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BUZZ-SIG: among top UK midcap fallers as results disappoint
May 14, 2015 / 7:37 AM / 3 years ago

BUZZ-SIG: among top UK midcap fallers as results disappoint

** SIG’s shares fall after the building materials supplier says results will be more weighted towards the second half than previously anticipated

** Stock among top pct losers on London’s FTSE-250 midcap index dropping as much as 4.2 pct

** Co blames continuing variable market conditions and adverse foreign exchange movements against a strong comparative last year for larger-than-expected H2 shift

** Sanlam Securities analyst Andy Brown says the comment “may see the share price tread water for a while”

** Stock has gained 27 pct YTD

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