James Halstead, a manufacturer and international distributor of commercial floor coverings, has provided a pre-close trading update for the year to 30 June 2025 this morning, with revenues and PBT expected to be marginally behind FY24 following a subdued demand in certain key export markets and leading us to reduce our FY25 EPS expectation by 4%. Performance in the UK, Halstead’s largest market, was positive in the period despite weaker public sector volumes than anticipated, but more than rever ....
