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LTHM Latham (james) Plc

1,155.00
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Latham (james) Plc LSE:LTHM London Ordinary Share GB00B04NP100 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1,155.00 1,120.00 1,190.00 1,155.00 1,155.00 1,155.00 4,963 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Wood Products, Nec 408.37M 35.92M 1.7849 6.47 232.42M

Latham(James) PLC Trading Statement (6922U)

30/03/2023 7:00am

UK Regulatory


Latham (james) (LSE:LTHM)
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TIDMLTHM

RNS Number : 6922U

Latham(James) PLC

30 March 2023

James Latham PLC

("James Latham" or the "Company")

Trading Statement

The Board of James Latham provides the following trading statement ahead of the Company's results for the year ended 31 March 2023.

Revenue for the year to 31 March 2023 remains strong and is anticipated to be slightly ahead of market expectations. Cost prices have stabilised and there are few signs of price weakness in the immediate future. Sales volumes are similar to the previous year. As expected, overheads have continued to rise. We continue to monitor and control our overheads closely in the face of high inflation, whilst still investing in our operations to improve service levels. We anticipate that our profit before tax will be in line with market expectations. The Company's balance sheet and cash balances remain strong. The Board plans to report the Company's preliminary results for the year ended 31 March 2023 on 29 June 2023.

This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended.

For further information please visit www.lathamtimber.co.uk. or contact:

 
 James Latham plc                                Tel: 01442 849 100 
 Nick Latham, Chairman 
 David Dunmow, Finance Director 
 
 
 SP Angel Corporate Finance LLP                  Tel: 0203 470 0470 
 Matthew Johnson / Charlie Bouverat (Corporate 
  Finance) 
 Rob Rees (Corporate Broking) 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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(END) Dow Jones Newswires

March 30, 2023 02:00 ET (06:00 GMT)

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