Headlam Now Sees FY Underlying Profitability Marginally Below Low End Of Market View

Headlam Group Plc (HEAD.L) said its trading since the interim results announcement on 6 September 2022 has continued the themes reported at that time. The company's revenue was only marginally below the prior year period for the 10 months to 31 October 2022.

The company now expects underlying profitability for the year to remain ahead of 2021 and to be marginally below the low end of the range of market expectations.

The company will announce its pre-close trading update on 19 January 2023, ahead of announcing final results for the year ended 31 December 2022 in early March 2023.

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