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James Halstead Says Business Operating As Usual, Factories Operational

Mon, 23rd Mar 2020 14:03

(Alliance News) - Flooring products distributor James Halstead PLC on Monday said its businesses are operating as usual and able to meet needs of customers, despite a evolving and challenging situation due to Covid-19.

"The distribution businesses are well stocked, our factories are operational, our supply chains are robust and with the exception of localised issues we can meet current business requirements," the company said.

The Manchester-based company is slated to release its results for the six months to 2019-end on Tuesday next week.

Shares in James Halstead were down 7.5% at 347.00 pence each in London on Monday afternoon.

By Tapan Panchal; tapanpanchal@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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