Churchill China (CHH) H2 2025 TU earnings summary

Executive summary

• Full year turnover reached approximately £76m, with profit before tax expected to align with market consensus of £6.0m for 2025.

• Second half trading met expectations, with positive momentum in key regions.

Financial highlights

• Turnover for the year was circa £76m.

• Profit before tax is anticipated to be in line with analyst consensus at £6.0m.

• Year-end cash position improved to £10.8m, ahead of the opening balance.

Outlook and guidance

• Order pipeline at year end was ahead of the prior year, indicating a positive start to the next period.

• Mitigating actions are in place to limit the impact of a key UK customer sourcing materials directly.