James Halstead PLC Pre Close Trading Statement (5371N)
February 01 2016 - 1:00AM
UK Regulatory
TIDMJHD
RNS Number : 5371N
James Halstead PLC
01 February 2016
1 February 2016
JAMES HALSTEAD PLC
Pre Close Trading Statement
James Halstead plc, the commercial flooring manufacturer and
distributor, is providing the following trading update ahead of its
interim results for the half-year to 31(st) December 2015.
In his AGM trading update, on 27 November 2015, Mr. Geoffrey
Halstead noted that he had every expectation of progress in terms
of profit despite the adverse effects of exchange rates.
Turnover has increased in each of the company's major markets on
a constant currency basis though the translation of exports to
sterling is against an adverse effect of 10-15%. Nevertheless the
profit for the first 6 months trading is ahead of last year and in
line with the board's expectations.
Confidence in the full year is unchanged and remains
positive.
Enquiries:
James Halstead 0161 767 2500
Mark Halstead, Chief
Executive
Gordon Oliver, Finance
Director
Hudson Sandler 020 7796 4133
Nick Lyon
Panmure Gordon (Nomad
and Joint Broker) 020 7886 2500
Ben Thorne
Andrew Potts
Arden Partners (Joint
Broker)
Chris Hardie 020 7614 5900
This information is provided by RNS
The company news service from the London Stock Exchange
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February 01, 2016 02:00 ET (07:00 GMT)