James Halstead has released a solid pre-close trading update ahead of its full year results. Sales for the year are ahead of the prior year despite somewhat difficult trading conditions with the Company highlighting good UK growth of 3% for the year, even with negative headlines around high street retail and cutbacks in expenditure. We expect underlying organic growth overall was at a similar level to the UK. Sales also benefited from the slightly stronger Euro Year-on-Year.
25 Jul 2018
Solid Pre-close Trading Statement
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Solid Pre-close Trading Statement
James Halstead plc (JHD:LON) | 202 0 0.0% | Mkt Cap: 846.2m
- Published:
25 Jul 2018 -
Author:
Andrew Simms -
Pages:
2
James Halstead has released a solid pre-close trading update ahead of its full year results. Sales for the year are ahead of the prior year despite somewhat difficult trading conditions with the Company highlighting good UK growth of 3% for the year, even with negative headlines around high street retail and cutbacks in expenditure. We expect underlying organic growth overall was at a similar level to the UK. Sales also benefited from the slightly stronger Euro Year-on-Year.