James Latham (GB:LTHM) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
James Latham PLC reported a slight decline in revenue to £186.6 million for the six months ending September 2024, with a drop in operating profit to £11.3 million compared to the previous year. Despite stable cost prices, increased sales volumes, and a rise in net assets to £210.4 million, the company faced challenges due to EU regulations affecting hardwood markets, impacting margins. The Board has declared a modest increase in interim dividends and plans to invest in a National Distribution Centre to bolster future operations.
For further insights into GB:LTHM stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue