- Full pre-tax profit to come in ahead of targets- Annual revenue expected to reach targets- Shares jump four per centShares of timber merchant James Latham rose sharply after it said full-year pre-tax profit is likely to be higher than expected while revenue is expected to be broadly in line with market expectations.The UK's biggest timber importer and distributor is expected to release its results for the year to March 31st at the end of June.Shares in the group rose 20p or 4.73% at 442.50p at 09:00 in London. CJ