UK's James Halstead falls on profit forecast downgrade
22/07/2026 09:24
BUZZ-UK's James Halstead falls on profit forecast downgrade ** Shares of flooring products manufacturer James Halstead JHD.L down 4% at 121.9p
** Company expects its annual profit to fall about 10%-15% and sales to come in marginally below the 2025 comparative** Says it temporarily absorbed some costs from supplier surcharges linked to the Iran war to buffer the impact on end contractors
** YTD, stock down 8.02%, as of Tuesday's close
(Reporting by Simone Lobo in Bengaluru)
((Simone.Lobo@thomsonreuters.com, +919920570373))