- Pivot to net debt position
- Busy on the acquisition trail
Lords Trading Group (LORD) has been trading on Aim since midway through 2021. A distributor of building, plumbing, heating and DIY products, the company is exposed to fluctuations in construction markets. Despite lingering anxieties over whether successive interest rate hikes will have a cooling effect on industry activity, Lords has delivered pleasing numbers for 2022, sending the shares upward on results day.