James Halstead (JHD)

Sector:

Construction and Building Materials

Index:

FTSE AIM 50

196.50p
   
  • Change Today:
      0.50p
  • 52 Week High: 225.00
  • 52 Week Low: 179.50
  • Currency: UK Pounds
  • Shares Issued: 416.74m
  • Volume: 70,767
  • Market Cap: £818.90m
  • RiskGrade: 131

Revenue, earnings per share tick higher for James Halstead

By Josh White

Date: Monday 02 Oct 2023

LONDON (ShareCast) - (Sharecast News) - Commercial flooring manufacturer and distributor James Halstead reported a 4% rise in revenue in its preliminary results on Monday, to £303.6m.
The AIM-traded firm said its profit before tax remained unchanged for the 12 months ended 30 June at £52.1m.

However, profit after tax increased 5.1%, reaching £42.4m in contrast to the £40.3m reported in the prior year.

Earnings per ordinary share showed an enhancement of 5.2% to 10.2p, as the board proposed a final dividend per share of 5.75p, up 4.5% from the 5.5p distributed in the previous year.

Additionally, the company's cash reserves swelled by over £11m, recording a sum of £63.2m at year-end, compared to £52.1m in 2022.

"Against a challenging backdrop, I am pleased to announce a very respectable performance across the group and another record sales performance," said chief executive officer Mark Halstead.

"Good demand across a number of our key markets has continued to drive the positive top line.

"Consequently, we are also pleased to report a record level of profit and record earnings per share, creating even more value for our shareholders."

Halstead said the company continued to invest in driving process improvement and developing its product offering, intending to improve output efficiency.

"It is this approach and our tested business model which position us resiliently in the inflationary environment that has been seen across global markets.

"We ended the year with a robust balance sheet and in a position to propose a record dividend to our shareholders.

"Whilst inflationary issues and spending constraints remain, I and the board remain confident in the group's progress going forward and look ahead to the future with confidence."

At 1154 BST, shares in James Halstead were up 1.51% at 210.12p.

Reporting by Josh White for Sharecast.com.

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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.

 

James Halstead Market Data

Currency UK Pounds
Share Price 196.50p
Change Today 0.50p
% Change 0.26 %
52 Week High 225.00
52 Week Low 179.50
Volume 70,767
Shares Issued 416.74m
Market Cap £818.90m
RiskGrade 131

James Halstead Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
90.7% below the market average90.7% below the market average90.7% below the market average90.7% below the market average90.7% below the market average
94.74% below the sector average94.74% below the sector average94.74% below the sector average94.74% below the sector average94.74% below the sector average
Price Trend
11.25% below the market average11.25% below the market average11.25% below the market average11.25% below the market average11.25% below the market average
12.2% below the sector average12.2% below the sector average12.2% below the sector average12.2% below the sector average12.2% below the sector average
Income
13.17% above the market average13.17% above the market average13.17% above the market average13.17% above the market average13.17% above the market average
37.5% below the sector average37.5% below the sector average37.5% below the sector average37.5% below the sector average37.5% below the sector average
Growth
71.49% below the market average71.49% below the market average71.49% below the market average71.49% below the market average71.49% below the market average
90.24% below the sector average90.24% below the sector average90.24% below the sector average90.24% below the sector average90.24% below the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 1
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 16-Nov-23 11-May-23
Paid 15-Dec-23 09-Jun-23
Amount 5.75p 2.25p

Trades for 28-Feb-2024

Time Volume / Share Price
16:35 2,113 @ 196.50p
16:35 97 @ 196.50p
16:35 23 @ 196.50p
16:35 210 @ 196.50p
16:35 48 @ 196.50p

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