Trading Statement

Summary by AI ^BETAClose X

James Latham plc has issued a trading statement indicating that revenue for the year ended 31 March 2026 is in line with market expectations, with volumes slightly up despite a challenging environment, and profit before tax is also anticipated to meet expectations. The company is closely monitoring rising freight rates and shipment times due to the conflict in the Middle East. Construction of their National Distribution Centre in Chatteris is on time and within budget, with full operational status expected by the end of 2027. Preliminary results for the year will be reported on 2 July 2026.

Disclaimer*

Latham(James) PLC

25 March 2026

James Latham plc

("James Latham" or "the Company")

Trading Statement

The Board of James Latham provides the following trading statement ahead of the Company's results for the year ended 31 March 2026.

Revenue for the year ended 31 March 2026 remains in line with market expectations, with volumes expected to be slightly up on last year, despite a challenging trading environment. Cost prices have remained stable throughout the year, but we are closely monitoring the situation with the conflict in the Middle East which is starting to cause increasing freight rates and shipment times.

We anticipate that our profit before tax will be in line with market expectations.

Construction of our National Distribution Centre, located in Chatteris in East Anglia, is progressing on time and within budget, and we are expected to be fully operational on this site by the end of 2027.

The Board plans to report the Company's preliminary results for the year ended 31 March 2026 on 2 July 2026.

This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended.

For further information please visit www.lathamtimber.co.uk or contact:

James Latham plc	Tel: 01442 849 100
Nick Latham, Chairman
David Dunmow, Finance Director


SP Angel Corporate Finance LLP
Matthew Johnson / Caroline Rowe (Corporate Finance)	Tel: 0203 470 0470
Abigail Wayne (Corporate Broking)

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END