Qualceram warns of 'further rationalisation'

Bathroom suits company Qualceram Shires has announced losses of €80,000 for the six months to the end of June, a reversal of last year's €2.4m profit for the same period.

Group boss John O'Loughlin said: "Demanding market conditions have impacted on turnover and profitability in the first half of 2008 and conditions will remain challenging for the remainder of the year.