Pre-close Trading Update

James Halstead PLC 28 January 2008 28 January 2008 James Halstead plc Pre-close Trading Statement James Halstead plc, the commercial flooring manufacturer and distributor, is providing the following trading update prior to entering the close period ahead of its interim results for the six months to 31 December 2007. James Halstead will announce these results on 31 March 2008. The confidence expressed by the Chairman, Mr Geoffrey Halstead, at the Annual General Meeting, held on 7 December 2007, has been well founded. Turnover in the year to 30 June 2007 was 13% ahead of the prior year and first half turnover, on a like for like basis, has grown by at least this amount against the prior year comparative. Both UK turnover and international sales are ahead with Central European sales being particularly positive. The weakness of sterling has improved several key market margins and has, to a significant extent, lessened the effects of raw material and energy cost increases. The growth in turnover will translate into profit growth which will be demonstrated in the forthcoming interims. Enquiries: James Halstead Mark Halstead, Chief Executive Telephone : 0161 767 2500 Gordon Oliver, Finance Director Hudson Sandler Nick Lyon Telephone : 020 7796 4133 This information is provided by RNS The company news service from the London Stock Exchange
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