Headlam to continue operating during new coronavirus lockdown


Headlam Group PLC (LON:HEAD) has confirmed its operations in the UK and Europe affected by the current coronavirus pandemic measures will remain open for the duration of the lockdown period.

In a short update, the floorcoverings distributor said it will continue operating from all its sites, providing a nationwide delivery service, collection service from its trade counter network, and ongoing customer support while respecting safety measures.

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The group will also continue purchasing product throughout the lockdown and said it has been working closely with its suppliers to ensure continued product flow from the EU following Brexit.

The firm has been doing well during the pandemic, having recovered to 2019 levels in the second half after posting an interim loss due to a weak second quarter.

In November, Headlam said that its full-year underlying profit before tax would come in materially ahead of current market expectations for a breakeven performance.


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