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Headlam (HEAD) Share News

IN BRIEF: Headlam swings to loss in 2024 as sales decline

11th Mar 2025 20:18

Headlam Group PLC - floorcoverings distributor - reports weaker annual results, and says revenue so far in 2025 has shrunk. Headlam swings to a pretax loss of GBP41.5 million in 2024 from profit of GBP7.1 million in 2023. Revenue falls 9.7% to GBP593.1 million from GBP656.5 million. "In the face of ongoing market weakness, 2024 has seen Headlam accelerate a major strategic restructuring of the group. At its heart, this transformation plan will simplify our customer offer, simplify our network and simplify our operations, positioning the group to increase market share, structurally improve profitability and reduce the capital intensity of the business. We have made strong early progress on our plan and, today, upgrade the expected financial benefits from it," CEO Chris Payne says. Revenue for January and February 2025 declines 6% compared to the previous year, Headlam says. It adds: "The various external forecasts for flooring and related markets point to the flooring market returning to modest growth in 2025, albeit the timing and pace of recovery remains highly uncertain and could be influenced by macroeconomic and geopolitical developments." Read More

SMALL-CAP WINNERS & LOSERS: Care REIT backs buyout; Headlam sinks

11th Mar 2025 10:08

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday. Read More

UK earnings, trading statements calendar - next 7 days

4th Mar 2025 15:12

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IN BRIEF: Headlam Chair Edelman steps down, Bird takes up role

28th Feb 2025 16:45

Headlam Group PLC - Birmingham-based floor coverings specialist - Chair Keith Edelman steps down from the board with immediate effect following a successful handover to Stephen Bird pursuant to Headlam's Chair succession plan. Bird takes up the role of chair of the company with immediate effect. Adds that Bird will stand for re-election at its annual general meeting in May. Read More

EARNINGS: Residential Secure Income presses on with asset realisations

22nd Jan 2025 18:48

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More

LONDON MARKET CLOSE: Stocks close mixed ahead of calm Christmas week

20th Dec 2024 16:56

(Alliance News) - Stock prices in London closed mixed on Friday, as cruise ship operator Carnival perked up amid a swing to a profit. Read More

LONDON MARKET MIDDAY: Stocks slump ahead of PCE; Novo Nordisk plunges

20th Dec 2024 12:19

(Alliance News) - Stocks in London were in the red at midday on Friday as drab retail sales data added to the decidedly unfestive mood in equity markets. Read More

SMALL-CAP WINNERS & LOSERS: Headlam hires Videndum's ex-CEO as chair

20th Dec 2024 11:25

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday. Read More

Headlam makes GBP54 million in property disposals; names new chair

20th Dec 2024 09:02

(Alliance News) - Headlam Group PLC on Friday said it has sold three properties for a total of nearly GBP54 million in a simplification drive, and it announced the retirement of its chair. Read More

EARNINGS AND TRADING: Card Factory buys Garven; Carclo loss narrows

5th Dec 2024 16:00

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

SMALL-CAP WINNERS & LOSERS: Gore Street gains on Goldman contract

18th Oct 2024 10:32

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday. Read More

EARNINGS AND TRADING: McBride swings to profit; Headlam in the red

17th Sep 2024 13:03

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More

SMALL-CAP WINNERS & LOSERS: THG mulls demerger as outlook disappoints

17th Sep 2024 10:32

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday. Read More

LONDON MARKET OPEN: Kingfisher up, Essentra slumps on profit caution

17th Sep 2024 08:54

(Alliance News) - Stock prices in Europe opened in the green on Tuesday, on the growing conviction that the Federal Reserve will cut rates by 50 basis points on Wednesday. Read More

UK earnings, trading statements calendar - next 7 days

10th Sep 2024 14:34

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EARNINGS AND TRADING: James Cropper posts loss; Arbuthnot profit falls

23rd Jul 2024 16:46

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More

UK dividends calendar - next 7 days

31st May 2024 16:09

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UK shareholder meetings calendar - next 7 days

16th May 2024 15:46

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UK earnings, trading statements calendar - next 7 days

16th May 2024 15:45

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TRADING UPDATES: Headlam warns of loss; EnSilica predicts revenue rise

14th May 2024 19:41

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More

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