UK's Halstead Expecting Record Profits

Manchester, England, Jan. 30, 2012 -- Commercial flooring manufacturer James Halstead said it is expecting “record profits” in the current reporting period.

In a statement ahead of its interim results for the six months to to December 31, the company said it said its sales have continued to grow in line with expectations, despite “challenging times."

Export sales have also continued to show good growth and its UK sales are ahead of last year.

It said total sales are around 10% ahead of the same period last year.

CEO Mark Halstead said: “Our commercial flooring portfolio continues to stand us in good stead globally and it is pleasing to say that the UK market continues to perform well in challenging times. “I have no doubt that we will, yet again, report record profits at the interim stage.”