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James Halstead PLC Maintains Profit Levels Amid Varied Global Sales Performance
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James Halstead PLC Maintains Profit Levels Amid Varied Global Sales Performance

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Invest with Confidence:

James Halstead ( (GB:JHD) ) has provided an announcement.

James Halstead PLC reported that while overall sales slightly lagged behind last year, profits before tax were comparable to the first half of 2024. The UK market showed caution due to economic policies affecting capital spending, although prospects remain positive due to a backlog in health and education sectors. Overseas, the company experienced growth in the Americas, the Middle East, and Mediterranean regions, though sales in Australia and New Zealand declined. The company maintains a stable cash position and expects full-year profits to align with market expectations.

More about James Halstead

James Halstead PLC is a commercial flooring manufacturer and international distributor, primarily focusing on resilient sheet flooring sold to sectors such as healthcare, education, and other institutional areas. The company operates globally with regional sales strengths in the Middle East and the Americas.

YTD Price Performance: -0.29%

Average Trading Volume: 250,787

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £735M

See more data about JHD stock on TipRanks’ Stock Analysis page.

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