Headlam Group plc reported trading update for the year ended December 31, 2016. Total revenue for the year was up 6.0% against 2015, approximately 4.5% in constant currency, with a strong performance from both the UK and Continental Europe. The UK continued to account for approximately 88% of total revenue and UK like-for-like growth was 4.7%, a significant outperformance of the 3.8% growth in the market. Continental Europe, which accounted for approximately 12% of total revenue, grew by 3.6% in constant currency strongly reversing the decline of 3.8% in 2015.

Following the trading update on December 1, 2016 when the company announced that it expected to report preliminary results before non-recurring items ahead of current consensus market expectations, the company continued to experience better than anticipated trading in the latter part of the important fourth quarter. As such, the Company now expects to report preliminary results before non-recurring items ahead of the revised consensus market expectations.