Pre-close Trading Update

James Halstead PLC 25 July 2007 25 July 2007 James Halstead plc Pre-close Trading Statement James Halstead plc, international manufacturer and distributor of commercial floor coverings is issuing the following trading statement prior to entering the close period ahead of its full year results for the year ended 30 June 2007. James Halstead plc will announce these results on 1 October 2007. The strong sales performance for the first half reported in March 2007 has continued into the second half of the year with all subsidiaries reporting turnover increases. The Continental European based subsidiaries, Australia and Phoenix are on line to report 'like for like' double-digit sales growth. As noted in an earlier update the upgrade to the Polysafe facility, in Manchester, was successfully completed in April 2007 and full production resumed ahead of schedule with output increases and with the potential for further product development. The UK based manufacturing facility has continued to face raw material price increases and increased energy costs but with the increased sales of complementary product manufactured elsewhere margins have been, at least, maintained. It is anticipated that the Group's pre tax profit for the year just ended will be above market expectations. Enquiries: Mark Halstead, Chief Executive Telephone : 0161 767 2500 Gordon Oliver, Finance Director Amy Faulconbridge, Hudson Sandler Telephone : 020 7796 4133 This information is provided by RNS The company news service from the London Stock Exchange
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