The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSigmaroc. Share News (SRC)

Share Price Information for Sigmaroc. (SRC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 63.50
Bid: 63.60
Ask: 63.90
Change: -1.60 (-2.46%)
Spread: 0.30 (0.472%)
Open: 64.80
High: 65.50
Low: 63.50
Prev. Close: 65.10
SRC Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TRADING UPDATES: SigmaRoc eyes annual revenue to be ahead of guidance

Mon, 12th Dec 2022 15:01

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

----------

SigmaRoc PLC - London-based quarried materials company - Says revenue for the 11-month period ended on November 30 is up 20% to GBP498 million year-on-year on a like-for-like basis. "Demand conditions have evolved broadly as expected across market segments, with the group benefitting from its broad end market and geographic diversification", it explains. Says it expects to report revenue and earnings before interest, tax, depreciation and amortisation for 2022 to be ahead of consensus estimates. Confirms 2023 outlook unchanged.

----------

Springfield Properties PLC - housebuilder in Scotland - Says revenue is expected to increase in the first half of financial 2023 and remains on track for good revenue growth for the full year. But it says it is taking a cautious approach to expectations of future sales rates as a result of the "continued market uncertainty". Expects profit before tax for the financial year be to below that of last year due to the Scottish government's introduction of a temporary rent freeze. Looking ahead, says it is focused on "maintaining tight cost control during this volatile period".

----------

K3 Capital Group PLC - Bolton, England-based professional advisory services firm, focused on M&A, tax and restructuring - Expects to report revenue in the region of GBP42 million during the first six months of financial 2023, up from GBP31.2 million the year before, "delivering profits in line with expectations", it says. Says it is confident of meeting full-year guidance. "Our Restructuring division continues to see an uptick in activity levels and this is clearly a strong indicator of growing demand as the headwinds seen across the restructuring market now turn to tailwinds", says Chief Executive Officer John Rigby.

----------

Bigblu Broadband PLC - London-based broadband provider - Says total revenue is up 15% for the year ended November 30 to GBP31.2 million from GBP27.1 million the year before. Adjusted earnings before interest, tax, depreciation and amortisation amounts to GBP5.0 million, slightly up from GBP4.6 million after investment in New Zealand and new product launches in Norway. Looking ahead, says its confident of realising return in new Norwegian joint venture.

----------

By Xindi Wei, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2022 Alliance News Ltd. All Rights Reserved.

More News
16 Apr 2019 12:44

Tuesday broker round-up

(Sharecast News) - Galliford Try: Peel Hunt downgrades to hold with a target price of 700p.

Read more
15 Apr 2019 11:18

SigmaRoc Acquires 40% Stake In GDH Holdings For GBP5 Million

LONDON (Alliance News) - Construction materials group SigmaRoc PLC said on Monday it has acquired a 40% stake in South Wales-based quarrying group GDH (Holdings) Ltd for GBP4.9 million.In a

Read more
15 Apr 2019 09:48

SigmaRoc buys chunk of Welsh quarry operator GDH

(Sharecast News) - Buy-and-build construction materials group SigmaRoc has acquired a 40% equity interest in south Wales quarrying group GDH for a cash consideration of £4.89m, it announced on Monday.

Read more
1 Feb 2019 14:04

SigmaRoc Issues GBP750,000 Of Shares For 2017 Poundfields Deal (ALLISS)

LONDON (Alliance News) - SigmaRoc PLC on Friday said it has issued shares as part of the deferred consideration made for an acquisition in 2017.Construction materials firm SigmaRoc bought a

Read more
25 Jan 2019 14:07

SigmaRoc Raises GBP12 Million Toward CCP Building Products Purchase (ALLISS)

LONDON (Alliance News) - SigmaRoc PLC on Friday said it raised GBP12.4 million in cash to part-fund the initial consideration for the acquisition of CCP Building Products Ltd.Back in the to

Read more
24 Jan 2019 13:25

SigmaRoc Increases Santander Facility To GBP34 Million (ALLISS)

LONDON (Alliance News) - SigmaRoc PLC on Thursday said it entered into an agreement with Santander UK PLC to increase its credit facilities to GBP34 million.The company will use the funds

Read more
17 Jan 2019 14:29

SigmaRoc Refinances Convertible Loan Notes; 2018 Revenue Surges (ALLISS)

LONDON (Alliance News) - SigmaRoc PLC on Thursday said it expects to report double digit revenue growth in 2018 on improved performance of its Ronez division.The AIM-listed construction it

Read more
10 Jan 2019 13:19

SigmaRoc Hires Tarmac Director McClelland To Help With Foelfach Quarry

LONDON (Alliance News) - SigmaRoc PLC on Thursday said it appointed David McClelland as managing director following the purchase of Foelfach quarry located in Carmarthenshire, south AIM-listed the

Read more
10 Jan 2019 11:40

SigmaRoc strengthens focus on west and south west UK

(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.

Read more
10 Dec 2018 15:35

SigmaRoc Buys Concrete Firm CCP, Adjusts Debt Amid Strong Results

LONDON (Alliance News) - Construction materials firm SigmaRoc PLC said Monday it has acquired a concrete firm for GBP15 million amid "strong" results for the firm during the first ten of

Read more
7 Nov 2018 11:46

SigmaRoc Director Drinkwater Resigns Due To Personal Health Reasons

LONDON (Alliance News) - Buy-and-build construction material company SigmaRoc PLC said Wednesday that Director Gary Drinkwater resigned from the board with immediate effect.Drinkwater down

Read more
28 Sep 2018 14:06

SigmaRoc Half-Year Revenue And Profit Jump; Will Meet Annual Targets

LONDON (Alliance News) - SigmaRoc PLC on Friday reported a sharp rise in first half profit and revenue on the back of a contribution from acquisitions and a good performance in the Channel Islands

Read more
21 May 2018 11:50

SigmaRoc Swings To Profit In 2017 After Ronez Acquisition

LONDON (Alliance News) - SigmaRoc PLC said on Monday that it swung to a profit in 2017 as a result of acquiring Ronez Ltd.For the year ended December 31, the construction company made a of

Read more
5 Jan 2017 09:04

SigmaRoc completes first acquisition and £50m placing

(ShareCast News) - SigmaRoc, formed as a cash shell with a buy-and-build strategy focused on the construction materials sector, has completed its acquisition of Ronez from concrete colossus LafargeHolcim group, for £45m in cash. The acquisition, which constituted a reverse takeover of the company du

Read more
15 Dec 2016 09:06

SigmaRoc to buy Channel Islands-based building supplier for £45m

(ShareCast News) - Construction investor SigmaRoc is to buy channel Islands-based building product supplier Ronez for £45m in cash after raising £50m in equity. The AIM-listed company is to buy Ronez, a subsidiary of Aggregate Industries, which is part of the LafargeHolcim Group, a Swiss building ma

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.