Samuel Heath reports modest profit growth amid challenging outlook

Published 26/11/2025, 13:04
Samuel Heath reports modest profit growth amid challenging outlook

BIRMINGHAM - Samuel Heath & Sons plc, a UK-based manufacturer of bathroom fixtures, reported a 1.9% increase in sales to £7.69 million for the half year ended September 30, 2025, according to a company press release issued Wednesday.

The luxury brassware maker posted an operating profit of £489,000, up slightly from £481,000 in the same period last year. Profit before tax rose more significantly to £542,000, representing a £103,000 increase from the previous year’s £439,000.

Cash and cash equivalents strengthened to £2.62 million, up from £2.17 million at the end of March 2025. The company reduced inventory by £209,000 through improved stock management while investing £34,000 in plant equipment to enhance production efficiency.

Despite the positive first-half performance, the company expressed concerns about weakening order intake since June 2025, which is expected to impact second-half results. The manufacturer cited economic challenges in its key markets, including the effects of U.S. tariffs on construction costs and uncertainty surrounding UK tax changes.

In response to these challenges, Samuel Heath has implemented cost-cutting measures, including headcount reductions. The company noted that while its new product finishes, including Anthracite and Old Brass, are performing well, it anticipates weaker sales in the coming months.

The board maintained its interim dividend at 4.5 pence per share, unchanged from the previous year, payable on March 20, 2026, to shareholders on record as of February 13, 2026.

The company’s defined benefit pension scheme reported a surplus of £701,000, with the company making no contributions during the period. Samuel Heath also announced plans to launch its Octelle collection next year, a collaboration with interior designer Laura Hammett.

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