James Halstead Reports Mixed Financial Results

James Halstead (GB:JHD) has released an update.

James Halstead PLC, a commercial flooring manufacturer, reported a mixed year with revenue down 9.4% to £274.9 million, but with profit before tax up 7.9% to £56.2 million for the year ended June 30, 2024. Despite challenges such as global trade disruptions, the company saw improved gross margins across major markets and continued global demand for its products, alongside a proposed increased dividend, marking a continuous dividend growth since 1974. The company remains confident in its long-term strategy, as reflected by ongoing investments in operational efficiency and expansion into new international markets.

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