James Halstead PLC Trading Update

RNS Number : 4091B

James Halstead PLC

31 January 2024

 

 

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: [phone]
Mark Halstead, Chief Executive
Gordon Oliver, Finance Director
Hudson Sandler	Tel: [phone]
Nick Lyon / Nick Moore
Panmure Gordon (Nomad and Joint Broker)	Tel: [phone]
Dominic Morley
WH Ireland (Joint Broker) Ben Thorne / Chris Hardie	Tel: [phone]

 

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