Headlam makes good start to year
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Floor coverings distributor Headlam said revenues for the first three months of the year have risen 7.3%.
UK revenues for the three months to March rose 5.65%, helped by Easter falling in March this year. Revenues in the UK, for the period 1 January 2008 to 14 May 2008, has increased by 4.3% on a like for like basis, it added.
Continental Europe revenues surged 16.8% mainly thanks to currency movements of 15.3%.
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The group said its gross margin during the first quarter has improved compared with the same period in 2007.
"Given this favourable start to 2008, we remain confident of achieving another year of growth," it added.
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