September 21, 2018 / 6:21 AM / 3 months ago

Britain's SIG first-half profit hit by project delays in winter

Sept 21 (Reuters) - British construction materials supplier SIG Plc on Friday reported a 21.8 percent fall in first-half underlying pre-tax profit as builders delayed projects because of Britain’s long icy winter.

SIG, which operates across the UK, Ireland and Mainland Europe, said underlying pre-tax profit fell to 26.9 million pounds ($35.7 million) in the six months ended June 30, from 34.4 million pounds, a year ago. ($1 = 0.7543 pounds) (Reporting by Noor Zainab Hussain and Samantha Machado in Bengaluru; Editing by Amrutha Gayathri)

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