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Wholesale group Headlam says sales growth has slowed in the second half of the year as it came up against strong comparatives for 2014.


The Midlands distribution group — which operates more than 50 autonomously run flooring wholesale companies and brands — said sales in the 11 months to end November were up 3 per cent.


That is down from the 4 per cent growth figure released at the half year stage, with Headlam saying the slowdown was partly anticipated after solid trading in the second half of last year.


UK like-for-likes in the five months to end November were up 2.8 per cent, having risen 5.4 per cent year-on-year in the first six months of 2015. That brought the 11-month LFL comparison to +4.1 per cent. Acquired business contributed £6.3m to its growth.


Year-to-date sales in its mainland Europe operations declined 4.1 per cent at constant currencies, worsening to 9.9 per cent on translation to sterling.


In a statement, the group said that while the improvement in group revenue during the second half of 2015 to date has been slightly lower than growth rates achieved during the first half, the UK business has performed strongly and growth will be above the year's floorcovering market growth forecasts of 3.4 per cent. In addition, the deterioration in Continental revenues appears to have stabilised, it added.