James Halstead is a manufacturer and international distributor of commercial floor coverings. This morning the group has released interim results to 31 December 2023, reporting a mixed market backdrop leading to a 9% reduction in revenue more than offset by a strong margin performance, resulting in an 18% rise in PBT and 12% increase in EPS, while the proposed dividend has increased by 11%. Positive demand in smaller growth markets such as South America and the Middle East (revenue +36% and +26% ....
27 Mar 2024
James Halstead - Interim results: Forecasts raised on strong margin performance
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James Halstead - Interim results: Forecasts raised on strong margin performance
James Halstead plc (JHD:LON) | 202 0 0.0% | Mkt Cap: 846.2m
- Published:
27 Mar 2024 -
Author:
John Cummins | Charlie Cullen -
Pages:
4
James Halstead is a manufacturer and international distributor of commercial floor coverings. This morning the group has released interim results to 31 December 2023, reporting a mixed market backdrop leading to a 9% reduction in revenue more than offset by a strong margin performance, resulting in an 18% rise in PBT and 12% increase in EPS, while the proposed dividend has increased by 11%. Positive demand in smaller growth markets such as South America and the Middle East (revenue +36% and +26% ....