Against a challenging market backdrop in 2025, James Halstead still delivered a strong performance for the year, with near-record levels of PBT in FY25A, consolidating market shares in its core markets, and maintaining an unbroken run of 49 years of dividend increases. As we look forward for 2026, we continue to view Halstead as well positioned to outperform forecasts as markets recover, with the shares’ relatively weak performance in 2025 presenting a buying opportunity - JHD now trades on a P/ ....
