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

James HalsteadAnnouncement

01/08/2017 07:01

RNS Number : 6545M
James Halstead PLC
01 August 2017
 
 
 1 August 2017
Pre-Close Trading Statement 
James Halstead plc, the commercial flooring manufacturer and distributor, is providing the following trading update ahead of its final results for the year to 30 June 2017. 
In the Chairman's statement announced on 29 March 2017, it was noted that for the first six month's trading a slow-down in the UK market and adverse price pressure on raw material and overseas sourced goods were holding back the benefits of export currency gains. This continued in the second half year and was exacerbated by a number of major distributors in the UK reducing stock levels 
Notwithstanding this backdrop we are confident of once again reporting record turnover and profits for the year to 30 June 2017.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
Enquiries:

Mark Halstead, Chief Executive

Gordon Oliver, Finance Director
Telephone: 0161 767 2500


Nick Lyon - Hudson Sandler 
Telephone: 020 7796 4133


Ben Thorne - Panmure Gordon
Andrew Potts
Telephone: 020 7886 2500
Chris Hardie - Arden Partners 
Telephone: 020 7614 5900

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