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carpetShowroomThe boss of wholesale giant Headlam says momentum is building in the UK flooring sector as it claimed first half market share gains.


The Tamworth based group — which comprises 56 autonomously run businesses following the acquisition of Matty’s Wholesale in January — said six month sales to end June rose 4 per cent £313.5m.


UK like-for-likes were up 5.4 per cent, outscoring the wider flooring market by 210 basis points Headlam said. Half year operating profits were up 15 per cent to £13m.


"The first half results underline the growing momentum in the UK market and particularly in our business,” said CEO Tony Brewer.


“The group's UK residential business has performed well and the slightly stronger like-for-like growth across our commercial activities points towards improving confidence in the wider business community.”


Headlam said it now expects its full year results to be slightly ahead of the board’s internal expectations.



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