The Chairman of James Latham is pleased to provide the following trading update at the Company’s AGM being held today.
Revenue for the first four months of the current financial year, namely 1 April to 31 July 2025 is £133m compared with £127m for the same period last year. Volumes are up 5.9% on the same period last year. Margins remain consistent with the second half of the previous year. Overheads and resulting profit are in line with market expectations.
The demand for solid timber products has continued to improve which has been the main driver for the increased volumes during this period. Our customers are more confident than at the same period last year with slightly improved order books.
The Company’s interim results for the six months ending 30 September 2025 will be announced on 27 November 2025.