James Halstead (JHD) Trading update summary

Trading performance

• Sales of resilient sheet flooring remained strong, while luxury vinyl tile sales faced headwinds in Europe and Australia.

• UK market share grew, with sales increasing modestly year-on-year and a strong June driven by pre-price increase purchases.

• European activity was solid but muted; North America, Middle East, and South Africa saw significant growth over comparatives.

• Disruption to global trade routes was less severe than expected, enabling additional business in the Middle East.

Financial outlook

• Sales are expected to be marginally below 2025 levels, with profit anticipated to be 10-15% lower than last year.

• Cash generation and reserves support a strong, ungeared balance sheet.

• Medium-term prospects remain solid despite recent external challenges.

• Results for the year ended 30 June 2026 will be announced towards the end of September 2026.