Lords Group Trading Provides AGM Update
The building materials distributor provides an update ahead of its AGM, highlighting continued trading in line with expectations and recent acquisitions.
The building materials distributor provides an update ahead of its AGM, highlighting continued trading in line with expectations and recent acquisitions.
The prominent distributor of building materials and plumbing/heating goods has acquired the trade and assets of CMO Group, the UK's leading online-only retailer of construction products, in a strategic move to expand its digital capabilities.
The retailer has released its annual report and notice of upcoming AGM, providing shareholders with access to key financial information and details on the upcoming meeting.
The retailer has announced that a non-executive director has purchased a small number of shares in the company.
The building materials distributor faced significant headwinds, reporting a 63.8% drop in adjusted profit and revenue contraction amid challenging market conditions. Management focuses on cost control and strategic initiatives to navigate the downturn.
The building materials distributor has announced a presentation via Investor Meet Company to discuss its FY24 financial results.
The building materials distributor has announced the date for publishing its full year 2024 results.
The leading distributor of building materials has announced the sale and leaseback of four freehold properties for £13.1 million, which will strengthen the retailer's balance sheet and support its growth plans.
The industrial distributor has announced Long Term Incentive Plan Awards for its directors, aligning their compensation with the company's performance.
The industrial distributor is issuing new shares to pay deferred consideration for a previous acquisition, a common practice that is unlikely to significantly impact the business.