TIDMHEAD

RNS Number : 3058E

Headlam Group PLC

05 November 2020

5 November 2020

Headlam Group plc

('Headlam' or the 'Company')

COVID-19 Operational Update

Continuation of operations throughout lockdown period in England

Headlam Group plc (LSE: HEAD), Europe's leading floorcoverings distributor, confirms that its operations will remain open for the duration of the lockdown period in England which came into effect today following the passing of legislation by UK Parliament, and which ceases on 2 December 2020.

The Company intends to continue operating from all its sites, providing a nation-wide delivery service, collection service from its trade counter network, and ongoing customer support while prioritising the safety and protection of its people, customers and necessary visitors to site.

All customer orders currently being processed will be fulfilled as normal and, to satisfy customer requirements in-line with normal seasonal demand, the Company anticipates continuing to purchase product and increase availability throughout the period.

The Company will closely monitor all UK Government guidance and provide any updates as and when appropriate.

The Company will provide an update on recent trading on Thursday, 19 November 2020.

Enquiries:

 
 Headlam Group plc                  Tel: 01675 433 000 
  Steve Wilson, Chief Executive      Email: headlamgroup@headlam.com 
  Chris Payne, Chief Financial 
  Officer 
  Catherine Miles, Director of 
  Communications 
 Investec Bank plc (Corporate       Tel: 020 7597 5970 
  Broker) 
  David Flin / Alex Wright 
 
 Panmure Gordon (UK) Limited        Tel: 020 7886 2500 
  (Corporate Broker) 
  Erik Anderson / Dominic Morley 
  / Ailsa Macmaster 
 
   Alma PR (Financial PR)             Tel: 020 3405 0205 
   Rebecca Sanders-Hewett / Susie     Headlam@almapr.co.uk 
   Hudson / Harriet Jackson

Notes for Editors:

Operating for 28 years, Headlam is Europe's leading floorcoverings distributor.

Headlam provides the distribution channel between suppliers and trade customers of floorcoverings. Working in partnership with suppliers across the globe manufacturing a diverse range of floorcovering products and ancillary accessories, Headlam provides an unparalleled route to market for their products across the UK and certain Continental European territories.

The utilisation of an outsourced distribution channel enables manufacturers to focus on their core activities, incur reduced costs associated with distribution, and benefit from localised sales, marketing and distribution expertise that provides a more effective and greater route to market for their products.

To maximize customer and market penetration, and reflecting the regionalised nature of the marketplace, Headlam comprises 67 individual businesses in the UK and Continental Europe (France, the Netherlands and Switzerland) each operating under their own unique trade brand and utilising individual sales teams.

Headlam's extensive customer base, operating within both the residential and commercial sectors and comprising principally independent retailers and flooring contractors, receives the broadest product offering supported by next day delivery as well as additional marketing and other support.

Headlam's offering is enabled through its unrivalled operating expertise, long-established supplier and customer relationships, and comprehensive distribution network. Following years of considerable investment, Headlam's distribution network currently comprises four national distribution hubs, 19 regional distribution centres and a supporting network of smaller warehouse premises, trade counters, showrooms and specification centres.

In 2019, Headlam worked with 190 suppliers from 19 countries and fulfilled 5.3 million customer orders.

www.headlam.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

UPDFLFLTLALSIII

(END) Dow Jones Newswires

November 05, 2020 02:00 ET (07:00 GMT)

Headlam (LSE:HEAD)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Headlam Charts.
Headlam (LSE:HEAD)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Headlam Charts.