Business
Trading Statement and Board Change
Trading Statement and Board Change.
About this update from James Latham Plc
[{"type":"text","content":"\n \nRNS Number : 6317Y Latham(James) PLC 06 March 2017 \n\nJames Latham plc\n\n(\"James Latham\" or the \"Company\")\nTrading Statement and Board Change\n \n \nThe Board of James Latham is pleased to provide a trading statement ahead of the Company's results for the year to 31 March 2017.\n \nRevenue for the year ending 31 March 2017 is expected to be broadly in line with market expectations and profit before tax is likely to be higher than expected. The Board anticipates releasing the Company's preliminary results on 22 June 2017.\n \nBuilding work is continuing as planned and to budget at James Latham's new depot in Yate and the move to the site is anticipated during August 2017. In addition, detailed plans have been agreed for the relocation of the Wigston business to a new site, and the Company is currently awaiting planning approval.\n \nThe Board also announces that Peter Latham has decided to retire as Chairman and as a director at the Annual General Meeting on 23 August 2017 and that Nick Latham will take over as Chairman from that date.\n \n \nThis announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014.\n \n \n\n\n\n\n \nJames Latham plc\n\n\n \nTel: 01442 849 100\n\n\n\n\nDavid Dunmow, Finance Director\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nNorthland Capital Partners Limited \nNominated Adviser and Broker\n\n\nTel: 0203 861 6625\n\n\n\n\nMatthew Johnson / Edward Hutton\n\n\n \n\n\n\n\n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCUNRORBWAORAR\n ","length":3097,"tagName":"div"}]