Trading Statement (October 2007)
Jame Latham Plc The Directors of James Latham plc are pleased to announce that the strong trading conditions reported on in the accounts to 31 March 2007 and in the AGM statement in August have continued throughout the first six months of this financial year. Turnover and net profits will be comfortably ahead of the equivalent period last year. There are however signs of prices weakening in our markets and so these trading conditions are not expected to continue in the second six months. Nevertheless turnover and profits for the year are now expected to be significantly ahead of current market expectations. The results for the six months to 30 September 2007 will be released on 5 December 2007 and will be the first results prepared under International Accounting Standards. Enquiries: Peter Latham, Chairman Tel: 01442 849 100 David Dunmow, Finance Director Tel: 01442 849 100 Blue Oar Securities Plc Mike Coe, Director, Corporate Finance Tel: 0117 933 0020 END