RAK Ceramics returns to steady growth

RAK Ceramics, one of the largest ceramics brands in the world, announced its financial results for the quarter ended 31 March 2021, which confirm the return to a state of steady growth. The company surpassed pre-pandemic levels of operation, with record levels of revenue and profitability. This is very good news for the Ras-al-Khaimah-based Group after a challenging 2020, when total revenues dropped by 8.7% to AED 2.35 billion (approx. 521 million euros) due to the COVID-19 lockdowns in the second quarter and despite the accelerated recovery in the third and fourth quarters.