REG - Lords Group Trading - Notice of FY-2022 Results

Lords TradingAnnouncement

15/03/2023 07:15

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RNS Number : 9521S  Lords Group Trading PLC  15 March 2023

 

 For immediate release  15 March 2023

 

 

Lords Group Trading plc

('Lords' or the 'Group')

 

Notice of FY-2022 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 2022 on Wednesday, 5 April 2023.

 

There will be an in person presentation for analysts at 09.00hrs (BST) on the
day of the announcement, hosted by Shanker Patel (CEO) and Chris Day (CFO and
COO), at Buchanan's offices at 107, Cheapside, London EC2V 6DN.  Please
contact Buchanan for further details.

 

For retail investors, the Group will also be presenting its FY-2022 results
via the Investor Meet Company platform and the Group will separately provide
details of this meeting this morning.

 

- 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 and Chief Operating Officer

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

 

 Berenberg (Joint Broker)                               Tel: +44 (0)20 3207 7800

 Matthew Armitt / Richard Bootle / Ciaran Walsh

 Buchanan Communications                                Tel: +44 (0) 20 7466 5000
 Henry Harrison-Topham / Jamie Hooper / Abby Gilchrist  LGT@buchanan.uk.com (mailto:LGT@buchanan.uk.com)

 

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 25 locations in the UK.

 

·    Plumbing and Heating: a specialist distributor in the UK of plumbing
and heating 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 16
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 41 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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