1st Feb 2016 07:00
1 February 2016
JAMES HALSTEAD PLCPre Close Trading Statement
James Halstead plc, the commercial flooring manufacturer and distributor, is providing the following trading update ahead of its interim results for the half-year to 31st December 2015.In his AGM trading update, on 27 November 2015, Mr. Geoffrey Halstead noted that he had every expectation of progress in terms of profit despite the adverse effects of exchange rates.
Turnover has increased in each of the company's major markets on a constant currency basis though the translation of exports to sterling is against an adverse effect of 10-15%. Nevertheless the profit for the first 6 months trading is ahead of last year and in line with the board's expectations.
Confidence in the full year is unchanged and remains positive.
Enquiries:
James Halstead | 0161 767 2500 |
Mark Halstead, Chief Executive | |
Gordon Oliver, Finance Director | |
Hudson Sandler | 020 7796 4133 |
Nick Lyon | |
Panmure Gordon (Nomad and Joint Broker) | 020 7886 2500 |
Ben Thorne Andrew Potts
|
|
Arden Partners (Joint Broker) Chris Hardie
| 020 7614 5900 |
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