Earnings release
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5 November 2025 Headlam Group plc ('Headlam', the 'Company', the 'Group') Trading Update Headlam (LSE: HEAD), the UK's leading floor coverings distributor, provides the following trading update for the four months ended 31 October 2025 (the "Period"). Trading Performance The Group has continued to experience challenging market dynamics and execution during the Period. Revenue was down 5%1 in the Period. This performance is below our expectations outlined at the interim results in September 2025, and thereforethe Board expects full year performance to be below expectations. Actions Underway In response, the Board has already initiated a comprehensive programme of restructuring, cost reduction and operationalimprovements and is accelerating the implementation of these measures. Further details of the programme will be presentedon 11 November 2025. These actions are designed to return the Group to profitability and strengthen its market position, even if market conditionsremain subdued. The Group also remains focused on strengthening the financial position including potential further propertydisposals. The Board is confident that these measures, combined with the Group's market position and established relationships withsuppliers and customers, provides a platform for a return to sustainable profitability and growth. Enquiries Headlam Group plc Tel: 01675 433 000 Stephen Bird, Interim Executive Chairman Email: headlamgroup@headlam.com Adam Phillips, Chief Financial Officer This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 as it forms part ofdomestic law of the United Kingdom by virtue of the European Union (Withdrawal) Act 2018, as amended. Upon thepublication of this announcement, this inside information is now considered to be in the public domain. The personresponsible for arranging the release of this announcement on behalf of the Company is Adam Phillips, Chief FinancialOfficer Footnotes 1) Year-on-year revenue on a same working day basis. Excludes revenue from France and the Netherlands where thebusinesses are held for sale. Notes to Editors Operating for over 30 years, Headlam is the UK's leading floorcoverings distributor. The Group works with suppliers acrossthe globe manufacturing the broadest range of products, and gives them a highly effective route to market, selling theirproducts into the large and diverse trade customer base. The Group has an extensive customer base spanning independent andmultiple retailers, small and large contractors, and housebuilders. It provides its customers with a market leading servicethrough the largest product range, in-depth knowledge, ecommerce and marketing support, and nationwide next day deliveryservice. To maximise customer reach and sales opportunity, Headlam operates businesses, trade brands and product brandsacross the UK and Continental Europe (France and the Netherlands), which are supported by the group's network, centralresources and processes. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authorityto act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this informationmay apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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