For the six months to 30th September 2018 James Latham reported revenue of £118.2m, +10.2% Y/Y, on underlying volume growth of 1.5% Y/Y, with product prices increasing 7.8%. Gross profit was £20.2m, +9.0%YoY, with gross margin at 17.1%, compared to 17.3% in H118, resulting from increased lower-margin direct sales. Operating profit (reported) was £7.7m, +10.0% Y/Y, a 6.5% margin, matching H118. PBT (reported) was £8.7m inclusive of a £1.1m contribution from the sa
04 Dec 2018
FY19 Interim revenue +10%Y/Y, dividend increased from 4.5p to 5.0p
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FY19 Interim revenue +10%Y/Y, dividend increased from 4.5p to 5.0p
James Latham Plc (LTHM:LON) | 1,155 0 0.0% | Mkt Cap: 232.8m
- Published:
04 Dec 2018 -
Author:
Mike Jeremy -
Pages:
16
For the six months to 30th September 2018 James Latham reported revenue of £118.2m, +10.2% Y/Y, on underlying volume growth of 1.5% Y/Y, with product prices increasing 7.8%. Gross profit was £20.2m, +9.0%YoY, with gross margin at 17.1%, compared to 17.3% in H118, resulting from increased lower-margin direct sales. Operating profit (reported) was £7.7m, +10.0% Y/Y, a 6.5% margin, matching H118. PBT (reported) was £8.7m inclusive of a £1.1m contribution from the sa