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Share Price: 66.90
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SigmaRoc strengthens focus on west and south west UK

Thu, 10th Jan 2019 11:40

(Sharecast News) - Buy-and-build construction materials group SigmaRoc updated the market on two key developments in the continued roll-out of its growth strategy on Thursday.The AIM-traded firm said that, following the passing of all resolutions at its general meeting on 27 December, it was now focussed on developing its footprint in the west and south west of the UK.It also announced that it had appointed David McClelland to its executive committee as managing director for its third platform, located in the west and south west of the UK.McClelland was most recently a member of Tarmac's UK executive committee, overseeing more than £700m in turnover, 900 employees and 83 quarries, asphalt and concrete plants for Tarmac's UK central and western region, where he was responsible for a near three-fold increase in profitability.As an executive committee member at SigmaRoc, McClelland would take responsibility for building the group's third aggregates and quarrying focussed platform.The first asset in the platform that McClelland would oversee would be the Foelfach Quarry - a high polished stone value quarry, located in Carmarthenshire, South Wales.Sources of high PSV aggregates were said to be "scarce" in the UK, and were of key importance for road surfacing because of their skid resistance qualities.Only an estimated 8% of UK quarries produced high PSV materials, SigmaRoc explained.Foelfach was acquired by SigmaRoc for a non-material consideration during 2018, at which time its resource was estimated to be 1.8 million tonnes of high PSV minerals.Post-acquisition, Sandybed Geological Services had worked with the firm's technical team to prove up a materially larger resource of four million tonnes of high PSV materials.Under McClelland's leadership, the group said it would look to achieve a four-fold increase in the quarry's existing output to 80,000 tonnes per year, and it would serve as a launchpad for the expansion into the high PSV and asphalt markets."I am extremely proud that SigmaRoc is able to attract talent of the highest caliber," said SigmaRoc chief executive officer Max Vermorken."David McClelland brings decades of technical, managerial and strategic experience in our sector."With Foelfach as a starting point, David will help build our third Platform in a region he knows well."
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5 Sep 2023 16:14

EARNINGS: Strip Tinning first half loss narrows; SigmaRoc profit rises

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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5 Sep 2023 11:58

SigmaRoc posts strong set of interim numbers

(Sharecast News) - Quarried materials specialist SigmaRoc reported strong first-half numbers on Tuesday, including 17% growth in revenue to £290m, and a 15% increase in EBITDA to £54.9m.

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29 Aug 2023 15:45

UK earnings, trading statements calendar - next 7 days

Wednesday 30 August 
Flowtech Fluidpower PLCHalf Year Results
Prudential PLCHalf Year Results
Quarto Group IncHalf Year Results
TheWorks.co.uk PLCFull Year Results
Thursday 31 August 
Alfa Financial Software Holdings PLCHalf Year Results
BBGI Global Infrastructure SAHalf Year Results
Gem Diamonds LtdHalf Year Results
Gulf Keystone Petroleum LtdHalf Year Results
Grafton Group PLCHalf Year Results
Oxford Cannabinoid Technologies Holdings PLCFull Year Results
PensionBee Group PLCHalf Year Results
PPHE Hotel Group LtdHalf Year Results
Revolution Beauty Group PLCFull Year Results
Somero Enterprises IncFull Year Results
Friday 1 September 
no events scheduled 
Monday 4 September 
Ashtead Technology Holdings PLCHalf Year Results
Belvoir Group PLCHalf Year Results
Tuesday 5 September 
Alumasc Group PLCFull Year Results
Ashtead Group PLCQ1 Results
Blackbird PLCHalf Year Results
Craneware PLCFull Year Results
DS Smith PLCTrading Statement
Ecora Resources PLCHalf Year Results
Eurocell PLCHalf Year Results
Gamma Communications PLCHalf Year Results
GetBusy PLCHalf Year Results
Headlam Group PLCHalf Year Results
Johnson Service Group PLCHalf Year Results
Luceco PLCHalf Year Results
Michelmersh Brick Holdings PLCHalf Year Results
Midwich Group PLCHalf Year Results
Pebble Group PLCHalf Year Results
Shearwater Group PLCFull Year Results
SigmaRoc PLCHalf Year Results
STV Group PLCHalf Year Results
Tissue Regenix Group PLCHalf Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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24 Jul 2023 11:58

SigmaRoc reports half-year revenue growth, maintains expectations

(Alliance News) - SigmaRoc PLC on Monday said its interim revenue grew on higher market demand and said it will maintain its full-year expectations.

