James Halstead is a manufacturer and international distributor of commercial floor coverings. The group has this morning provided an update to coincide with its AGM, pointing to continued robust demand in the commercial flooring market. Set against this, cost pressures continue, most notably in energy at the group's production facilities, while strike action at Radcliffe reduced production by an estimated eight weeks. On the back of the update, we have nudged our 2-year earnings expectations low ....
