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SIG Plc Posts H1 Underlying Profit Before Tax Of £30.0 Mln
Mitie Awarded 5-Yr Multi-Service Facilities Management Contract With SIG
SIG Reports Lower Sales On Weak Construction Activity
SIG plc is a United Kingdom-based distributor of building products in Europe. The Company is engaged in the supply of specialist products to construction and related markets. It operates in two segments: UK & Ireland and Mainland Europe. It focuses its activities into approximately three product sectors: Insulation and Energy Management; Exteriors, and Interiors. It supplies insulation products in Europe, which include structural insulation, technical insulation, construction accessories, fixings and dry lining. It supplies roofing products in the United Kingdom, which include tiles, slates, membranes and battens for pitched roofs; single-ply flat roofing systems; plastic building products, including fascias, soffits and guttering, and room-in-roof panel systems. It supplies interior fit out products in Europe, which include dry lining, doorsets, floor coverings and washrooms. Its subsidiaries include SIG Finance Limited, SIG Dormant Number 4 Limited and SIG Fixings Limited.
Constr. - Supplies & Fixtures
Signet House, 17 Europa View
Andrew J. Allner
Non-Executive Chairman of the Board
Chief Executive Officer, Executive Director
Nicholas William Maddock
Chief Financial Officer, Executive Director, IR Contact Officer
Richard Charles Monro
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London's blue-chip shares dipped on Friday with losses led by oil majors and Diageo after a double rating downgrade, while investors were cautious ahead of key U.S. jobs data that would give further clarity on the health of the world's biggest economy.
Building materials supplier SIG Plc <SHI.L> on Friday sounded another warning for Britain's construction industry as it blamed a marked deterioration in activity for lower first half like-for-like sales, sending its shares down as much as 12%.The construction industry in...
SIG Plc reported a fall in sales for the first four months of the year as it battled an increasingly challenging construction market in Britain, although the building materials supplier clung onto its annual profit expectations.
SIG Plc said on Wednesday that like-for-like sales fell more than 9 percent in Britain for the first four months of the year, troubled by an increasingly challenging construction market.
British building materials supplier SIG's cost-saving efforts helped it post a 25 percent jump in full-year profit, lifting its share price by 11 percent on Friday, although it warned sales could continue to fall in 2019.
Building materials supplier SIG Plc forecast lower like-for-like sales for the first half of the year, as it struggles with sluggish construction markets in UK, France and Germany.
Building materials supplier SIG Plc <SHI.L> on Tuesday reported a 1.4 percent fall in group revenue from continuing operations for the year, hit by a slowdown in construction markets in UK, France and Germany.
Building material supplier SIG Plc on Tuesday reported a 1.4 percent fall in group revenue from continuing operations for the year, hit by a slowdown in construction markets in UK, France and Germany.
* SIG highly dependent on suppliers of raw material- CEO (Recasts with CEO comments)
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.
Britain's SIG Plc <SHI.L> on Wednesday named Ernst & Young LLP as its external auditor, days after UK's accounting watchdog began an investigation into Deloitte LLP's audit of the building products group.
British building products supplier SIG Plc said on Wednesday it appointed Ernst & Young LLP as its external auditor, a week after UK's accounting watchdog began an investigation into Deloitte LLP's audit of the company's two financial statements.
UK's accounting watchdog said on Thursday it began an investigation into Deloitte LLP's audit of two annual financial statements of SIG Plc <SHI.L> and is focusing on the audit of cash and supplier rebates.
UK's accounting watchdog said on Thursday it began an investigation into Deloitte LLP's audit of two annual financial statements of SIG Plc, a distributor of specialist building products in Europe.
SIG Plc on Friday posted a 4.3 percent rise in full-year pretax profit, helped by strong demand in Europe amid a restructuring turnaround in several of its businesses.
Building products distributor SIG Plc posted a 4.3 percent rise in full-year pretax profit, helped by strength in mainland Europe.
* CHRIS GEOGHEGAN, A NON-EXECUTIVE DIRECTOR AND SENIOR INDEPENDENT DIRECTOR OF COMPANY, HAS TODAY RETIRED FROM BOARD
* FY UNDERLYING PRETAX PROFIT 79.2 MILLION STG VERSUS 75.9 MILLION STG YEAR AGO
* HAS AGREED TERMS TO SELL TRADE AND ASSETS OF SIG BUILDING SYSTEMS
Britain's SIG Plc <SHI.L> overstated its 2016 profit by up to 3.7 million pounds, the building products distributor said on Thursday after a review, less than a month after it revealed an overstatement of cash and trade payables.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.