James Halstead, the international vinyl flooring manufacturer, has delivered a solid set of interim results. FY16 has clearly started well, with revenues +2.9% (CFX basis). Margins also continue to trend higher (+186 basis points). Activity in the UK has recently softened but remains firm in most overseas territories and we are leaving our FY16 forecasts unchanged: PBT £45.4m, EPS 16.4 pence.

31 Mar 2016
Interim results

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Interim results
James Halstead plc (JHD:LON) | 159 2.4 0.9% | Mkt Cap: 667.8m
- Published:
31 Mar 2016 -
Author:
Adrian Kearsey -
Pages:
8 -
James Halstead, the international vinyl flooring manufacturer, has delivered a solid set of interim results. FY16 has clearly started well, with revenues +2.9% (CFX basis). Margins also continue to trend higher (+186 basis points). Activity in the UK has recently softened but remains firm in most overseas territories and we are leaving our FY16 forecasts unchanged: PBT £45.4m, EPS 16.4 pence.