James Halstead to buy back shares
14th Nov 2011 14:42
Flooring manufacturer James Halstead plans to buy back 2.5% of its shares in order to return £11m to its investors. The share buy-back will be performed by means of a tender offer, at a price not lower than 420p. The actual offer price will be at a 5% premium to the average closing middle market
Read moreJames Halstead confident after six month sucess
26th Jul 2011 10:07
James Halstead has announced that it is confident of reporting record profits after a period of robust trading. The commercial flooring manufacturer and distributor saw a 15.2% increase in revenue for the first half of the year, with chairman Geoffrey Halstead reporting confidence that the company
Read moreMajestic Wine finance boss exercises options
6th Jul 2011 17:23
Majestic Wine, which sells bottles of wine by the half dozen, announced today that its finance boss Nigel Alldritt exercised options to subscribe for 5,690 ordinary shares at an option price of 263.5p a share. Following the exercise of options, he has an interest in 75,000 Ordinary Shares, represe
Read moreTT Electronics chairman ups stake
15th Apr 2011 16:52
Sean Watson, chairman of TT Electronics, has upped his stake in the sensor and electronic component technology firm, buying a total of 12,550 shares for £29,221. In two separate transactions, Watson bought 7,550 shares at 166.5p per share and a further 10,000 at the same price, 5,000 of which were
Read moreExport market lifts James Halstead
31st Mar 2011 14:41
James Halstead posted a rise in profits in the year to 31 December as the floor coverings specialist benefited from strong export orders. Pre-tax profits climbed by 9.1% from the same period the previous year to £18.5m, on revenues that were up by 15.2% at £106.1m. Revenue in Britain "held up very
Read moreLondon close: FTSE 100 falls short despite recovery
31st Jan 2011 16:41
The FTSE 100 struggled all day to drag itself into the blue after an early slide, but remained slightly in negative territory at the close of trading. Travel companies were still friendless as investors fretted about civil unrest in the popular holiday destination of Egypt. Airline IAG, the former
Read moreLondon afternoon: Stocks back on an even keel
31st Jan 2011 14:46
Footsie is more or less back to square one after a lunchtime trading session which saw US oil giant Exxon announce better than expected fourth quarter figures. Travel companies are still friendless as investors fret about civil unrest in the popular holiday destination of Egypt. Airline IAG, the f
Read moreLondon midday: Rally falters as Egypt casts shadow
31st Jan 2011 12:17
The FTSE 100 has given up an attempt to haul itself into the blue and remains firmly in negative territory. The Egypt crisis is still casting a shadow, with the credit rating agency Moody's downgrade of the North African country adding to worries. Travel companies are bearing the brunt of the sell
Read moreLondon open: Egypt concerns unsettle blue chips
31st Jan 2011 08:54
Asian markets overnight were rattled by the weekend scenes of civil unrest in Egypt and this has put London's blue chips under pressure early on. Travel companies are bearing the brunt of the selling, Airline IAG, the former British Airways, TUI Travel and Intercontinental Hotels have all run into
Read moreRecord numbers for James Halstead
31st Jan 2011 08:00
James Halstead is in bullish mood as overseas trade helps the commercial floorcoverings supplier report record "bottom-line" results for the first half despite increasing raw material costs. Turnover for the six months to 31 December is up 14% as the positive trend continued into the final month of
Read moreJames Halstead prospers in tough floorings market
30th Sep 2010 14:50
Floorcoverings supplier James Halstead is raising its final dividend by 10% after reporting record revenues and profit in a declining market. Revenues increased from £169.3m to £186.4m in the year to June 2010, while pre-tax profit improved from £33m to £35.8m. Halstead has net cash of just over
Read moreHalstead wary on raw material costs
23rd Jul 2010 08:10
Floorings specialist James Halstead expects to hit market expectations this year, but warned of sharp rises in raw material costs, especially plastics and polymers where there are also supply problems. "Although we are pleased with the progress made in sales growth, we are experiencing raw material
Read moreJames Halstead Expects To Achieve Market Expectations For Full Year
23rd Jul 2010 07:25
LONDON (Dow Jones)--James Halstead PLC (JHD.LN), a manufacturer of commercial flooring, said Friday it expects to achieve market expectations for another record year for profits. MAIN FACTS: -Overseas sales have matched or exceeded expectations with increased global demand and the assistance
Read moreJames Halstead profits improve
25th Jan 2010 08:07
Commercial flooring group James Halstead continues to shrug off the effects of the recession, confirming that interim profit will increase and turnover is up 7%. 'In these challenging times, turnover and trading profit have continued to grow and will, in line with our expectations, be higher than t
Read moreOsmond increases Pearl stake
10th Dec 2009 16:35
Pearl Group director Hugh Osmond has invested nearly £119,000 on buying 13,550 shares. Specialist closed fund operator Pearl gained a secondary listing on the Main Market of the London Stock Exchange on 17 November. No new shares were issued but Pearl hopes to attract additional institutional invest
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