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JAMES HALSTEAD (LON:JHD) Record breaking interims and “Steady progress in heavy seas

31/03/2010 · James Halstead (JHD) 

The AIM quoted manufacturer and international distributor of commercial floor coverings issued record breaking interim results.

Despite the testing environment revenue increased 6.3% to a record £92.1 million and operating profit increased 10.1% to a record £16.6 million.

Pre-tax profit increased 10.2% to a record £16.9 million and basic earnings per ordinary share increased 9.6% to a record 22.8p.

The interim dividend increased 10.3% to a record 8.0p.

The Group remained debt free (other than a small matter of a pension deficit) with cash on the balance sheet…

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