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24 May 2019 | 08:02

Headlam reports 'pleasing' start to the year

Flooring distributor Headlam reports 'pleasing' trading performance as it maintains full year expectations ahead of its typically stronger second half.

Like-for-like revenue increased by 3.1% and 5.8% in the UK and Continental Europe respectively in the first four months of 2019 against the same period in the prior year.

This resulted in an overall like-for-like revenue increase of 3.5% in the period against the soft comparatives of the prior year. In absolute terms, total revenue increased by 5.5% in the period.

At 8:02am: (LON:HEAD) Headlam Group PLC share price was +7.25p at 463.75p

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