22 March 2019
Headlam Group plc
('Headlam' or the 'Company')
Annual Report and Accounts and Notice of Annual General Meeting
Headlam Group plc (LSE: HEAD), Europe's leading distributor of floorcoverings, announces that, further to its final results announcement on 6 March 2019, it has today published its Annual Report and Accounts for the year ended 31 December 2018 ('Annual Report').
The Annual Report and a separate Notice of Annual General Meeting have been posted to shareholders who have requested a printed copy, and are available on the Company's website www.headlam.com. In accordance with Listing Rule 9.6.1, a copy of each document has been submitted to the National Storage Mechanism ('NSM') and will shortly be available to view at www.morningstar.co.uk/uk/NSM.
The Company will hold its Annual General Meeting at 10.00 am on Friday, 24 May 2019 at its head office at Gorsey Lane, Coleshill, Birmingham B46 1JU.
Enquiries:
Headlam Group plc |
Tel: 01675 433 000 |
Steve Wilson, Chief Executive Catherine Miles, Director of Communications |
Email: headlamgroup@headlam.com |
Investec Bank plc (Corporate Broker) |
Tel: 020 7597 5970 |
David Flin / Alex Wright |
|
Panmure Gordon (UK) Limited (Corporate Broker) |
Tel: 020 7886 2500 |
Erik Anderson / Dominic Morley / Ailsa MacMaster |
|
Buchanan (Financial PR and IR) |
Tel: 020 7466 5000 |
Mark Court / Sophie Wills / Catriona Flint |
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Notes for Editors:
Operating for 26 years and employing over 2,600 people, Headlam is Europe's leading distributor of floorcoverings.
Headlam provides the distribution channel between suppliers and trade customers of floorcoverings. Working in partnership with suppliers from 22 countries 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, 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 2018, Headlam worked with 199 suppliers and fulfilled over 5.3 million customer orders.