Trading Update and Final Divi

RNS Number : 2855H

Churchill China PLC

17 February 2010

 



For Immediate Release

17 February 2010

CHURCHILL CHINA plc

Trading Update and Final Dividend Payment Date

The Board of Churchill China plc, (AIM : CHH) the manufacturer and global distributor of ceramic tableware and household products to hospitality and retail markets, is pleased to announce that it anticipates that profits for the year to 31 December 2009 will be in line with earlier expectations. Our cash position remains strong.

The Board has considered the above and has decided to bring forward the payment of the final dividend for 2009, normally payable in May 2010 to March 2010. This dividend of 9.2p per share, giving a total dividend of 14.0p for the year (2008: 14.0p), will be paid on 12 March 2010 to shareholders on the register at the close of business on 26 February 2010.

Current trading remains at satisfactory levels with some evidence of firmer demand in the Hospitality sector. A full update on current trading will be given at the Group's Preliminary Results announcement on 25 March 2010.

For further information, please contact:

Churchill China plc
Andrew Roper/David Taylor	Tel No: 01782 577566
Buchanan Communications	Tel No: 020 7466 5000
Tim Anderson/Lisa Baderoon/Stasa Filiplic
Brewin Dolphin Investment Banking	Tel No: 0845 213 4730
Andrew Emmott

 

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