James Halstead, the UKs largest commercial flooring manufacture, has issued a “steady as you go” pre close update, covering the 12-months to Jun-17. Overall the tone is balanced: UK markets tough, raw material costs up offset by positive trading overseas. Despite these challenges in its home market, James Halstead is set to report “record turnover and profits for the year to 30th June”.

01 Aug 2017
Panmure Morning Note 01-08-2017

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Panmure Morning Note 01-08-2017
James Halstead plc (JHD:LON) | 141 -0.7 (-0.4%) | Mkt Cap: 592.2m
- Published:
01 Aug 2017 -
Author:
Adrian Kearsey -
Pages:
4 -
James Halstead, the UKs largest commercial flooring manufacture, has issued a “steady as you go” pre close update, covering the 12-months to Jun-17. Overall the tone is balanced: UK markets tough, raw material costs up offset by positive trading overseas. Despite these challenges in its home market, James Halstead is set to report “record turnover and profits for the year to 30th June”.