Irish crystal and china maker Waterford Wedgwood should return to profitability in 2007, its chief executive said yesterday.
"Really 2006 is when our plans get implemented. When restructuring is in place, I think we will have the elements to return the company to profitable operations.
"I would expect profits in 2007," Peter Cameron said after the company's annual general meeting.
In June the group posted a pre-tax loss of 149.2 million euros (£102.1 million) in the year to end-March versus a loss of 45 million previously.