Qualceram turnover drops 30%

BATHROOM fixtures maker Qualceram Shires has warned that the slowdown in new house building has hit its sales.

The company, which in March received a takeover offer, said turnover in the first three months of the year was down 30% on the 2007 figure.

The decline, the company said, was principally the result of slowing house building in Ireland and Britain, but also from the impact of a strong euro.