THERE are no immediate plans for jobs cuts at Waterford Wedgwood in the wake of yesterday’s profit warning, which brought losses in the company’s market value to €37.2 million in less than a week, said group chief executive Redmond O’Donoghue.

Waterford Wedgwood has announced that, on a like-for-like basis (at constant exchange rates), sales during December 2004 were 2% up on the same month of the previous year.