Headlam confident in strength amid Brexit headwinds
16th Jan 2019 10:36
(Sharecast News) - Floorcoverings distributor Headlam Group updated the market on the 12 months ended 31 December on Wednesday, reporting that despite the UK market weakness that was evident throughout 2018, it expected to report final results for the year marginally ahead of 2017, and in-line with market expectations.
Read morePeel Hunt downgrades Headlam to 'hold'
21st Dec 2018 14:02
(Sharecast News) - Analysts at Peel Hunt downgraded floor coverings distributor Headlam to 'hold' from its previous 'buy' rating on Friday, citing a cautious view on the firm's outlook.
Read moreFriday broker round-up
21st Dec 2018 11:54
(Sharecast News) - Dechra Pharmaceuticals: Numis upgrades to add with a target price of 2,525p.
Read moreHeadlam sees full-year results at lower end of market expectations
22nd Aug 2018 10:57
(Sharecast News) - Floor coverings distributor Headlam said on Wednesday that its full-year results will be towards the lower end of current market expectations amid weakness in the UK floor covering market, as it posted a drop in interim like-for-like sales.
Read moreDirectors' dealings: Headlam's new chief splashes out
15th Sep 2016 15:40
(ShareCast News) - Fresh from his promotion to head up the flooring company, Headlam Group's new chief executive Steve Wilson has shown his confidence in the company with the purchase of more than £223,000 of shares. On Wednesday, after the FTSE Smallcap-listed group announced that long-time finance
Read moreHeadlam appoints Steve Wilson as CEO
14th Sep 2016 12:44
(ShareCast News) - Floorcoverings distributor Headlam appointed Steve Wilson chief executive on Wednesday, with immediate effect. Wilson, who had been group finance director since 1991, replaced Tony Brewer who stepped down after 16 years. The Birmingham-based company said Wilson brings "not onl
Read moreHeadlam sales unaffected by price hikes post Brexit
24th Aug 2016 16:20
(ShareCast News) - The Headlam Group, a floor-covering distributor, have reported a rise in earnings despite being forced to hike prices following the aftermath of Brexit. With most of their carpets being imported from Belgium, currency fluctuations post-Brexit had a significant impact on the firm's
Read moreHeadlam's operating margin shows signs of improvement
20th May 2016 13:00
(ShareCast News) - Shares in floor-coverings distributor Headlam trudged higher after it said group revenue growth so far in 2016 had fed through to help its operating margin show signs of improvement. Group revenue was up 4.5% in the four months to 30 April, with the like-for-like contribution from
Read moreHeadlam Group posts 15% rise in first half profit, shares rise
24th Aug 2015 11:54
(ShareCast News) - Shares in Headlam Group were up after the floor coverings distributor posted a 15% rise in first half profits. At 1126 BST shares in the London listed company were up by 3.59%. Headlam posted a pre-tax profit of £12.3m, up from £10.6m, on revenues up 4% to £313.5m from £301.6m.
Read moreSector movers: Redrow and Reckitt give household sector a lift
11th Feb 2015 14:51
Well-received results from builder Redrow and consumer products group Reckitt Benckiser meant the household goods and home construction sector was the best performer in London on Wednesday. Redrow's share price had surged over 12% to 333p by the afternoon session after the company impressed with a s
Read moreHeadlam buys Fell's Carpets
2nd Dec 2013 07:17
Floor covering distributor Headlam Group has bought the business and certain assets of Roger Fell Ltd, trading as Fell's Carpets, for 1.45m pounds. Yorkshire-based Fell's Carpets distributes household floor coverings to independent floorcovering retailers throughout northern England. Revenue fo
Read moreHeadlam reports profits decline as Chairman retires
30th Aug 2013 08:13
Carpet distributor Headlam accompanied half-year figures showing a 10 per cent drop in profits with news that Chairman Graham Waldron was retiring after 22 years as a director. Waldron will be succeeded by Dick Peters who has been Non-Executive Director for seven and a half years. The management
Read moreHeadlam issues profit warning
8th Jul 2013 10:12
Floorcoverings group Headlam warned that first half earnings will be 10 per cent lower than last year, as difficult markets persisted, and believes it is unlikely it will meet full year company expectations. "Floorcovering markets both in the UK and on the Continent have remained difficult and, in
Read moreHeadlam buys up Welsh brand Flooring Accessories
3rd Sep 2012 09:42
Headlam, a Europe wide floor coverings distributor, has bought up Welsh outfit Flooring Accessories. Flooring Accessories, based in Cardiff, is a distributor of residential and commercial floor covering, principally in south Wales. Revenue for the year ended July 31st was £2,180,000. Headlam wi
Read moreHeadlam boasts strong results
9th Mar 2012 12:12
Floor coverings distributor Headlam Group has reported a rise in revenue, operating profit and pre-tax profit for the full year ended December 31st. Revenue rose 6.4%, from £535.7m to £569.8m, while operating profit gained £2m to £28m. Pre-tax profit increased from £25m to £27.6m. Earnings per sha
Read more