REG - Headlam Group PLC - Trading Statement <Origin Href="QuoteRef">HEAD.L</Origin>

HeadlamAnnouncement

28/01/2015 02:05

RNS Number : 8037C
Headlam Group PLC
22 January 2015
22 January 2015
Trading update
Ahead of the results release for the year ended 31 December 2014 on Thursday5 March 2015, Headlam Group plc, Europe's leading floorcoverings distributor, provides a brief trading update as follows.
Total group revenue for the twelve month period to 31 December 2014 increased by 5.3% compared with the previous year.
In the UK, favourable trading during November and December, up 3.7% and 6.8% respectively against strong prior year comparables, contributed to the twelve month like for like revenue increase of 5.9%. The combined annual revenues from the group's Continental European businesses in local currency on a like for like basis, reduced by 2.3% and 7.3% when translated into sterling.
Based on the pleasing revenue performance, earnings for the twelve months to31 December 2014 are likely to slightly exceed the group's internal performance target.
Enquiries:
Headlam Group plc 
Tony Brewer, Group Chief Executive  Tel: 01675 433000
Stephen Wilson, Group Finance Director 

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