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Tiles

Situation improves for stock market listed companies

Jun 30, 2003
30/06/03 - Stock market listed companies are reporting an improvement in performance. In the first six months of 2003, most of them saw an increase in share prices although some are still experiencing a fall.
This is the picture that emerges from the latest figures on share price trends for tile, sanitaryware and tableware manufacturers published in the section ?Ceramic and the stock market?.

The best results were shown by the German company Agrob (+70%), although Toto (+54%), Keramag (+25.73%) and Saint-Gobain (+11.95%) also performed well.
Amongst Italian companies, only Maffei and Pagnossin reported a positive trend (+6.13% and +7.50% respectively), while the Richard-Ginori Group returned the worst result (-22.61%).

The most substantial losses were recorded by UK groups Pilkington?s Tiles and Waterford Wedgwood (respectively -45% and -56.94%).
Compared with the last figures published on 11 April, four times as many companies showed a positive performance (12 instead of 3).

The construction sector is also recovering. Just two of the eight countries considered (Italy and Spain) reported a negative trend in the first six months of the year.

Go to:
Ceramics and the stock market
Building trends

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