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Worrying business models | Elderly simplicity

01/12/2022 · Duke Royalty Ltd (DUKE)  · Hotel Chocolat (HOTC)  · James Halstead (JHD)  · James Latham (LTHM) 

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Results and updates covered here include simplicity and excellence from an AIM elder and complexity and confusion from two more recent admissions to London’s growth market – one in particular leaves us scratching our heads.

James Halstead – sales ahead, but pressures mount

In its AGM statement commercial flooring company James Halstead (AIM:JHD) confirmed that in most markets sales are ahead of last year. Stock levels have also reduced by over 10% and the mild autumn means that the energy crisis has not further escalated.

Margins are being helped by a reduction in international shipping rates while the fall in the value of Sterling has offered a…

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