James Halstead PLC - Manchester-based flooring manufacturer - Ahead of its annual general meeting on Friday, says whilst its "major markets face strong competition", it is seeing improved output and profits which are "materially" ahead of the comparatives. "We are confident of achieving full year market expectations of improved bottom line results and exceeding the half year comparatives, as well as extending our track record of increased dividends," Chair Anthony Wild says. "I and the board remain positive about the medium-term prospects for the group as a whole."
Current stock price: 207.00 pence, up 4.6%
12-month change: up 6.7%
By Sabrina Penty, Alliance News reporter
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James Halstead (JHD)