James Halstead Share News (JHD)

James Halstead is in bullish mood as overseas trade helps the commercial floorcoverings supplier report record "bottom-line" results for the first half despite increasing raw material costs.Turnover for the six months to 31 December is up 14% as the positive trend continued into the final month of 2010.Business in Europe and in Australasia has been "particularly strong", with "more modest" progress in the UK. The significant upgrade at the firm's Radcliffe production facility, progress in broadening the manufacturing base and cash balances above £30m also fill the firm with confidence. Interim results are out on 31 March.