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Pin to quick picksJames Halstead Regulatory News (JHD)

Share Price Information for James Halstead (JHD)

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Share Price: 201.00
Bid: 200.00
Ask: 205.00
Change: -9.00 (-4.29%)
Spread: 5.00 (2.50%)
Open: 208.00
High: 208.00
Low: 199.00
Prev. Close: 210.00
JHD Live PriceLast checked at -

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Pre-close Trading Statement

31 Jul 2013 07:00

RNS Number : 5244K
James Halstead PLC
31 July 2013
 



 

 

31 July 2013

 

James Halstead plc

 

Pre-close Trading Statement

 

 

James Halstead plc, the commercial flooring manufacturer and distributor, is providing the following trading update prior to entering the close period ahead of its results for the year to 30 June 2013.

 

In its interim results statement issued on 28 March 2013, the Company reported first half year trading was solid with record profit though turnover was down on the comparative period by 7.5%. Adding a note of caution, the Chief Executive, Mr. Mark Halstead commented that there was a slow-down in several of the markets that the Company exports to and that maintaining last year's level of profit could prove difficult.

 

Since the announcement of the interim results, the Company has continued to trade solidly in difficult global conditions. There is modest growth in our UK flooring turnover but total turnover will be some 4% below the previous year of which half is a result of the discontinued activities in motorcycle accessories.

 

Taking the above into consideration it is expected that operating profit will be within the range of market expectations.

 

Enquiries:

 

James Halstead

0161 767 2500

Mark Halstead, Chief Executive

Gordon Oliver, Finance Director

Hudson Sandler

020 7796 4133

Nick Lyon

Altium

020 7484 4040

Ben Thorne

 

Arden Partners

Chris Hardie

 

 

 

020 7614 5900

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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1st Feb 20217:00 amRNSTrading Update
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