LTHM reported results for H1 F2023 with top line growth of 9.7% and gross margins of 19.4%. Cash balances remained in line with fiscal year-end 2022 at £36.9m. The Board declared a 7.25p dividend payable on 27 Jan 2023. Performance in the first half remained strong with stable volume and strong product pricing. With performance starting to normalise we have reinstated forecasts for F2023E and F2024E.
07 Dec 2022
SP Angel Spec Sits: H1F23 Another Solid Set of Results (LTHM)
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SP Angel Spec Sits: H1F23 Another Solid Set of Results (LTHM)
James Latham Plc (LTHM:LON) | 1,155 115.5 0.9% | Mkt Cap: 232.8m
- Published:
07 Dec 2022 -
Author:
Tania Maciver -
Pages:
4
LTHM reported results for H1 F2023 with top line growth of 9.7% and gross margins of 19.4%. Cash balances remained in line with fiscal year-end 2022 at £36.9m. The Board declared a 7.25p dividend payable on 27 Jan 2023. Performance in the first half remained strong with stable volume and strong product pricing. With performance starting to normalise we have reinstated forecasts for F2023E and F2024E.