Headlam Group (LON:HEAD) Releases Quarterly Earnings Results

Headlam Group (LON:HEAD) announced its earnings results on Wednesday. The company reported GBX (44.10) EPS for the quarter, Digital Look Earnings reports. Headlam Group had a negative return on equity of 26.39% and a negative net margin of 8.36%.

Headlam Group Trading Down 4.7%

Shares of LON:HEAD opened at GBX 42.71 on Wednesday. Headlam Group has a 12-month low of GBX 39.40 and a 12-month high of GBX 99.80. The stock has a market cap of £34.28 million, a PE ratio of -0.75 and a beta of 0.86. The business has a 50 day moving average of GBX 43.25 and a 200-day moving average of GBX 49.49. The company has a quick ratio of 0.72, a current ratio of 1.26 and a debt-to-equity ratio of 66.36.

About Headlam Group

Headlam is the UK’s leading floorcovering distributor. Operating for over 30 years, the Company has expanded to a network of c. 2,030 people, 17 distribution branches, and 76 trade counters.

The Company works with suppliers across the globe manufacturing the broadest range of products, and gives them a highly effective route to market, selling their products to the large and diverse trade customer base.

The Company has an extensive customer base spanning independent and multiple retailers, small and large contractors, and house builders.