- Floor coverings distributor Headlam Group said soft trading conditions in the UK had continued to affect revenue in May and June, leading to a fall in first-half like-for-like sales.

Total revenue for the six months through June rose 0.6%, but declined 4.5% on a like-for-like basis.

Headlam said it continued to 'maintain its focus on profitability' via acquisitions and improving operational efficiencies.

'Subject to no further downturn in market conditions and the company experiencing the usual weighting of trading to the traditionally stronger second half of the year, the board is currently confident of delivering expectations for 2018,' it said.

At 1:59pm: [LON:HEAD] Headlam Group PLC share price was -1.5p at 459p

Story provided by