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Annual Results

James Halstead divi up after record year

02 October 2017 07:13

James Halstead has declared a record dividend following record turnover and profits for the year to the end of June.

Revenue rose to £240.8m - up 6.5% and pre-tax profits increased by 2.5% to £46.6m.

Earnings per ordinary share rose by 3.5% to 17.6p and the board has proposed a final dividend of 9.25p - up 8.8%.

Chief executive Mark Halstead said: 'Despite the shadow of uncertainty that "Brexit" has cast and in a year of clearly tougher than normal trading conditions it's satisfying to report another year of record profits.'

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