Stock Analysis
James Latham (LON:LTHM) Full Year 2023 Results
Key Financial Results
- Revenue: UK£408.4m (up 6.0% from FY 2022).
- Net income: UK£35.9m (down 21% from FY 2022).
- Profit margin: 8.8% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses.
- EPS: UK£1.80 (down from UK£2.29 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
James Latham Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 5.2%. Earnings per share (EPS) also surpassed analyst estimates by 21%.
The company's shares are down 1.5% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 1 warning sign for James Latham you should be aware of.
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About AIM:LTHM
James Latham
Engages in the importing and distribution of timber, panels, and decorative surfaces in the United Kingdom, the Republic of Ireland, rest of Europe, and internationally.
Flawless balance sheet 6 star dividend payer.