LONDON (Alliance News) - Wood products firm James Latham PLC said on Thursday it expects to see an annual performance in line with market expectations.
James Latham said that for the year ending March 31, pretax profit and revenue are set to meet market expectations. For the prior year, pretax profit was GBP15.2 million, on revenue of GBP214.9 million.
Operationally, the company said the integration of Irish timber merchant Abbey Wood Agencies Ltd, acquired in February for EUR2.6 million is progressing well.
James Latham will publish its annual results on June 27.
Shares in James Latham were up 1.9% at 779.74 pence on Thursday.
Latham Timber (LTHM)
Latham(j)8%prf (LTHP)