Join our community of smart investors

Headlam reports a difficult start to 2024

Post-period trading has been weak, and the recovery is going to take longer than expected
March 5, 2024
  • Dividend slashed
  • Larger customer and trade counters growth

Headlam (HEAD) shares were marked down by 5 per cent after the floorcoverings distributor confirmed that annual trading had gone backwards, and warned of a difficult start to the new year as it continues to struggle with a challenging demand backdrop in the housing market.

This is subscriber only content
Start your trial to keep reading
PRINT AND DIGITAL trial

Get 12 weeks for £12
  • Essential access to the website and app
  • Magazine delivered every week
  • Investment ideas, tools and analysis
Have an account? Sign in