LATHAM (JAMES) PLC

Earnings Release • Mar 25, 2021

National Storage Mechanism | Additional information

RNS Number : 4030T

Latham(James) PLC

25 March 2021

James Latham PLC

("James Latham" or the "Company")

Trading Statement

The Board of James Latham provides the following trading statement ahead of the Company's results for the year ended 31 March 2021.

Revenue for the year ended 31 March 2021 has continued its strong recovery, after the first quarter was significantly impacted by the first lockdown.  Full year revenues are expected to be broadly similar to the revenue figure reported for the year ended 31 March 2020.  Gross margins have also continued to show improvement and are expected to be ahead of the figures reported in H1.  The Company's balance sheet remains strong.

The Board plans to report the Company's preliminary results for the year ended 31 March 2021 on 24 June 2021.

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014.

For further information please visit www.lathams.co.uk or contact:

James Latham plc	Tel: 01442 849 100
Nick Latham, Chairman
David Dunmow, Finance Director
SP Angel Corporate Finance LLP	Tel: 0203 470 0470
Matthew Johnson / Charlie Bouverat (Corporate Finance)
Rob Rees (Corporate Broking)

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