Company-compiled consensus market expectations for 2018 underlying* profit before tax is £43.6 million (mean) (last updated 28 August 2018)

*Non-underlying items relate to intangibles amortisation on the business acquired, acquisitions fees and non-recurring costs relating to personnel changes.


The above figure is a simple arithmetic average of the most recent forecasts that have been provided to Headlam Group plc by registered investment analysts. As such, the figure does not give greater weight to more recent forecasts or to the forecasts of any individual analyst, nor is it adjusted to exclude forecasts that pre-date a significant announcement or event, and therefore may or may not represent the market consensus. This average estimate is not endorsed by Headlam Group plc nor does Headlam Group plc assume any obligation to update or revise it after the date above.