Pre Close Trading Statement

RNS Number : 5371N
James Halstead PLC
01 February 2016
 

 

 

1 February 2016

 

JAMES HALSTEAD PLC

Pre Close Trading Statement



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 31st December 2015.

In his AGM trading update, on 27 November 2015, Mr. Geoffrey Halstead noted that he had every expectation of progress in terms of profit despite the adverse effects of exchange rates.

 

Turnover has increased in each of the company's major markets on a constant currency basis though the translation of exports to sterling is against an adverse effect of 10-15%. Nevertheless the profit for the first 6 months trading is ahead of last year and in line with the board's expectations.

 

Confidence in the full year is unchanged and remains positive.

 

 

 

Enquiries:

 

James Halstead

0161 767 2500

Mark Halstead, Chief Executive


Gordon Oliver, Finance Director




Hudson Sandler

020 7796 4133

Nick Lyon




Panmure Gordon (Nomad and Joint Broker)

020 7886 2500

Ben Thorne

Andrew Potts

 

 

 

 

Arden Partners (Joint Broker)        

Chris Hardie                                    

 

020 7614 5900

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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