Samuel Heath & Sons shares fall on profit drop, cautious summer outlook
28/07/2026 09:06
BUZZ-Samuel Heath & Sons shares fall on profit drop, cautious summer outlook ** Shares of tap manufacturer Samuel Heath & Sons HSM.L down 3.5% at 280 pence
** HSM expects summer trading to be difficult after reporting weaker orders and a 68% fall in annual pretax profit
** Co says latest events in the Middle East have affected a small but important residential market for the company in the region, and now expects an impact on energy costs
** YTD, stock is down ~15%
(Reporting by Neeshita Beura in Bengaluru)
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