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Pin to quick picksHeadlam Regulatory News (HEAD)

Share Price Information for Headlam (HEAD)

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26.00    -2.40 (-8.45%)
Bid:
25.50
Ask:
26.50
Spread: 1.00 (3.922%)
Market Cap: £20.87m
HEAD Live PriceLast checked at - London Stock Exchange

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Trading Statement

22 Jan 2015 07:00

RNS Number : 8037C
Headlam Group PLC
22 January 2015
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22 January 2015

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Trading update

Ahead of the results release for the year ended 31 December 2014 on ThursdayΒ 5 March 2015, Headlam Group plc, Europe's leading floorcoverings distributor, provides a brief trading update as follows.

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Total group revenue for the twelve month period to 31 December 2014 increased by 5.3% compared with the previous year.

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In the UK, favourable trading during November and December, up 3.7% and 6.8% respectively against strong prior year comparables, contributed to the twelve month like for like revenue increase of 5.9%. The combined annual revenues from the group's Continental European businesses in local currency on a like for like basis, reduced by 2.3% and 7.3% when translated into sterling.

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Based on the pleasing revenue performance, earnings for the twelve months toΒ 31 December 2014 are likely to slightly exceed the group's internal performance target.

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Enquiries:

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Headlam Group plc

Tony Brewer, Group Chief Executive Tel: 01675 433000

Stephen Wilson, Group Finance Director

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