31st Jan 2024 07:00
31 January 2024
JAMES HALSTEAD PLC (the "Company")
Trading Update
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 31 December 2023.
In his AGM statement, on 1 December 2023, the Chairman, Mr. Anthony Wild noted the
strong competition but expressed confidence of exceeding the half year comparatives.
The Company will, despite softening of sales demand in some European markets, report profits in the region of 15-20% ahead of the prior year comparative and with a robust cash balance.
The Board's expectations for the full year remain positive and for continued progress on dividend distributions.
The interim results will be published on 27 March 2024.
Enquiries: | |
| |
James Halstead plc | Tel: 0161 767 2500 |
Mark Halstead, Chief Executive | |
Gordon Oliver, Finance Director | |
| |
Hudson Sandler | Tel: 020 7796 4133 |
Nick Lyon / Nick Moore | |
Panmure Gordon (Nomad and Joint Broker) | Tel: 020 7886 2500 |
Dominic Morley | |
WH Ireland (Joint Broker) Ben Thorne / Chris Hardie | Tel: 020 7220 1666 |
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