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James Latham PLC's Board issued a trading statement for the year ended 31 March 2025, reporting revenue and anticipated profit before tax are in line with market expectations, with volumes slightly up on last year and stable cost prices. The Board plans to report the preliminary results for the year ended 31 March 2025 on 26 June 2025.
| Date | 27 Mar 2025 |
| Time | 09:14:47 |
| Category | Trading updates |
| ID | 4964C |
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 2025.
Revenue for the year to 31 March 2025 remains in line with market expectations, with volumes slightly up on last year. Cost prices have remained stable throughout the year, but the market for timber and panel products remains competitive.
We continue to invest in order to keep improving our 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 2025 on 26 June 2025.
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:
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James Latham plc |
Tel: 01442 849 100 |
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Nick Latham, Chairman |
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David Dunmow, Finance Director |
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SP Angel Corporate Finance LLP |
Tel: 0203 470 0470 |
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Matthew Johnson / Charlie Bouverat (Corporate Finance) |
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Abigail Wayne / Rob Rees (Corporate Broking) |
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