Flooring delights | Value in video gaming
News covered here include trading updates from two of AIM’s larger companies, both from the flooring sector, although they have little else in common, as you can discover in our update here. An update from a large provider of services to the video game sector didn’t go down well, although the shares look interesting value to us. Read on here for this and other news (Free to read)
James Halstead is steady as ever James Halstead (AIM:JHD), the commercial flooring manufacturer and distributor, reassured that it is trading in-line with expectations for its year ended 30 June 2023. The earlier months of the financial year brought escalating energy costs and increased transportation costs, however, the latter months of the year were much more positive, with a reversal of these problems. Sales demand has, on the whole, proved positive with the UK, the Americas, Australia, New Zealand and Malaysia all reporting increased demand, although Central Europe sales were lower than last year. Gross margins improved and were also helped…