Overview. Final results reflect a resilient performance against the background of headwinds from FX and challenging markets, with revenues down 0.5% to £226.1m (+2% constant FX) and profits before tax up 3% to £45.5m (Arden forecast: £46.5m). Cash generation remained very strong and the net cash at the year-end was £43.9m. The final dividend was increased 8.2% to 8.5p, leaving the full year dividend up 9.1% at 12.0p.
03 Oct 2016
Finals – Resilient performance in challenging markets
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Finals – Resilient performance in challenging markets
James Halstead plc (JHD:LON) | 205 -12.3 (-2.9%) | Mkt Cap: 860.9m
- Published:
03 Oct 2016 -
Author:
Chris Thomas -
Pages:
3
Overview. Final results reflect a resilient performance against the background of headwinds from FX and challenging markets, with revenues down 0.5% to £226.1m (+2% constant FX) and profits before tax up 3% to £45.5m (Arden forecast: £46.5m). Cash generation remained very strong and the net cash at the year-end was £43.9m. The final dividend was increased 8.2% to 8.5p, leaving the full year dividend up 9.1% at 12.0p.