James Latham, a leading UK distributor of timber and materials, has reported a rise in its revenue for the first four months of its financial year.
The company's revenue increased to £133 million, up from £127 million a year earlier.
The positive performance was attributed to a strong demand for timber products, with volumes increasing by 5.9%.
The news is a welcome sign for the UK's construction and building materials sectors, which have been facing headwinds from a slowdown in the housing market.
James Latham's performance suggests that there is still strong underlying demand for building materials, which could be a positive signal for the broader economy.
The company's results highlight its resilience and its ability to capitalize on market opportunities.
The news is also a key indicator of the health of the UK's construction sector and the continued investment in new building projects.
For investors, the positive revenue growth is a reassuring sign of the company's health and its potential for continued growth.
OSB Group PLC has increased its dividend and backed its guidance, but reported a 20% drop in first-half profit.
Fishing tackle and equipment retailer Angling Direct has reported a stronger-than-expected first-half trading performance, boosted by a solid UK performance.
Shares in construction firm Costain plummeted after the company reported a significant drop in first-half revenue, a fall it attributed to delays on the HS2 rail project.
Shares in construction firm Costain plummeted after the company reported a significant drop in first-half revenue.
UK inflation has unexpectedly accelerated to 3.8% in July, primarily driven by rising food, fuel, and airfare costs.
UK inflation has unexpectedly accelerated to 3.8% in July, primarily driven by rising food, fuel, and airfare costs.
The FTSE 100 index reached a new closing high, boosted by hopes of a resolution to the Russia-Ukraine conflict and strong performance from retailers.
Despite earlier predictions of a fall, UK households are now being warned that their energy bills are expected to rise from October.
Nanoco Group has stated that it expects to exceed market forecasts for revenue, a positive signal for the London-listed technology company.
London stocks rose on hopes that a diplomatic solution to the Russia-Ukraine war is on the horizon, boosting investor confidence.
A new survey reveals that tenants in England are spending an 'unaffordable' 36% of their income on rent, highlighting the country's severe housing affordability crisis.
The average asking price for a UK property has fallen by 1.3% in August, as sellers price their homes more competitively during a typical summer dip.
Construction giant Balfour Beatty has reported a lift in profits and is optimistic about a boost from its UK construction projects.
New data reveals a 'heartbreaking' trend with more than 200 pubs across the UK closing their doors in just the last six months, highlighting the severe challenges facing the hospitality sector.
Construction and infrastructure giant Balfour Beatty has reported a lift in its profits, citing a strong performance from its UK-based construction and infrastructure projects.
Travel giant Tui has reported a jump in profits, defying the challenges of extreme heatwaves and the ongoing conflict in the Middle East.
Homebuilder Persimmon has sold more homes but has warned that high mortgage costs are still a 'barrier' to buyers.
Homebuilder Bellway has announced it is acquiring more land for future developments but has issued a warning about significant delays in securing planning permission from local councils.
UK homebuilder Bellway has warned that its ability to meet housing demand is being hindered by 'frustrating' planning delays from local councils.
Homebuilder Bellway has announced it is acquiring more land for future developments but has issued a warning about significant delays in securing planning permission from local councils.
Dr Martens has reported a slide in profits but has stated that it remains on track for a return to growth in the coming year.
Britain's economy grew by 0.3% in the second quarter, a slowdown from the first quarter but better than anticipated by market analysts.
Chancellor Rachel Reeves has pledged to make boosting the UK's productivity a key focus of her upcoming Autumn Budget.
An explainer has been published on 'Pisces', a potential new UK stock market that could provide an alternative to the London Stock Exchange's main market.
UK economy grew 0.3% in Q2 2025, beating expectations amid tariff and jobs headwinds.
The UK economy expanded by 0.3% in Q2 2025, outpacing expectations and easing recession fears.
Monthly GDP rose 0.4% in June, with services, manufacturing and construction all contributing.
Online sports betting operator Flutter has raised its full-year profit guidance after a record quarter, driven by strong growth in the US market.
Insurance company Royal London has reported a 15% increase in pre-tax profit for the first half of 2025, buoyed by higher business sales and a successful entry into the bulk purchase annuity (BPA) market.
The Bank of England's Monetary Policy Committee voted to cut the base rate by 0.25 percentage points to 4.0%, marking the fifth consecutive cut in a year.
