JAMES HALSTEAD PLC
PRELIMINARY ANNOUNCEMENT OF AUDITED RESULTS
FOR THE MONTH ENDED 30 JUNE 2021
“Very much a year of dealing with successive situations rather than tracking our budget forecast. Credit is due to our management teams for what is an excellent performance.”
Key Figures
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Revenue at £266.4 million (2020: £238.6 million) – up 11.6% |
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Profit before tax £51.3 million (2020: £43.9 million) – up 16.9% |
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Earnings per 5p ordinary share of 19.2p (2020: 16.5p) – up 16.4% |
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Final dividend per ordinary share proposed of 11.0p (2020: 10.0p) – an increase of 10% and once again a record dividend |
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Cash £83.3 million (2020: £67.4 million) |
Mr Mark Halstead, Chief Executive, commenting on the results, said :
“This was a complicated year. It was a year in which our top management had to balance risks to the business whilst maintaining key supplies to our core healthcare markets without compromising employee safety. I applaud the efforts of our management team who have faced difficulties from every direction.
In addition I am pleased to report that our flooring received recognition in the year from the Contract Flooring Association (CFA) in conjunction with the Contract Flooring Journal (CFJ) – winning the “contract of the year” accolade in respect of the Polyflor Quicksafe that was installed at the NHS Louisa Jordan at the SEC in Glasgow, one of many “Nightingale” projects with which we were connected”.