Business
Pre-close Trading Update
Pre-close Trading Update.
About this update from James Halstead Plc
[{"type":"text","content":"\n James Halstead PLC\n28 January 2008\n\n\n\n 28 January 2008\n\n\n James Halstead plc\n Pre-close Trading Statement\n\n\nJames Halstead plc, the commercial flooring manufacturer and distributor, is\nproviding the following trading update prior to entering the close period ahead\nof its interim results for the six months to 31 December 2007.\n\n\nJames Halstead will announce these results on 31 March 2008.\n\nThe confidence expressed by the Chairman, Mr Geoffrey Halstead, at the Annual\nGeneral Meeting, held on 7 December 2007, has been well founded. Turnover in the\nyear to 30 June 2007 was 13% ahead of the prior year and first half turnover, on\na like for like basis, has grown by at least this amount against the prior year\ncomparative. Both UK turnover and international sales are ahead with Central\nEuropean sales being particularly positive. The weakness of sterling has\nimproved several key market margins and has, to a significant extent, lessened\nthe effects of raw material and energy cost increases.\n\nThe growth in turnover will translate into profit growth which will be\ndemonstrated in the forthcoming interims.\n\n\nEnquiries:\n\nJames Halstead\nMark Halstead, Chief Executive Telephone : 0161 767 2500\nGordon Oliver, Finance Director\n\nHudson Sandler\nNick Lyon Telephone : 020 7796 4133\n\n\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange \n ","length":1803,"tagName":"div"}]