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James Halstead (JHD) investor relations material
James Halstead Trading update summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Sales performance
First half sales saw a slight decline due to ongoing challenges in Central European and Asia Pacific markets.
UK sales were marginally higher year-on-year despite market uncertainty.
North American, Middle Eastern, and South African markets experienced sales growth.
Conservative customer credit policies contributed to lower revenue in some regions, including the UK.
Operational and strategic updates
New and updated UK product ranges are expected to boost future revenue, with sufficient factory capacity for increased volumes.
The Expona Commercial collection was relaunched in Germany, receiving positive reviews and early sales momentum.
Senior management changes in APAC are anticipated to drive revenue and profitability improvements in the second half.
Financial position and outlook
Profitability for the first half will be slightly lower due to stricter credit limits, but the outlook for the second half remains positive.
Cash balances increased, the company remains ungeared, and ongoing investment in UK sites continues.
Interim results for the half-year ended 31 December 2025 will be announced on 31 March 2026.
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