Make your money go further for just 25p per day

AIM IHT

Why I’m buying: James Halstead

James Halstead standing in front of the company's lorries

It may not appeal to those investors seeking greater excitement, but James Halstead - the highly-regarded flooring manufacturer - rarely disappoints with its clean numbers which justify its premium rating


Flooring group James Halstead (LON: JHD) doesn't tend to blow the lights out with its financial results. Indeed, in the year to June 2019 revenues ticked up just 1.4%, but this represented a record year for sales, profit and dividends from this staple of many AIM for IHT portfolios.

Some may question the seemingly heady valuation of this business relative to its modest growth - the shares trade at 26 times forecast earnings for 2020, assuming 6.5% growth –…

Sign up and read the full article

Register to continue reading our content.

Get FREE access now

Already a member? Login


Previous article Next article

DON'T MISS OUT!

Get top investment ideas to help safeguard and grow your wealth.

Invaluable insight from the exciting world of smaller companies.

REGISTER FREE

DON'T MISS OUT ON OUR PREMIUM CONTENT

Become a champion investor for just £90 a year. Benefit from our high performing portfolios:

START FREE TRIAL

More on James Halstead

Clean reporting | Profit warnings | Reassurance

02/10/2023 · Company Insights

News covered here include delightfully clean results from a cash rich flooring manufacturer. Elsewhere, there were…


Flooring delights | Value in video gaming

02/08/2023 · Company Insights

News covered here include trading updates from two of AIM’s larger companies, both from the flooring…


More on Victoria

Precarious | Another acquisition target?

23/11/2023 · Company Insights

Interim results from a heavily indebted flooring company covered here suggest this business is in a…


Ceramics concerns | Debt mountains | Creative challenges

15/09/2023 · Company Insights

News covered here includes results from two well-established AIM companies manufacturing ceramics, although each addresses a…


More Company Insights

Ethically challenged | Doing nicely | Steady as ever

Debt dissuaders | Laughable comments

Sign-up to our free email updates

SIGN UP