SIG losses widen amid ongoing softness in construction activity
4th Aug 2026 07:14
(Sharecast News) - SIG struck a cautious tone on the outlook on Tuesday as it posted a widening of its first-half losses as revenues dipped amid ongoing softness in construction activity across most markets.
Read moreSIG launches 'improvement plan' after cutting profit outlook
16th Jul 2026 10:15
(Sharecast News) - Insulation, roofing and construction products supplier SIG said it now no longer expects a recovery in market conditions in the second half of 2026, as it lowered its profit outlook for the full year.
Read moreSIG flags fall in Q1 sales, appoints new finance chief
30th Apr 2026 10:27
(Sharecast News) - SIG said in an update on Thursday that first-quarter sales fell as weak construction demand and poor weather weighed on trading, while the building products supplier also announced the appointment of Simon Kesterton as chief financial officer.
Read moreRBC Capital lowers target price on SIG
29th Apr 2026 08:10
(Sharecast News) - Analysts at RBC Capital Markets lowered their target price on construction products business SIG from 870p to 800p on Wednesday as it updated its model to reflect the firm's new divisional structure and trimmed its adjusted underlying earnings estimates by 10% on average through FY28 reflecting weak underlying market conditions.
Read moreSIG finance chief to join TT Electronics
10th Apr 2026 08:17
(Sharecast News) - The chief financial officer of SIG is stepping down to join TT Electronics, it was announced on Friday.
Read moreSIG flags resilient year despite flat like-for-like sales
13th Jan 2026 10:55
(Sharecast News) - SIG said in an update on Tuesday that its full-year results for 2025 reflected resilient execution and material cost savings against a difficult construction market backdrop, with underlying operating profit expected to rise year-on-year and performance broadly in line with market expectations.
Read moreSIG sticks with guidance, but LFL growth falters in Q3
17th Oct 2025 07:10
(Sharecast News) - Insulation and building products group SIG has reiterated its full-year outlook but reported no growth in underlying sales in the third quarter.
Read moreSIG H1 profits climb 32pc as UK strength offsets European weakness
5th Aug 2025 08:02
(Sharecast News) - Building products supplier SIG posted a resilient set of H1 figures on Tuesday, with improved execution and cost savings helping offset continued weakness in European construction markets.
Read moreSIG reports modest rise in profit, announces new CEO
8th Jul 2025 09:01
(Sharecast News) - SIG reported a modest rise in first-half operating profit on Tuesday, and confirmed its full-year outlook despite subdued demand across its European markets.
Read moreTravis Perkins appoints SIG's Gavin Slark as new CEO
9th May 2025 08:14
(Sharecast News) - Builders' merchant Travis Perkins said on Friday that it has appointed Gavin Slark - the current chief executive of construction group SIG - as its new CEO with effect no later than 1 January 2026.
Read moreSIG reports Q1 LFL sales growth
30th Apr 2025 08:49
(Sharecast News) - Insulation and building products supplier SIG said on Wednesday that like-for-like sales had grown in the three months ended 31 March as it continued to execute on its strategic initiatives to drive cost savings and productivity, and to improve cash generation.
Read moreSIG swings to underlying loss as outlook remains uncertain
5th Mar 2025 08:20
(Sharecast News) - Building products group SIG swung to an underlying loss in 2024 as a result of ongoing challenging market conditions and pointed to continued "softness" in 2025.
Read moreSIG considering tender offer to refinance €300m bond
10th Oct 2024 08:53
(Sharecast News) - Europe-focused building products and specialist insulation supplier SIG has indicated that it is looking a potential tender offer for its existing bonds as it looks to refinance debt.
Read moreSIG holds on to guidance as LFL sales decline eases
2nd Oct 2024 07:11
(Sharecast News) - Europe-focused building products and specialist insulation supplier SIG has reiterated full-year profit guidance after a sequential improvement in like-for-like revenue performance in the third quarter.
Read moreSIG first-half revenue slips as tough markets linger
6th Aug 2024 08:24
(Sharecast News) - SIG reported a decline in first-half revenue in its interim results on Tuesday, reflecting difficult trading conditions across key markets.
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