James Halstead increases its 2015 interim dividend by 4.7%

DividendMax Ltd.

James Halstead increases its 2015 interim dividend by 4.7%

James Halstead plc, the AIM listed manufacturer and international distributor of commercial floor coverings, reports:

   

Revenue higher at £117.2 million - an increase of 5.7%

 

Operating profit higher at £21.6 million - an increase of 5.1%

 

Pre-tax profit higher at £21.4 million - an increase of 5.3%

 

Basic earnings per ordinary share 7.8p - an increase of 5.4%

 

Interim dividend increased to a record 3.142p - an increase of 4.7%

 

Net cash at £46.7 million

 
     

The Chief Executive, Mr. Mark Halstead, commented:

"After 100 years of manufacturing, 67 years as a quoted company and in our 40th year of increased dividend I am reminded of the famous Kipling quote "gardens are not made by sitting in the shade". We have grown and prospered and I have confidence in the full year result".

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