**Summary of Lords Group Trading PLC Interim Results for H1 2025**
Lords Group Trading PLC, a leading UK distributor of building materials, reported strong growth and strategic progress in its unaudited interim results for the six months ended 30 June 2025. Key highlights include
**Revenue Growth**Group revenue increased by 8.4% to £232.1 million, with like-for-like revenue up 7.0%. The Merchanting division saw a 12.6% revenue rise to £117.7 million, while Plumbing and Heating (P&H) grew by 2.4% to £112.2 million.
**Strategic Acquisitions**The acquisition of Construction Materials Online (CMO), the UKs largest online-only retailer of construction products, for £1.8 million, enhanced the Groups digital capabilities.
**Operational Expansion**Three new Merchanting branches were opened, contributing to organic growth.
**Financial Strengthening**A sale and leaseback of four trading sites generated £13.1 million, reducing net debt by £15.4 million to £20.9 million.
**Profitability**Adjusted EBITDA was £12.1 million, in line with pre-CHMM (Clean Heat Market Mechanism) H1 2024 levels. The interim dividend was maintained at 0.32 pence per share.
**Management Changes**Matthew Webber joined as Chief Operating Officer for P&H, and Neil Lake transitioned to Group Business Development Director.
**Outlook**Despite a competitive market and economic challenges, the Group remains well-positioned for recovery, focusing on operational excellence, customer service, and strategic acquisitions.
The CEO, Shanker Patel, emphasized the Groups market share gains and strategic initiatives, positioning Lords for future growth despite near-term market uncertainties.