the half to 30 June 1996 were up 5.4% to UK 114.1 million. Chairman Mark Burrell said trading conditions in the UK and north America remained competitive, but strong sales growth was achieved in Australia and Japan. Shortly after the interims were announced, Doulton announced a bid for giftware maker Caithness Glass for UK 5.47 million, subject to a downwards-only adjustment after audit. The acquisition was expected to be completed by the end of November.

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