REG - Lords Group Trading - Notice of FY-2021 Results

Lords TradingAnnouncement

30/03/2022 07:00

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RNS Number : 4377G  Lords Group Trading PLC  30 March 2022

 

 For immediate release  30 March 2022

 

 

Lords Group Trading plc

('Lords', the 'Company' or the 'Group')

 

Notice of FY-2021 Results

 

Lords, a leading distributor of building materials in the UK, announces that
it will be publishing its full year results for the 12 months ended 31
December 2021 on Tuesday, 24 May 2022.

 

There will be a conference call for analysts at 09.30hrs on the day of the
announcement, hosted by Shanker Patel (CEO) and Chris Day (CFO).  Please
contact Buchanan at LGT@buchanan.uk.com (mailto:LGT@buchanan.uk.com) if you
would like to receive dial in details.

 

For retail investors, the Group will also be presenting its FY-2021 results
via the Investor Meet Company platform and a further announcement detailing
the specific timing for this will be issued in due course.

 

- Ends -

 

FOR FURTHER ENQUIRIES:

 

 Lords Group Trading plc                                                     Via Buchanan
 Shanker Patel, Chief Executive Officer                                      Tel: +44 (0) 20 7466 5000
 Chris Day, Chief Financial Officer

 Cenkos Securities plc                                                       Tel: +44 (0)20 7397 8900
 Ben Jeynes / Max Gould / Dan Hodkinson (Corporate Finance)
 Alex Pollen (Sales)

 Buchanan Communications                                                     Tel: +44 (0) 20 7466 5000
 Henry Harrison-Topham / Stephanie Whitmore / Kim Looringh-van Beeck / Kiki  LGT@buchanan.uk.com (mailto:LGT@buchanan.uk.com)
 Norman

 

Notes to editors:

Lords is a specialist distributor of building, plumbing, heating and DIY
goods.  The Group principally sells to local tradesmen, small to medium sized
plumbing and heating merchants, construction companies and retails directly to
the general public.

 

The Group operates through the following two divisions:

 

·     Merchanting: supplies building materials and DIY goods through its
network of merchant businesses and online platform capabilities.  It operates
both in the 'light side' (building materials and timber) and 'heavy side'
(civils and landscaping), through 30 locations in the UK.

 

·     Heating and Plumbing: a specialist distributor in the UK of heating
and plumbing products to a UK network of independent merchants, installers and
the general public.  The division offers its customers an attractive
proposition through a multi-channel offering.  The division operates over
nine locations enabling nationwide next day delivery service.

 

Lords was established over 35 years ago as a family business with its first
retail unit in Gerrards Cross, Buckinghamshire.  Since then, the Group has
grown to a business operating from 39 sites.  Lords aims to become a £500
million turnover building materials distributor group by 2024 as it grows its
national presence.

 

Lords was admitted to trading on AIM in July 2021 with the ticker LORD.L.
For additional information please visit www.lordsgrouptradingplc.co.uk
(http://www.lordsgrouptradingplc.co.uk/) .

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