Business
AGM Statement
James Latham plc's AGM statement for the period 1 April to 31 July 2025 reported revenue of £133 million, a 4.7% increase compared to £127 million in the same period of the previous year. Volume increased by 5.9% year-on-year. Margins remained consistent with the second half of the previous financial year, and overheads and profit are in line with market expectations. Increased demand for solid timber products drove the volume increase. The company's interim results for the six months ending 30 September 2025 will be announced on 27 November 2025. Disclaimer*
About this update from James Latham Plc
[{"type":"text","content":"\n\nJames Latham plc\n \n(\"James Latham\" or \"the Company\")\n \nAGM Statement\n \n \nThe Chairman of James Latham is pleased to provide the following trading update at the Company's AGM being held today.\n \nRevenue for the first four months of the current financial year, namely 1 April to 31 July 2025 is £133m compared with £127m for the same period last year. Volumes are up 5.9% on the same period last year. Margins remain consistent with the second half of the previous year. Overheads and resulting profit are in line with market expectations.\n \nThe demand for solid timber products has continued to improve which has been the main driver for the increased volumes during this period. Our customers are more confident than at the same period last year with slightly improved order books.\n \nThe Company's interim results for the six months ending 30 September 2025 will be announced on 27 November 2025.\n \n \nThis 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.\n \nFor further information please visit www.lathamtimber.co.uk or contact:\n \n\n\n\n\nJames Latham plc\n\n\nTel: 01442 849 100\n\n\n\n\nNick Latham, Chairman\n\n\n \n\n\n\n\nDavid Dunmow, Finance Director\n\n\n \n\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n \n\n\n\n\nSP Angel Corporate Finance LLP\n\n\n \n\n\n\n\nMatthew Johnson / Charlie Bouverat (Corporate Finance)\n\n\nTel: 0203 470 0470\n\n\n\n\nAbigail Wayne (Corporate Broking)\n\n\n \n\n\n\n\n \n\n","length":3963,"tagName":"div"}]