ADVERTISEMENT
LIVE-DESK·Globale Marktredaktion·Last updated 14s ago
ADVERTISEMENT
Märkte/AktienArticle

Latham Group CEO: Revenue Growth, Cost Savings and Market Expansion Plans

Latham Group’s CEO Sean Gadd highlighted 10.5% revenue growth and operational efficiencies at Jefferies’ 2026 Industrials Conference, targeting a 35% gross margin by 2026 amid a market slowdown.

PA
Priya Anand · Equities & Earnings Desk · 20 Sept 2026 · 06:56 · 1 Min. Lesezeit
Teilen
Latham Group CEO: Revenue Growth, Cost Savings and Market Expansion Plans

Latham Group, listed on the SWIM exchange, reported robust financial performance and strategic initiatives during its appearance at the Jefferies Global Industrials Conference in New York on September 10, 2026. The company’s shares traded near fair value at approximately $6.54, with a market capitalization of $769 million, though pre-market data showed a slight dip to $6.14. Revenue for the last twelve months stood at $577 million, reflecting a 10.5% year-over-year increase, while gross profit margins currently sit at 33.4%, with management aiming for 35% by 2026 through lean manufacturing and value engineering programs. These initiatives are expected to yield annual savings of $8 million to $10 million, or $2 million to $2.5 million per quarter, primarily through operational efficiencies and cost reductions in production and distribution.

Dieser Artikel wurde mit KI-Unterstützung erstellt und von einer Finances-Review-Redakteurin bearbeitet.
ADVERTISEMENT
Artikel teilen
PA
Geschrieben von
Priya Anand
Equities & Earnings Desk

Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.

Mehr von Priya Anand →
ADVERTISEMENT
Novara — A Smarter Way to Access Global Markets
ADVERTISEMENT