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Headlam Group PLC (HEAD.L)

HEAD.L on London Stock Exchange

531.00GBp
12 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Headlam Group Says Acquisition Of Domus
Thursday, 7 Dec 2017 02:00am EST 

Dec 7 (Reuters) - Headlam Group Plc ::ACQUISITION OF DOMUS FOR A TOTAL MAXIMUM CONSIDERATION OF 35.4 MILLION STG.DOMUS WILL CONTINUE TO BE OPERATED UNDER ITS EXISTING DOMUS BRAND BY INCUMBENT MANAGEMENT TEAM AS A DISTINCT BUSINESS UNIT OF CO.ACQUISITION IS EXPECTED TO BE IMMEDIATELY EARNINGS ENHANCING AND WILL IMPROVE COMPANY'S OVERALL MARGIN MIX.ACQUIRED ENTIRE ISSUED SHARE CAPITAL OF DOMUS FROM ALCUIN CAPITAL PARTNERS AND SENIOR MANAGEMENT OF DOMUS, ON CASH-FREE, DEBT-FREE BASIS.  Full Article

Headlam Group Says Total Revenue Growth up 2.7 Pct ‍For Ten Month Period
Thursday, 7 Dec 2017 02:00am EST 

Dec 7 (Reuters) - Headlam Group Plc ::‍TRADING FOR TEN MONTH PERIOD WAS POSITIVE WITH TOTAL REVENUE GROWTH OF 2.7%​.‍REVENUE GROWTH FOR YEAR BEING MARGINALLY LOWER THAN PLANNED​.HEADLAM GROUP - ‍CONTINUES TO EXPECT TO REPORT PROFIT BEFORE TAX FOR FINANCIAL YEAR ENDING 31 DEC 2017 IN-LINE WITH CONSENSUS MARKET EXPECTATIONS​.  Full Article

Headlam says H1 total revenue up 4 pct to 341.9 mln stg
Monday, 21 Aug 2017 02:00am EDT 

Aug 21 (Reuters) - Headlam Group Plc ::H1 2017 TOTAL REVENUE INCREASED BY 4.0% TO £341.9 MILLION (H1 2016: £328.7 MILLION).H1 2017 PROFIT BEFORE TAX INCREASED BY 11.0% TO £16.8 MILLION (H1 2016: £15.1 MILLION).INTERIM DIVIDEND FOR 2017 INCREASED BY 12.7% TO 7.55P.TRADING IN FIRST FEW WEEKS OF SECOND HALF IS PERFORMING TO EXPECTATIONS.CONTINUES TO TRADE IN-LINE WITH BOARD'S EXPECTATIONS FOR FULL YEAR.H1 PROFIT BEFORE TAX OF 16.7 MILLION STG VERSUS 15.1 MILLION STG YEAR AGO.  Full Article

Headlam trading in-line with board's expectations
Tuesday, 18 Jul 2017 02:00am EDT 

July 18 (Reuters) - Headlam Group :Total revenue for six months ended 30 June 2017 increased by 4.0% to £341.9 million.On a constant currency basis, total revenue increased by 2.6% to £337.2 million.UK accounted for 85.9% of total revenue (87.0% in constant currency) with like-for-like revenue growth of 2.1%.Continental Europe, which accounted for 14.1% of total revenue (13.0% in constant currency), showed like-for-like revenue growth of 3.0%.Gross margin across the company improved by 103 basis points to 31.06%.Company continues to trade in-line with board's expectations for full year.  Full Article

Headlam Group appoints Chris Payne as CFO
Thursday, 11 May 2017 02:49am EDT 

May 11 (Reuters) - Headlam Group Plc ::Appointment of chief financial officer.Appoints Chris Payne as chief financial officer and executive director of board.Payne will join company on or before 8 November 2017.  Full Article

Headlam says has raised prices to counter weaker sterling
Wednesday, 24 Aug 2016 02:00am EDT 

Headlam Group : Interim Results for the six months ended 30 June 2016 . Group revenue up 4.8% to £328.7 million (H1 2015: £313.5 million) . Profit before tax up 22.4% to £15.11 million (H1 2015: £12.35 million) . Interim dividend up 11.7 percent to 6.7 pence per share . August is traditionally one of the group's peak trading months in the UK with the annual summer refurbishment of educational institutions. . To date, this seasonal business seems to have been unaffected by the result of June's referendum on EU membership. . However, the referendum result gave rise to a weakening in sterling, and the group has sought to mitigate this adverse inflationary effect by implementing price increases earlier this month for residential floorcoverings imported from Continental Europe . It is pleasing that these price increases appear to have had no adverse impact on the level of residential revenues to date .Our market appears to be robust and, subject to the key trading period in the run-up to Christmas, the board remains confident of achieving full year expectations.  Full Article