Wicklow-based ceramics manufacturer Qualceram has reported a 109 per cent increase in pre-tax profits to euro 3.7 million for the six months to June 30th.
Turnover rose by 449 per cent to euro 56.7 million. This figure incorporates for the first time the results for the British ceramics group Shires, which Qualceram bought last year.
Commenting on the results, Qualceram chief executive Mr John O'Loughlin said he was happy with the progress made during the first six months of the financial year.
The company said its cost-improvement programme is ongoing and that it will focus on increased output with a commitment to improving customer service.
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The board has recommended an interim dividend of 1.75 cents per share.