Coronavirus impact: 30 July - compelling value from several areas
Results and updates aplenty, including news from an installer and manager of smart meters and carbon reduction assets which looks compelling value in this data obsessed world
James Halstead: healthcare boostCommercial flooring manufacturer James Halstead’s (LON:JHD) primary concern was cash flow when the world went into lockdown, but thankfully cash generation has turned out to be better than anticipated with cash at 30 June 2020 slightly ahead of the levels at 31 December 2019. In terms of overall turnover, during the period April to June they averaged just over 70% of the prior year with profit before tax just under 50% of the prior year comparative. Health and medical research sectors normally represent around 30% of sheet vinyl sales but from April to June it was much…