Chairman’s Statement to the Annual General Meeting
Record final dividend of 6.05p approved; 49th consecutive year of increase. UK and North America robust; Central Europe and Asia Pacific remain challenging.
- Final dividend 6.05p per ordinary share
- Years of consecutive dividend increases 49
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James Halstead plc, UK manufacturer and global seller of commercial flooring, is holding its AGM today at 12 noon at which the Chairman, Mr Mark Halstead, will make the following statement:
"Firstly, let me welcome you to the 110th Annual General Meeting of James Halstead plc, and my first as Chairman. As is customary, we will provide a brief update on the trading for the first few months of the financial year.
It is pleasing that today we will approve another record final dividend, 6.05p per ordinary share, which also marks the 49th year of increase. Cash balances, since the full year end, have increased and are in line with comparatives.
As we approach the half year, we can report that revenues within the UK and North American markets have remained robust, but the challenges faced within the Central European and Asia Pacific regions have continued. We continue to monitor and control costs to mitigate the effect of these challenges.
Looking ahead, as noted in my Chairman's Statement in our 2025 Annual Report & Accounts, we have continuing product and process improvements and I, and the Board, remain confident that the future offers many opportunities and on-going profitable growth."
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.