James Halstead Full Year 2024 Earnings: EPS: UK£0.10 (vs UK£0.10 in FY 2023)

James Halstead (LON:JHD) Full Year 2024 Results

Key Financial Results

• Revenue: UK£274.9m (down 9.4% from FY 2023).
• Net income: UK£41.5m (down 2.1% from FY 2023).
• Profit margin: 15% (up from 14% in FY 2023). The increase in margin was driven by lower expenses.
• EPS: UK£0.10 (down from UK£0.10 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

James Halstead Earnings Insights

The primary driver behind last 12 months revenue was the United Kingdom segment contributing a total revenue of UK£110.7m (40% of total revenue). Notably, cost of sales worth UK£153.8m amounted to 56% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to UK£52.9m (67% of total expenses). Explore how JHD's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Building industry in the United Kingdom.

Performance of the British Building industry.

The company's shares are up 1.9% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on James Halstead's balance sheet.

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