James Halstead Plc : Fall in value of sterling following referendum vote has contributed to increased margins on our overseas sales - chairman . Fall in value of sterling also increased competitiveness and positive growth although it is still early days . In recent weeks there has been significant upward pressure on pricing of plasticiser, one of our key raw materials- chairman . Upward pressure on pricing of plasticiser due to a suspension of production following an explosion at one of BASF's European plants . We have, to date, accessed appropriate volumes elsewhere in market - chairman .BASF failure to supply has raised industry prices, caused supply chain delays, shortages that may well continue into H2 of FY.
James Halstead : UK represents only about a third of business and doubts over economy in weeks after "Brexit" referendum seem to be lessening .Continue to have a large market share in UK but curbing of repair, renewal spending by NHS was noticeable in FY's first two months.