Headlam 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 moreWednesday tips round-up: Johnson Matthey, Smiths Group, Headlam...
20th Jul 2011 06:49
Johnson Matthey's investors have become accustomed to the company making all the right noises when it updates the market. And yesterday it did not disappoint, writes the Independent. The speciality chemicals operation, which refines platinum and is the world's biggest maker of catalytic converters,
Read moreHeadlam sees strong UK performance
18th May 2011 14:48
Floorcoverings distributor Headlam Group saw revenue increase by 3.9% in the four months ended 30 April, as a poor performance in Europe was offset by strong growth in the UK. UK revenue grew by 5.8%, with the underlying like-for-like performance improving by 8.2%, while revenues from the Continent
Read morePearson's Penguin boss picks up £2.2m
8th Apr 2011 16:24
John Makinson, a director at the publisher Pearson and chairman and chief executive of its book publishing arm Penguin, has pocketed £2.2m from the sale of shares in the company. He sold 200,000 Pearson shares at 1,106p a time leaving him with 402,815 shares. Makinson was finance director of Pears
Read moreLondon close: Japan gloom stifles rally
11th Mar 2011 16:41
The devastating earthquake in Japan this morning overshadowed today's trading but shares struggled to climb into the blue and finished just a few points short. The tsunami resulting from the earthquake has already killed a large number of people in Japan, with police in the port of Sendai reporting
Read moreLondon afternoon: Rally runs out of steam
11th Mar 2011 14:29
An attempt at continuing the late-morning rally fizzled out over the lunch time session, but prices are not as soft as might be expected given the array of bad news out there, such as the Japanese earthquake, the Libyan situation and the continuing concerns about European sovereign debt. The insura
Read moreLondon midday: Japan earthquake casts shadow
11th Mar 2011 12:21
The earthquake in Japan is casting a shadow over trading today and the FTSE 100 sits just a few points above 5,800 now. The insurance sector has been hit by worries over the possible effects of the Japan earthquake. Aviva, Legal & General and Prudential are suffering losses. The damage caused by th
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