REG - James Halstead PLC - Pre Close Trading Statement <Origin Href="QuoteRef">JHD.L</Origin>

James HalsteadAnnouncement

30/01/2017 07:07

RNS Number : 3858V
James Halstead PLC
30 January 2017
30 January 2017
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 31 December 2016.

In his AGM trading update, on 2 December 2016, Mr. Geoffrey Halstead noted that trading to date had been challenging and making progress against the comparative half-year would be difficult. In addition, the Chairman commented on raw material shortages and price increases following supply chain problems.
Turnover has increased by some 3-4%, boosted by a confident December and profit is in line with expectations. The raw material issues have ameliorated to a degree and major retailer contracts continue with customers such as Vodafone, Co-op Retail, Specsavers and Premier Inn. 
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
Michael Sandler, Nick Lyon, Jocelyn Spottiswoode



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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