Headlam Group PLC Trading Statement (8037C)
22 January 2015 - 6:00PM
UK Regulatory
TIDMHEAD
RNS Number : 8037C
Headlam Group PLC
22 January 2015
22 January 2015
Trading update
Ahead of the results release for the year ended 31 December 2014
on Thursday 5 March 2015, Headlam Group plc, Europe's leading
floorcoverings distributor, provides a brief trading update as
follows.
Total group revenue for the twelve month period to 31 December
2014 increased by 5.3% compared with the previous year.
In the UK, favourable trading during November and December, up
3.7% and 6.8% respectively against strong prior year comparables,
contributed to the twelve month like for like revenue increase of
5.9%. The combined annual revenues from the group's Continental
European businesses in local currency on a like for like basis,
reduced by 2.3% and 7.3% when translated into sterling.
Based on the pleasing revenue performance, earnings for the
twelve months to 31 December 2014 are likely to slightly exceed the
group's internal performance target.
Enquiries:
Headlam Group plc
Tony Brewer, Group Chief Executive Tel: 01675 433000
Stephen Wilson, Group Finance Director
This information is provided by RNS
The company news service from the London Stock Exchange
END
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