Latham Timber Regulatory News (LTHM)

17 Aug 2006 07:00

Latham(James) PLC17 August 2006 James Latham plc Stock Exchange Announcement and Statement to the 2006 AGM The Directors intend to issue the following statement to shareholders attendingtoday's AGM: For the first four months of the current financial year namely April to July2006, like for like sales are slightly ahead of the same period last year.Management figures also indicate that margins have shown a small, but useful,improvement. Although it is too early in the financial year to be certain of the finaloutcome, trading is currently on target to meet market expectations. Thisyear's figures will exclude the contribution from Nevill Long Ltd which was soldon 31 March 2006. James Latham plc's interim results to the end of September will be announced atthe end of November. With the Company's strong financial base, it is the Board's policy to developthe core timber distribution business. The intention is to develop existingdepots and the product range and to expand geographically as opportunitiesbecome available. R J LathamChairman17 August 2006 This information is provided by RNS The company news service from the London Stock Exchange