Trading Statement
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.
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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.
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