James Halstead plc – its “Trading Update” is a profit warning which dare not speak its name. But…
Floor coverings manufacturer and international distributor James Halstead plc (JHD) has issued a “Trading Update” including that it “has seen continued confidence in the segment of resilient sheet flooring… Cash generation alongside reserves continue to underpin an ungeared balance sheet, which remains strong. The board is confident that the medium-term prospects remain solid”. So what about a current more than 4% lower share price response towards 120p?


