SigmaRoc delivers first-quarter growth, maintains 2025 outlook

(Alliance News) - SigmaRoc PLC on Thursday reported double-digit growth in revenue and earnings for the first quarter of 2025, with the European lime and minerals group reaffirming its full-year outlook ahead of its annual general meeting.

Group revenue rose 18% year-on-year to GBP252 million, while underlying earnings before interest, tax, depreciation and amortisation climbed 30% to GBP49 million.

Its Ebitda margin improved to around 19% from 18%, supported by proactive product mix and network optimisation.

Volumes of high-grade minerals were marginally higher compared to the prior year, while stone and value-added products were modestly lower due to ongoing efficiency efforts, including plant closures under its synergy programme.

Chief Executive Officer Max Vermorken said: "Although the political and economic environment is currently volatile, the lime and minerals markets are indispensable to the proper functioning of all areas of the European economy."

The company said its synergy programme remains on track to deliver at least EUR40 million in savings. It also noted the recent approval of an infrastructure fund in Germany as a potential stimulus for demand in the construction, steel and energy sectors.

Despite macroeconomic uncertainty, SigmaRoc said its diversified business leaves it well-positioned to capitalise on growth opportunities, and its guidance for 2025 remains unchanged.

SigmaRoc will host a capital markets day on May 7 to update investors and analysts on strategy and business development.

Shares in SigmaRoc were up 3.4% at 93.66 pence in London on Thursday afternoon.

By Eva Castanedo, Alliance News reporter

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