Ceramic Industry News

Waterford Wedgwood Results Sparkle Against Odds

Irish crystal, chinaware and luxury goods group Waterford Wedgwood Plc recently reported a 24% jump in year profits despite tricky market conditions, and was cautiously optimistic on prospects for 2001. Waterford posted pre-tax profits before goodwill of 85.5 million euros ($79.53 million), up from 68.7 million the year before, with total sales passing the one billion euros mark for the first time. Current trading was ahead of 2000 levels. "It's so far, so good this year and, while it would be foolish not to acknowledge there are challenging times up ahead for everyone, we would be hopeful and positive on our growth prospects," Redmond O'Donoghue, recently- appointed chief executive of the Wedgwood division, told Reuters in a telephone interview. O'Donoghue said the company had doubled revenues in the past three years and intended to double again over the next five. "We have a healthy appetite for acquisitions, but these would be opportunistic rather than planned," he said.

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.



Image Galleries

2015 Ceramics Expo

Snapshots from the 2015 Ceramics Expo, April 28-30, Cleveland, Ohio. Posted: May 14, 2015.


Ceramics Expo podcast
Editor Susan Sutton discusses the upcoming Ceramics Expo with event director Adam Moore.
More Podcasts

Ceramic Industry Magazine

June 2015 ceramic industry

2015 June

This issue features our first annual Supplier of the Year Awards. Be sure to check it out!
Table Of Contents Subscribe

Daily News

We know where you find the latest ceramic industry news (ahem), but where do you catch up on the rest of your daily news?
View Results Poll Archive


M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.


facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px


CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!