James Halstead trades in line with management expectations

(Sharecast News) - Floorings business James Halstead said on Friday that trading in the current financial year was on track to meet internal expectations of "continued progress". James Halstead approved its final dividend of 6.0p per ordinary share, yet another record dividend for the group, marking the 48th year of increase.

In addition, the AIM-listed group said cash levels remained "strong and ahead of the prior year".

Chairman Anthony Wild said: "I, and the board, remain positive about the market most particularly in the healthcare, education and aged care sectors, all of which are areas of government focus on investment both in the UK and overseas."

As of 0945 GMT, James Halstead shares were up 2.16% at 189.51p.









Reporting by Iain Gilbert at Sharecast.com