SIG Share News (SHI)

IN BRIEF: SIG expects 2023 profit to drop year-on-year

SIG PLC - Sheffield, England-based insulation, roofing, commercial interiors and construction products supplier - Expects underlying operating profit in 2023 to be in the upper half of its guidance range of GBP50 to GBP55 million. This would be down sharply from GBP80.2 million in 2022. Expects revenue of GBP2.76b billion, edging up from GBP2.74 billion a year prior. "Despite challenging market conditions across the European building and construction sector, the group has delivered a robust trading performance, through a strong focus on our customers and the great efforts of all our people," says Chief Executive Officer Gavin Slark.

SMALL-CAP WINNERS & LOSERS: MJ Gleeson sees half-year home sales drop

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.

SIG FY operating profits seen at upper end of guidance

(Sharecast News) - Specialist construction products supplier SIG said on Tuesday that full-year operating profits were expected to be in the upper half of forecasts.

SMALL-CAP WINNERS & LOSERS: Pharos Energy rises as oil prices spike

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

LONDON BROKER RATINGS: Stifel says hold S&N; JPM neutral on Deliveroo

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

SIG shares sink as profit expectations lowered on "weaker demand"

(Alliance News) - SIG PLC shares toppled on Thursday after lowering its profit expectations and saying it expects weaker demand conditions in the second half of the year.

SMALL-CAP WINNERS & LOSERS: Restaurant Group surges on takeover deal

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

SIG shares tumble on profit warning

(Sharecast News) - Insulation and building products supplier SIG issued a profit warning on Thursday, sending shares lower in early trading.

IN BRIEF: SIG replaces Lovell with Kath Durrant as senior director

SIG PLC - Sheffield, England-based insulation, roofing, commercial interiors and construction products supplier - Says that its existing non-executive director and chair of the remuneration committee, Kath Durrant, will assume the role of senior independent director with effect from Monday. Durrant succeeds Alan Lovell, who remains a non-executive director of the company.

SMALL-CAP WINNERS & LOSERS: Oxford BioMedica rises on ABL Europe deal

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday.

Rotork holds forecasts on upbeat long-term outlook

(Sharecast News) - Building materials group SIG reported a 23% drop in first-half profits on Tuesday, but stuck to its full-year forecasts as painted an upbeat picture around the long-term demand for sustainable construction projects.

Challenging conditions dent 1H profit for SIG

(Sharecast News) - Building materials group SIG reported a 23% drop in first-half profits on Tuesday, but stuck to its full-year forecasts and painted an upbeat picture around the long-term demand for sustainable construction projects.

SIG reports half year profit fall with "challenging market conditions"

(Alliance News) - SIG PLC on Tuesday reported a narrow revenue rise but a pretax profit fall, citing a "difficult" market environment the company was operating in.

LONDON BRIEFING: abrdn assets fall; Spirax-Sarco CEO steps down

(Alliance News) - Stocks in London are called to open lower on Tuesday, following news that Germany's yearly inflation rate eased in July, with investors now nervously awaiting readings from China and the US later this week.

UK earnings, trading statements calendar - next 7 days