Churchill China Plc £CHH - A Valuation On 6th September 2021

A small yet robust tableware and ceramics business in the UK. They were smashed by the pandemic, but the world is opening up and they'll be able to take advantage of some consolidation.

Summary

Churchill China is a small yet robust tableware and ceramics business in the UK. Their international diversification and B2C channels reduced the downside during the pandemic. They'll continue to bounce back as the world reopens and will enjoy the benefits of some market consolidation. Moreover, their manufacturing efficiencies, improving scale a…