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HEAD Headlam Group Plc

175.00
-5.50 (-3.05%)
Last Updated: 16:00:08
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Headlam Group Plc LSE:HEAD London Ordinary Share GB0004170089 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -5.50 -3.05% 175.00 175.50 181.50 181.00 175.00 181.00 34,421 16:00:08
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Floor Covering Stores 656.5M 6.5M 0.0805 21.80 141.77M

Headlam Group PLC Trading Statement (8037C)

22/01/2015 7:00am

UK Regulatory


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TIDMHEAD

RNS Number : 8037C

Headlam Group PLC

22 January 2015

22 January 2015

Trading update

Ahead of the results release for the year ended 31 December 2014 on Thursday 5 March 2015, Headlam Group plc, Europe's leading floorcoverings distributor, provides a brief trading update as follows.

Total group revenue for the twelve month period to 31 December 2014 increased by 5.3% compared with the previous year.

In the UK, favourable trading during November and December, up 3.7% and 6.8% respectively against strong prior year comparables, contributed to the twelve month like for like revenue increase of 5.9%. The combined annual revenues from the group's Continental European businesses in local currency on a like for like basis, reduced by 2.3% and 7.3% when translated into sterling.

Based on the pleasing revenue performance, earnings for the twelve months to 31 December 2014 are likely to slightly exceed the group's internal performance target.

Enquiries:

Headlam Group plc

   Tony Brewer, Group Chief Executive                             Tel: 01675 433000 

Stephen Wilson, Group Finance Director

This information is provided by RNS

The company news service from the London Stock Exchange

END

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