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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| James Halstead Plc | LSE:JHD | London | Ordinary Share | GB00B0LS8535 | ORD 5P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1.00 | 0.50% | 200.00 | 202.00 | 203.00 | 203.00 | 199.50 | 199.50 | 80,266 | 16:35:10 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Hard Surface Floor Cover,nec | 303.56M | 42.4M | 0.1017 | 19.86 | 841.84M |
From Apr 2019 to Apr 2024
TIDMJHD
RNS Number : 2855B
James Halstead PLC
30 January 2020
30 January 2020
JAMES HALSTEAD PLC
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 2019.
In his AGM statement, on 6 December 2019, the Chairman, Mr. Anthony Wild, noted that trading to date had been encouraging in terms of turnover and profit for the first five months of the current financial year. This trend continued into December and, once again, the company expects to attain record turnover for the half-year. The projects supplied continue to span the globe with interesting examples such as the Hobbiton tourist resort in New Zealand and Agent Provocateur in London together with the ubiquitous supply of flooring to the NHS such as Chelsea & Westminster Hospital and Hull Royal Infirmary.
Turnover in the UK was 6.8% ahead of the prior year, a creditable performance against the prevailing market conditions. Underlying margins held up but in the period July through to September there were adverse manufacturing variances and incremental labour costs associated with extended shifts / overtime subsequent to a significant engineering breakdown. Notwithstanding this adversity the company expects to report record pre-tax profit for the half-year.
Our balance sheet remains robust.
Interim results will be published on 31 March 2020.
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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 Tel: 020 7886
Broker) 2500
Dominic Morley
Arden Partners (Joint Broker) Tel: 020 7614
Richard Johnson 5900
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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January 30, 2020 02:00 ET (07:00 GMT)
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