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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Headlam Group Plc | AQSE:HEAD.GB | Aquis Stock Exchange | Ordinary Share | GB0004170089 | Ordinary Shares 5p |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 133.00 | 121.00 | 145.00 | 133.00 | 133.00 | 133.00 | 0.00 | 06:48:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Nov 2023 to Nov 2024
TIDMHEAD
RNS Number : 0680A
Headlam Group PLC
18 January 2024
18 January 2024
Headlam Group plc
('Headlam' or the 'Group')
Pre-Close Update
Trading in line with expectations
Headlam (LSE: HEAD), the leading floorcoverings distributor, today provides a pre-close update in respect of the year ended 31 December 2023 ahead of announcing final results in March 2024.
Underlying profit before tax for the year is expected to be in line with market expectations*, subject to audit.
The Group's UK revenue for the year was broadly flat versus the prior year, with Continental Europe declining by 7.7%. As explained in our trading update on 12(th) December 2023, the UK residential market was weak from September, as consumers cut back spending on home improvement projects. The Group's revenue from the commercial sector was more robust, along with revenue from Larger Customers and Trade Counters, which finished the year up 26% and 8.5% respectively, with December being a record month for average daily sales in our Trade Counters business.
The Group's full year results are scheduled to be announced on 5(th) March 2024.
* Company-compiled consensus market expectations, on a mean basis, are available on the Company's website at www.headlam.com
Enquiries:
Headlam Group plc Tel: 01675 433 000 Chris Payne, Chief Executive Email: headlamgroup@headlam.com Adam Phillips, Chief Financial Officer Panmure Gordon (UK) Limited Tel: 020 7886 2500 (Corporate Broker) Tom Scrivens / Atholl Tweedie Peel Hunt LLP (Corporate Broker) Tel: 020 7418 8900 George Sellar / John Welch
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END
TSTSFLFAWELSESF
(END) Dow Jones Newswires
January 18, 2024 02:00 ET (07:00 GMT)
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