Make your money go further for just 25p per day

James Halstead: confident of meeting market expectations – of course!

05/08/2009 · James Halstead (JHD) 

James Halstead, the AIM quoted manufacturer of commercial flooring, and one of our AIM favourites, issued ‘the usual’ confident trading update recently reaffirming that they were ‘fully confident of meeting market expectations for the full year’, despite challenging market conditions in the UK which represents approx 40% of total sales.

Over the last six months they have seen a number of school, hospital and UK government PFI projects being delayed or deferred and there has been a slowdown in sales. Thankfully they have continued to experience good growth in many overseas markets including Germany, the group’s largest overseas market.

Although sales prices are under pressure, with softer raw material prices and energy costs margins have been maintained. In addition, the performance of outsourced flooring…

Sign up and read the full article

Register to continue reading our content.

Get FREE access now

Already a member? Login


Previous article Next article

DON'T MISS OUT!

Get top investment ideas to help safeguard and grow your wealth.

Invaluable insight from the exciting world of smaller companies.

REGISTER FREE

DON'T MISS OUT ON OUR PREMIUM CONTENT

Become a champion investor for just £90 a year. Benefit from our high performing portfolios:

START FREE TRIAL

More on James Halstead

Big share price move | Cyber impact | Wine wonders

28/03/2025 · Company Insights

Selling wine online has been fraught with problems following the brief lock-down boom. But both AIM’s…


Episode 37 of the Investor’s Champion Podcast

19/10/2024 · Podcasts

In this episode of the Investors Champion Podcast, hosts Lee and Chris delve into the world…


More Company Insights

Bonkers Bargains: reset is starting to deliver

02/04/2025 · Argentex Group PLC

Sign-up to our free email updates

SIGN UP