Churchill China Reports £76M Turnover, Profit on Track

Churchill China Reports Steady Performance with £76M Turnover

Churchill China PLC (LON:CHH), a leading manufacturer of ceramic products for the hospitality sector, announced an annual turnover of approximately £76 million for 2025. The company also stated that its profit before tax is expected to meet market expectations of £6 million, with second-half trading performing as anticipated.

Regional Performance Overview

The company experienced varied results across its key markets. European trading saw a second-half performance that outpaced the previous year, concluding 2025 broadly in line with 2024. U.S. operations finished ahead of the prior year despite dollar devaluation. While maintaining its market leadership in the UK, Churchill noted challenging macroeconomic conditions for end users, although a pre-Christmas investment period was encouraging. Performance in the Rest of the World was softer due to the postponement of large projects.

Operational Health and Financials

The materials division performed well, but the company anticipates a future revenue impact from a key UK customer's decision to source materials directly. Mitigating actions are underway to limit the effect on profitability. Churchill China ended the year with a strong cash position of £10.8 million, an increase from its opening balance.

Summary and Outlook

Churchill China has demonstrated resilience with stable turnover and profits aligned with expectations, supported by a strong cash position. The company's focus will be on navigating regional market conditions and mitigating operational challenges to sustain profitability.

FAQ

Q: What was Churchill China's reported turnover for 2025?
A: Churchill China reported an annual turnover of approximately £76 million.

Q: How did the company's financial position end for the year?
A: The company concluded the year with a cash balance of £10.8 million, which was higher than its opening balance.

Source: Investing.com