James Latham (AIM:LTHM) – revenue ahead profit in line, the usual reassurance!
The trading statement from the importer and distributer of wood based sheet materials for the year to 31 March 2015 offered the usual reassurance.
The announcement confirmed that revenue for the year ending 31st March 2015 is expected to be ahead of, and profit before tax is likely to be in line with, market expectations. Consensus expectations are currently for revenue around £175m, pre-tax profit of £9.7m and eps of 39.50p.
There was definitive news on the pension scheme with the approval the Scheme’s triennial actuarial valuation, dated 31 March 2014,…
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