September 23, 2010
Ceramic sanitary ware and tile manufacturer Ceramic Industries CEO Nick Booth expects to see an uptick in the residential construction market by the middle of next year, which would bode well for the group. In a recent interview, he noted that the manufacturer had achieved “robust results” from its tile division in the six months ended January 31, 2010, despite continued tough trading conditions. Booth speaks openly about wage increase demands, labor discontents, the impact that a three-month labor strike had on output and cost-market share.
Run time: About 6 minutes.