Pre Close Trading Statement

RNS Number : 5497D

James Halstead PLC

30 January 2015

 



30 January 2015

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 30 December 2014.

In his AGM trading update, on 5 December 2014, Mr. Geoffrey Halstead noted that he had every expectation of a record year in terms of turnover and profit.

At this stage, with turnover around 6% ahead of the comparative six months, it seems clear that the first half year is in line with the Chairman's expectations.

As a significant exporter the current weakness of the Euro is not helpful to our business but a stronger Sterling and the lower price of oil are compensatory in their effects on energy costs and raw material prices.

Confidence in the full year is unchanged and remains positive.

Mark Halstead

Chief Executive

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
Phil Adams Arden Partners         Chris Hardie	020 7614 5900

 

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