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Headlam ( (GB:HEAD) ) has issued an announcement.
Headlam Group PLC has announced a significant board change following its property disposal transactions, which have strengthened the company’s net cash position. Keith Edelman will step down as Chair in May 2025, with Stephen Bird taking over the role. Bird brings considerable experience in customer-led growth strategies, having held senior roles in various companies. This leadership transition is expected to support the company’s ongoing transformation and growth plans.
More about Headlam
Operating for over 30 years, Headlam is the UK’s leading floorcoverings distributor. The Group collaborates with global suppliers to provide a broad range of products, primarily catering to trade customers including retailers, contractors, and housebuilders. Headlam offers extensive services such as next-day delivery, e-commerce support, and operates across the UK and Continental Europe.
YTD Price Performance: -37.01%
Average Trading Volume: 129,738
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £105.5M
Find detailed analytics on HEAD stock on TipRanks’ Stock Analysis page.
