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James Latham Profit To Beat Market Hopes, Revenue To Be In Line

30th Mar 2016 07:02

LONDON (Alliance News) - Timber products company James Latham PLC on Wednesday said it expects its annual pretax profit to beat market expectations.

In a short trading statement, the company said pretax profit for the year to the end of March was "likely to be higher than expected", whilst revenue is expected to be broadly in line with market expectations.

It expects to publish its full year results on June 23.

Northland Capital Partners is expecting the company to report a pretax profit of GBP11.0 million for the year, according to data on Morningstar.

By Hannah Boland; [email protected]; @Hannaheboland

Copyright 2016 Alliance News Limited. All Rights Reserved.


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