Latham (James) Plc revenue for H1FY20 improves by 6.3%

  • Nov 28, 2019 GMT
  • Team Kalkine
  • Latham (James) Plc (LON: LTHM) has released the half-yearly results for the period ended 30 September 2019.
  • Company’s revenue for the six months ended 30 September 2019 was up 6.3 per cent to £125.6 million as compared to £118.2 million for the same period last year.
  • Operating profit of the company was up 9.6 per cent on last year's profit of £7.7 million.
  • Profit before tax stood at £8.3 million as compared with £8.7 million in the comparative six months, which included a profit of £1.1 million on the sale of company’s old Yate site.
  • As at 30 September 2019 net assets were at £97.6 million as compared to £98.6 million in 2018.

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