Latham Timber Share News (LTHM)

DIRECTOR DEALINGS - James Latham Allocates 2.8K Shares

Small caps round-up: Europa Oil, Regal Petroleum, Cardiff Property...

Shares in Europa Oil & Gas gushed ahead after it said drilling at the Barchiz-1 exploration well in Romania encountered oligocene sandstone reservoirs similar to those seen in a nearby field. 'Clearly we are extremely encouraged by this result and look forward to seeing the flow test results in the

Small caps round-up: Northern Bear, Airsprung, Pursuit Dynamics...

Support services group Northern Bear stretched its strong run Tuesday after claiming a good start to the new financial year, with its order book and pipeline well up on a year ago. "The board is pleased to announce that the new financial year has started well, with strong order books and a healthy

James Latham FY Pretax Profit GBP5.59M Vs GBP4.17M

LONDON (Dow Jones)--James Latham PLC (LTHM.LN), said Tuesday that it made pretax profit of GBP5.59 million for the year ended March 31, compared with GBP4.17 million. MAIN FACTS: -Revenue in the financial year to March 31, was GBP115.37 million, 1.3% up on last year's GBP113.90 million -

James Latham felled by revenue dip

Timber merchant James Latham says revenue during the first four months of its financial year is down nearly 9% on a year ago as the recession dulls activity. The company, which has seen its share price rally almost 60% since March, blamed the weaker economy and some lower product prices. Although

London close: Late rally not enough

A late rally by UK equities was not enough to prevent the blue-chip index closing in negative territory, largely as a result of weak miners, which were weighted down by softer metals prices. Lonmin, Vedanta, Rio Tinto and BHP Billiton were all stuck in the red. Elsewhere in the sector, Anglo Americ

London afternoon: Banks and miners retreat

Leading equities drift lower in the afternoon session, led by banks and miners. Asia-focused bank Standard Chartered eases back, despite enjoying record income and operating profit in the first five months of this year. Some of this success has been offset by weakness in consumer banking, however,

London midday: Prices drift lower

Shares continue to drift lower despite expectations of a firm start on Wall Street. Asia-focused bank Standard Chartered eases back, despite enjoying record income and operating profit in the first five months of this year. Some of this success has been offset by weakness in consumer banking, howe

James Latham profit chopped

James Latham tumbled Thursday after the timber merchant posted a big drop in annual profit, cut its dividend and warned that demand remains weak. Profit before tax for the year to 31 March 2009 slumped to £4.2m from £7.1m in 2008 on revenue down 3% to £113.9m. The group warned in March that the res