James Halstead forecasts record annual profit
5th Dec 2014 08:13
Commercial flooring company James Halstead forecast record annual profit following higher turnover in UK and overseas markets. The company said that at five months into the new financial year, turnover was 5% higher than at the same time last year. Chairman Geoffrey Halstead said: "It is gratifying
Read moreShares in James Halstead fall following trading update
7th Dec 2012 15:33
Shares in AIM-listed flooring company James Halstead fell 5.75 per cent to 598p on Friday afteroon following a trading update published ahead of its annual general meeting. Geoffrey Halstead, Chairman of the company, gave an update on trading five months into the company's current financial year, r
Read moreSector movers: Construction stocks dented by macro concerns
7th Nov 2012 14:42
Construction and materials stocks were the worst performing stocks on Wednesday with blue-chip constituent CRH among the heaviest fallers. After a strong performance in morning trade, UK stock markets swung into the red after the European Commission at noon cut its forecasts for gross domestic prod
Read moreJames Halstead set for another record year
30th Jul 2012 08:25
Shares of commercial flooring manufacturer and distributor James Halstead rose sharply after it reported a solid first half with record revenue and profit. In an update ahead of its results for the year to 30 June 2012, chairman Geoffrey Halstead said the group was confident its performance would c
Read moreHigh ceiling for James Halstead profits
29th Mar 2012 15:08
International sales helped lift flooring firm James Halstead to record revenues in the half year to December 31st. Trading over the first half produced revenues of £117.7m, an increase of 10.9% over the same period the year before. Overseas sales increased by 15.2%. The growth in Germany was over
Read moreSector movers: Lafarge boosts demand for UK construction stocks
17th Feb 2012 16:28
Better-than-expected results from French cement maker Lafarge provided a lift to the UK construction and materials sector on Friday, with constituents finishing the day up an average 4.24%. Shares in Lafarge surged 8.26% in Paris today after reporting a forecast-beating fourth quarter operating pro
Read moreYoung & Co's retail director sells more than just a few pints
6th Dec 2011 15:57
Patrick Dardis, the retail director at Young & Co's Brewery, can afford to buy more than a round of drinks after selling £29,995-worth of shares. Dardis, who joined the AIM-50 listed firm in 2002, sold off 4,411 shares at 680.00p each, less than two weeks after Young & Co.'s said it has made a ver
Read moreJames 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
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