Portmeirion has message for PM Andy Burnham as revenues fall and pre-tax loss up

Pottery group Portmeirion says it expects “return to growth” in 2027 after recent declines in financial performance and higher costs. Latest figures show revenue fell 1.9% to £36.4 million, while pre-tax losses widened from £2.8 million to £4.5 million. The company also reported overhead costs up 9.3%, linked to increases in employer national insurance and the national minimum wage. Portmeirion attributed progress to a profit improvement plan, investment at its Stoke factory, and expansion into Türkiye for the first time. Chief executive Michael Scheepers said trading matched expectations and noted improved momentum in the UK, supported by talks with major retailers and calls for the Prime Minister to act on pledged £120m funding.