Consumer

James Halstead Delivers Higher Profits and Dividend Despite Revenue Decline

Thu 27 Mar 25, 08:28 AM | Team Kalkine

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Profitability increases: Operating profit rises to £27.1 million, with pre-tax profit reaching £28.5 million.

Dividend boost: Interim dividend increased to 2.75p per share, up from 2.50p in 2023.

Global expansion: Improved presence in South America and investment in UK production facilities.

James Halstead plc (LSE:JHD), the flooring manufacturer and international distributor, has reported its financial results for the six months ending December 31, 2024. While revenue dipped slightly to £130.1 million from £136.5 million in the previous year, the company achieved higher profits and increased its dividend payout.

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