Irish ceramics firm Qualceram Shires said today it is confident of sustaining growth in sales and earnings after the successful acquisition of the Shires Group.
Results for the year to December 31st 2000 showed the group's operating profit up by 72 per cent to euro 5.3 million from euro 3.1 million on turnover of euro 41.7 million.
Chief executive Mr John O'Loughlin said the group has improved efficiencies and cut costs since buying Shires.
"We are now six months into our integration programme, which has gone according to plan. We have achieved substantial success in many areas of operations, sales and administration and we look forward to the future with confidence," he said.
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AFP