Notice of FY-2022 Results

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.

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FOR FURTHER ENQUIRIES:

Lords Group Trading plc	Via Buchanan
Shanker Patel, Chief Executive Officer	Tel: [phone]
Chris Day, Chief Financial Officer and Chief Operating Officer
Cenkos Securities plc (Nominated Adviser and Joint Broker)	Tel: [phone]
Ben Jeynes / Max Gould / Dan Hodkinson (Corporate Finance)
Alex Pollen (Sales)

Berenberg (Joint Broker) Matthew Armitt / Richard Bootle / Ciaran Walsh	Tel: [phone]
Buchanan Communications	Tel: [phone]
Henry Harrison-Topham / Jamie Hooper / Abby Gilchrist	[e-mail]

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 .

 

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