James Halstead (#JHD) – H1 EPS -3%, DPS +6%, “challenges continue”
- 2022-03-31 07:30:32
UK 00:06 Saturday, 19 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
It is easy to make investment selection errors but it is also easy to miss out on sensible investment opportunities. Over the last 10 months I have written twice about the industrial flooring company James Halstead (JHD), most recently back at the end of March. Back then I talked about that ‘looking for a bad day (or three) share price below 500p feels like a sensible longer-term buy of this sensible family influenced name forged in 1915’. Judging by today’s update from the company, I should have taken advantage of the opportunity I had to do that back in May.
Almost six months ago, here, I wrote about the industrial flooring company James Halstead (JHD) concluding that ‘at a billion quid market cap now and unlikely to best £50 million of operating profit this year, it is not a cheap stock but if you dig below the surface it is an impressive one’. With the shares little changed from a 500 pence share price, how did today’s half-year numbers to the end of last year get on?
For another time are my views on Rolls-Royce (RR.) after its big money raising announcement today because today I actually want to dole out some praise. I know previously (for example here) I have lauded Next (NXT) for its commitment to a high level of disclosures and a detailed plan, and typically these are the sort of traits I look for. You can have all the numbers and insights you like but ultimately you are putting your faith into a management team and their day-to-day capabilities. I love the insights from big themes and various important numbers, but company culture matters hugely too. And talking about culture, brings me to the industrial flooring company James Halstead (JHD)...
Commercial flooring manufacturer and distributor, James Halstead (JHD) has updated including “the company expects to report record pre-tax profit for the half-year… Turnover in the UK was 6.8% ahead of the prior year, a creditable performance against the prevailing market conditions. Underlying margins held up”. The shares have though failed to respond positively…
I like a company whose name does not give too much away as it probably means that many investor and analyst types will overlook it. This means that in today's results crop James Halstead (JHD) stands out…
Hello Share Munchers. Nobody could accuse me of only featuring glamorous shares. And today’s choice shines in a field which is just about as boring as you can get. James Halstead (JHD) makes industrial floors. But it’s a reliable money-maker and a decent divi-payer. And in these difficult days, one appreciates companies which consistently bring in the sheaves...
