London 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
Read moreJames Halstead trading 'most heartening'
4th Dec 2009 08:00
Commercial flooring group James Halstead will pay another special dividend as most parts of the business have traded ahead of 2008's record levels in the first five months of the financial year. "The general economic climate continues to be fragile and spending patterns of end users appear cautious
Read moreDouglas sure about Shore
12th Oct 2009 17:18
Shares in stockbroker Shore Capital have almost tripled in value since April, but non-executive director Barclay Douglas thinks there's more to come. The accountant has spent £92,000 on 250,000 shares at 36.75p each. He now owns 1.25m shares, or half a per cent of the company. Shore received a sho
Read moreJames Halstead on track
29th Jul 2009 13:46
Commercial flooring group James Halstead said it is 'fully confident' of meeting market expectations for the full year despite challenging market conditions. In the UK, which represents around 40% of the group's sales, the last six months have seen a number of school, hospital and government PFI pr
Read more