James Halstead Interims

DividendMax Ltd.

James Halstead Interims

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

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Revenue increased to a record £117.7 million - an increase of 10.9%

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Operating profit increased to a record £20.8 million - an increase of 13.2%

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Pre-tax profit increased to a record £21.1 million - an increase of 14.1%

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Basic earnings per ordinary share increased to a record 14.4p - an increase of 16.1%

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Interim dividend increased to a record 5.0p - an increase of 11.1%

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Net cash at £36.9m - an increase of 22.9%

The Chief Executive, Mr Mark Halstead, commented:

"Having, once again, achieved record profits in challenging conditions, I recall in 1995 Sir John Harvey-Jones described our company as having "consistency of aim and performance with results obtained highlighting sound management principles as much as spectacular growth." I can confirm that we continue to adhere to these principles."

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