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James Halstead PLC - Manchester-based commercial flooring manufacturer and distributor - Says trading in current financial year ‘on track to meet our expectations’. The firm’s financial year runs to June 30. ‘In addition, cash levels remain strong and ahead of the prior year,’ Chair Anthony Wild comments. ‘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.’ The statement was made ahead of the firm’s annual general meeting, which will be Wild’s last. The firm said in October that Chief Executive Officer Mark Halstead is to become executive chair. Finance Director Gordon Oliver will step up to CEO, while David Drillingcourt will become finance director. Current stock price: 189.18 pence, up 2.0% on Friday morning 12-month change: down 6.4% Copyright 2024 Alliance News Ltd. All Rights Reserved.
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