1st Feb 2016 07:39
LONDON (Alliance News) - Commercial flooring company James Halstead PLC on Monday said profit for the first half of its financial year was in line with its expectations.
The company said revenue has increased in its major markets and, despite the group taking a hit from the strength of sterling, profit for the half to the end of December was ahead year-on-year and in line with its expectations. It said the negative impact of currency conversion on revenue is 10% to 15%.
James Halstead said its remains confident on meeting its expectations for the full year to the end of June.
By Sam Unsted; [email protected]; @SamUAtAlliance
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