A director at James Halstead maiden bought 14,363 shares at 139p and the significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clea...
James Halstead, a manufacturer and international distributor of commercial floor coverings, has provided interims results this morning for the period to 31 December 2024, which report a 4% improvement in PBT against a backdrop of challenging end markets. Revenues for the period were 5% below the prior period at £130.1m (H1 2024: £136.5m), reflecting mixed end markets, with the UK broadly flat on H1 24, weakness in Central Europe and Australia, partially offset by good performances in North Ameri...
James Halstead, a manufacturer and international distributor of commercial floor coverings, has provided an H1 trading update for the period to 31 December 2024, which illustrates a resilient performance against continued headwinds in a number of markets. Revenues for the period are expected to be slightly below the prior year (H1 2024: £136.5m), with strong margins delivering PBT at a “comparable” level (H1 2024: £27.4m) and on track to meet market expectations for the full year. With mixed dem...
James Halstead has this morning provided a brief AGM update, pointing to trading since the beginning of the current financial year in line with expectations and with cash generation continuing to be positive. While the wider market backdrop remains challenging, particularly within the domestic segment, JHD reports positive demand in public sector end-markets, particularly in healthcare, education, and aged care. The final dividend of 6.0p takes the total dividend for the year to 8.5p, the 48th y...
James Halstead, a manufacturer and international distributor of commercial floor coverings, has this morning announced positive FY24 results, which illustrate a strong margin performance against a wider challenging backdrop for flooring demand. Revenues of £275m (Zeus est. £285m) decreased 9.4% YoY, primarily driven by weaker underlying demand in a number of regions and wider destocking at certain distributors. Despite this, the group made strong progress on gross margins (+603bp to 44.1%), refl...
Monthly sector update August has been a quiet month for industry newsflow as companies gear up for half year announcements and markets await commentary on current trading and outlooks as we exit the summer period. On the macro data front, there has been positive movements on mortgage approvals with July seeing banks approve 62k mortgages, the highest since September 2022 as it closes in on the pre-pandemic average of c. 66k. Whilst consumer confidence was flat in August at -13, personal finance ...
Collectively, the Building Products and Construction sectors had a strong performance over July, no doubt supported by positive statements made from the newly appointed Labour government, continued expansion in Construction PMI and the highly anticipated 25bp interest rate cut.
James Halstead, a manufacturer and international distributor of commercial floor coverings, has this morning provided a trading update on the year ended 30 June 2024, reporting PBT in line with recently upgraded expectations. The business continues to benefit from its weighting towards commercial flooring markets, with healthcare, education and other institutional sectors reported to be performing markedly better than the domestic segment, notably within the UK and Europe. Record PBT is anticipa...
31 March 2023 @HybridanLLP Status of this Note and Disclaimer This document has been issued to you by Hybridan LLP for information purposes only and should not be construed in any circumstances as an offer to sell or solicitation of any offer to buy any security or other financial instrument, nor shall it, or the fact of its distribution, form the basis of, or be relied upon in connection with, any contract relating to such action. This document has no regard for the specific investment objectiv...
02 February 2023 @HybridanLLP Status of this Note and Disclaimer This document has been issued to you by Hybridan LLP for information purposes only and should not be construed in any circumstances as an offer to sell or solicitation of any offer to buy any security or other financial instrument, nor shall it, or the fact of its distribution, form the basis of, or be relied upon in connection with, any contract relating to such action. This document has no regard for the specific investment objec...
Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind...
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