James Halstead (JHD)

Sector:

Construction and Building Materials

Index:

FTSE AIM 50

166.50p
   
  • Change Today:
      0.50p
  • 52 Week High: 210.00p
  • 52 Week Low: 165.50p
  • Currency: UK Pounds
  • Shares Issued: 416.74m
  • Volume: 202,753
  • Market Cap: £693.88m
  • RiskGrade: 131
  • Beta: 0.02

James Halstead profits rise despite demand "softening" in Europe

By Benjamin Chiou

Date: Wednesday 31 Jan 2024

LONDON (ShareCast) - (Sharecast News) - Commercial flooring manufacturer and distributor James Halstead has said it expects profits to grow by up to a fifth in the first half despite some challenging conditions.
In a brief trading update on Wednesday ahead of its interim results due at the end of March, the company said that it had seen some "softening of sales demand" in certain European markets.

The revelation follows comments from chair Anthony Wild during December's AGM who noted "strong competition" across the group's major markets.

Nevertheless, the company said that profits in the six months to 31 December should be 15-20% ahead of the previous year.

"The board's expectations for the full year remain positive and for continued progress on dividend distributions," the company said.

Shares were down 0.8% at 200.3p by 0929 GMT.

Email this article to a friend

or share it with one of these popular networks:


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.

 

James Halstead Market Data

Currency UK Pounds
Share Price 166.50p
Change Today 0.50p
% Change 0.30 %
52 Week High 210.00p
52 Week Low 165.50p
Volume 202,753
Shares Issued 416.74m
Market Cap £693.88m
Beta 0.02
RiskGrade 131

James Halstead Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
31.78% below the market average31.78% below the market average31.78% below the market average31.78% below the market average31.78% below the market average
63.16% below the sector average63.16% below the sector average63.16% below the sector average63.16% below the sector average63.16% below the sector average
Price Trend
32.92% below the market average32.92% below the market average32.92% below the market average32.92% below the market average32.92% below the market average
38.46% below the sector average38.46% below the sector average38.46% below the sector average38.46% below the sector average38.46% below the sector average
Income
60.33% above the market average60.33% above the market average60.33% above the market average60.33% above the market average60.33% above the market average
57.14% above the sector average57.14% above the sector average57.14% above the sector average57.14% above the sector average57.14% above the sector average
Growth
72.42% below the market average72.42% below the market average72.42% below the market average72.42% below the market average72.42% below the market average
77.78% below the sector average77.78% below the sector average77.78% below the sector average77.78% below the sector average77.78% below the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

James Halstead Dividends

  Latest Previous
  Final Interim
Ex-Div 14-Nov-24 16-May-24
Paid 13-Dec-24 14-Jun-24
Amount 6.00p 2.50p

Trades for 14-Feb-2025

Time Volume / Share Price
15:36 33,871 @ 166.50p
16:35 31,366 @ 166.50p
16:35 990 @ 166.50p
16:35 93 @ 166.50p
16:35 227 @ 166.50p

James Halstead Key Personnel

CEO Gordon Oliver

Top of Page