Join our community of smart investors

James Latham builds gross margin despite Russia sanctions

The trade distributor has rewarded shareholders with an enhanced payout
James Latham builds gross margin despite Russia sanctions
  • Trade sanctions disrupt industry supplies
  • Sizeable increase in inventories

Energy prices have been rising steeply due to the war In Ukraine, but it doesn’t end there. In response to Russia's invasion, the European Union and the UK banned timber imports from the country as part of their sanction measures. Since then, builders, contractors and manufacturers have been struggling to source suitable timber, as prices were driven up rapidly across Europe.

To continue reading...
Join our Community of Smart Investors
  • Independent full-length company analysis
  • Actionable investment ideas and recommendations
  • Expert investment tools and data
  • Stock screens from Algy Hall
Have an account? Sign in