James Halstead says full-year sales to be marginally lower.
James Halstead said on Wednesday that full-year sales were expected to be marginally below the prior year, while profit was forecast to fall by around 10% to 15% as weaker demand for luxury vinyl tile and higher input costs weighed on performance.
James Halstead
22 July 2026 14:50:46
Source: Sharecast
The AIM-traded flooring manufacturer absorbed part of the supplier surcharges triggered by the Iran conflict to protect customers and support volumes, while maintaining an ungeared balance sheet.
UK sales increased modestly, helped by strong trading in June, while revenue in the Middle East rose 54% and South Africa grew 25%.
Trading in Europe remained subdued, particularly in France and the Netherlands, although the company said its medium-term prospects remained solid and expects to publish full-year results towards the end of September.
At 1433 BST, shares in James Halstead were down 4.44% at 120.4p.
Reporting by Josh White for Sharecast.com.
See latest RNS on Investegate
N/A
ISIN:
N/A
Exchange: N/A
Sell:
N/A
Buy:
N/A
Change:
Date:
Prices delayed by at least 15 minutes
Compare our accounts
If you're looking to grow your money over the longer term (5+ years), we have a range of investment choices to help.
Halifax is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.