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24 Jul 2023 10:33

SigmaRoc upbeat on strong first half

(Sharecast News) - Quarried materials specialist SigmaRoc reported significant growth in revenue and underlying EBITDA in a first-half trading update on Monday.

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3 Jul 2023 14:30

IN BRIEF: SigmaRoc signs deal to produce low carbon concrete products

SigmaRoc PLC - London-based buy-and-build group targeting construction materials assets in the UK and Northern Europe - Signs deal with Material Evolution to develop a range of low carbon concrete products. Mevo is an advanced materials company producing low carbon cement from industrial waste streams. Mevo has created a process, producing an emission-free substitute for ready-mix and precast concrete. "This innovative manufacturing process effectively addresses the problem of high CO2 emissions from conventional cement production by producing cement at ambient temperatures using various waste materials and feedstocks, thereby eliminating the reliance on fossil fuels," Sigma adds.

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3 Jul 2023 08:19

SigmaRoc enters strategic partnership with Mevo

(Sharecast News) - Quarried materials specialist SigmaRoc announced a strategic partnership with Material Evolution (Mevo) on Monday - an advanced materials company that specialises in producing low-carbon cement from industrial waste streams.

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22 Jun 2023 11:59

SigmaRoc progresses carbon capture goal with Swedish unit installation

(Alliance News) - SigmaRoc PLC on Thursday said that it has installed its first carbon capture unit at Nordkalk Oy AB's site in Koping, Sweden.

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22 Jun 2023 10:19

SigmaRoc installs carbon capture system at Nordkalk

(Sharecast News) - Quarried materials group SigmaRoc reported a significant milestone on Thursday, with the successful installation of its inaugural carbon capture unit at Nordkalk's site in Köping, Sweden.

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25 Apr 2023 21:53

TRADING UPDATES: PetroTal average quarterly production up

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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25 Apr 2023 13:29

SigmaRoc reports solid first quarter ahead of expectations

(Sharecast News) - Specialist quarried materials company SigmaRoc updated the market on its trading on Tuesday, reporting a solid first quarter performance.

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18 Apr 2023 15:49

UK shareholder meetings calendar - next 7 days

Wednesday 19 April 
British American Tobacco PLCAGM
Hunting PLCAGM
Primary Health Properties PLCAGM
RM PLCGM re sale of the RM Integris & Finance Business 
SThree PLCAGM
Tekmar Group PLCGM re placing and subscription
Thursday 20 April 
Cineworld Group PLCGM re loss of capital
Jarvis Securities PLCAGM
Franchise Brands PLCGM re acquisition of Pirtek Europe
Relx PLCAGM
Haleon PLCAGM
Friday 21 April 
Aukett Swanke Group PLCAGM
Murray International Trust PLCAGM
Senior PLCAGM
System1 Group PLCGM re board changes
Monday 24 April 
CentralNic Group PLCAGM
Ground Rents Income Fund PLCEGM re changes to the investment policy and new board fees
Tuesday 25 April 
Aquis Exchange PLCAGM
Beazley PLCAGM
Coro Energy PLCGM re disposal of the Italian natural gas assets
Entain PLCAGM
GlobalData PLCAGM
Hydro Hotel Eastbourne PLCAGM
NatWest Group PLCAGM
Schroder Asian Total Return Investment Co PLCAGM
SigmaRoc PLCAGM
VH Global Sustainable Energy Opportunities PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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6 Apr 2023 12:00

SigmaRoc and Swedish state both appeal court verdict

(Sharecast News) - Specialist quarried materials group SigmaRoc announced that both the company and the Swedish state had filed appeals against a recent court verdict.

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6 Apr 2023 11:59

IN BRIEF: Sweden appeals SigmaRoc's successful claim against state

SigmaRoc PLC - quarried materials company - Says Sweden has appealed SigmaRoc's successful claim against the state, and so it has also appealed. Says it remains confident in the merits of its case and will keep the markets informed of any further developments. Follows announcement on March 15, saying it was successful in seeking compensation from Sweden for land use restrictions related to subsidiary Nordkalk AB, acquired in August 2021. Nordkalk awarded compensation of SEK188 million, around GBP17 million. Will be adjusted for inflation and interest until payment is made.

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27 Mar 2023 15:01

EARNINGS UPDATES: Belvoir ups yearly payout; SigmaRoc swings to profit

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday not separately reported by Alliance News.

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