Headlam Group (HEAD)

Sector:

Household Goods

Index:

FTSE Small Cap

102.00p
   
  • Change Today:
    -0.50p
  • 52 Week High: 186.00p
  • 52 Week Low: 102.00p
  • Currency: UK Pounds
  • Shares Issued: 80.83m
  • Volume: 107,103
  • Market Cap: £82.45m
  • RiskGrade: 210
  • Beta: 0.01

Headlam trading in line as it swings to profit

By Sean Farrell

Date: Thursday 02 Sep 2021

LONDON (ShareCast) - (Sharecast News) - Headlam said it was trading in line with expectations as the flooring supplier swung to a first-half profit and declared an interim dividend.
Pretax profit for the six months to the end of June was £14m compared with a £24.5m loss a year earlier as revenue increased 45% to £329.9m to approach the £335m recorded in the first half of 2019.

Headlam proposed an interim dividend of 5.8p a share as it resumed paying out to shareholders based on earnings after scrapping the dividend in the crisis.

After a slow start to 2021, business picked up driven by residential sales, which rose 4.7% from 2019. Commercial revenue fell 12.8% from two years earlier though commercial revenue picked up as the half progressed.

Headlam predicted annual results well ahead of expectations in July and said it was trading in line with that increased guidance.

Steve Wilson, Headlam's chief executive, said: "The pleasing performance in the period demonstrates a strong and sustained recovery following the initial impact of Covid-19 , with the company operating effectively throughout despite further lockdowns at the start of the year.

"As a consequence of this performance, along with balance sheet strength and confidence in the prospects for the business, we have returned to a normal dividend profile more rapidly than initially anticipated."

Headlam shares, up almost 40% in 2021, fell 3.4% to 496.5p at 11:36 BST.





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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Headlam Group Market Data

Currency UK Pounds
Share Price 102.00p
Change Today -0.50p
% Change -0.49 %
52 Week High 186.00p
52 Week Low 102.00p
Volume 107,103
Shares Issued 80.83m
Market Cap £82.45m
Beta 0.01
RiskGrade 210

Headlam Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
64.47% above the market average64.47% above the market average64.47% above the market average64.47% above the market average64.47% above the market average
14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average
Price Trend
76.93% below the market average76.93% below the market average76.93% below the market average76.93% below the market average76.93% below the market average
56.52% below the sector average56.52% below the sector average56.52% below the sector average56.52% below the sector average56.52% below the sector average
Income Not Available
Growth
92.28% below the market average92.28% below the market average92.28% below the market average92.28% below the market average92.28% below the market average
71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 1
Sell 0
Strong Sell 0
Total 3
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Headlam Group Dividends

  Latest Previous
  Final Interim
Ex-Div 09-May-24 26-Oct-23
Paid 07-Jun-24 28-Nov-23
Amount 6.00p 4.00p

Trades for 14-Mar-2025

Time Volume / Share Price
14:31 1,743 @ 102.36p
14:03 25,000 @ 102.00p
10:44 37,415 @ 102.00p
10:40 37,415 @ 102.00p
11:23 800 @ 102.08p

Headlam Group Key Personnel

CEO Chris Payne
Chair Stephen Bird

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