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HEAD - Headlam News Story

466p 6.0  1.3%

Last Trade - 18/10/19

Sector
Consumer Cyclicals
Size
Mid Cap
Market Cap £395.2m
Enterprise Value £409.4m
Revenue £719.6m
Position in Universe 614th / 1855

BRIEF-Headlam Says FY Underlying Pretax Profit Rose 0.3 Mln Stg

Wed 6th March, 2019 7:36am
March 6 (Reuters) - Headlam Group PLC  HEAD.L :
    * FY TOTAL REVENUE INCREASED 2.3% TO £708.4 MILLION (2017:
£692.5
MILLION)
    * FY LIKE-FOR-LIKE REVENUE DECLINED IN BOTH UK AND
CONTINENTAL
EUROPE, 4.2% AND 1.8% RESPECTIVELY
    * FY  UNDERLYING PROFIT BEFORE TAX INCREASED £0.3 MILLION TO
£43.4
MILLION (2017: £43.1 MILLION)
    * FY STATUTORY PROFIT BEFORE TAX OF £40.4 MILLION MARGINALLY
DOWN
ON PRIOR YEAR (2017: £40.7 MILLION)
    * FY TOTAL ORDINARY DIVIDEND IN RESPECT OF 2018 INCREASED
SLIGHTLY
TO 25.0 PENCE (2017: 24.8 PENCE)
    * ANTICIPATED THAT 2019 UNDERLYING PROFIT BEFORE TAX WILL BE
LOWER
THAN 2018 DUE TO A NUMBER OF FACTORS
    * POSITIVE START TO YEAR, WITH BOTH UK AND CONTINENTAL
EUROPE UP
ON A LIKE-FOR-LIKE REVENUE BASIS FOR YEAR-TO-DATE

Source text for Eikon:  ID:nRSF9536Ra 
Further company coverage:  HEAD.L 

 ((Reuters.Briefs@thomsonreuters.com;))
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