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SIG is and remains paralyzed: they don't have enough money for operating resources. In the last 5 years they have done too many restructurings, which means they cannot give their customers the desired service. They lost many skilled employees, have hardly any stock... Hence the policy of low prices, which sinks them further into the swamp. Customers drop out because of poor service. Competitors anticipate growing market prospects much more quickly.

I expect them to sell a lot of companies in Europe in order to completely withdraw from the British and Irish markets. That could perhaps be a turning point.

No matter what company, they always announce it more positively than the reality. Above all, shareholders should not be alarmed.

I do not comment on the figures and circumstances in the U.K. but on the mainland they continue to lose market share and competitors are doing noticeably better.

"Challenging" circumstances are therefore a disguise for "I'm not completely comfortable with it".

I remain convinced that SIG will withdraw from the mainland in 2025 or 2026.

Strang, In Europe main country, sales and market is stabil. Some even strong grows, in spite of SIG ans some others.

Why would you think so?

@garageman49
If you had really worked on the floor at SIG, you certainly wouldn't say that!

Be sure they will!

The turnover is in line with the price evolution of the building materials over 2021 (+25-30%). If the benifits are in balance, the market share is status quo. Otherwise....

We 'll find out in a couple of months.

Insulation is future and revers.
Therefore, it is interesting to compare their results with their competitors: mainly turnover, profits, debts and assets. This both in UK and mainland.

As I said months ago, they will sell there overseas activities, but not this year. I presume 2026.

Strange!

In the past, they sold at decent margins. Currently they sell at very low margins, sporadically probably loss-making.
Explanation: Their goal (mainland Europe) is to double their turnover by 2025. However, they have lost a lot of credibility in recent years (staff turnover, no stock, not keeping promises). Those two things force them to sell at very low margins, otherwise they won't succeed.
Conclusion: they are trying to double their turnover to sell all their companies in Europe by 2025. Then hopefully they can pay dividends.

This is simply an overview of the price increases that the manufacturers are implementing as a result of the increased raw material prices. Each distributor receives these lists, and the percentages are the same everywhere. Broadly speaking, you can say that the price increases (>35% over a year) will increase turnover proportionally. But it all depends on the prices at which it is ultimately sold. So this document says nothing at all.

Beati pauperes spiritu, quoniam ipsorum est regnum caelorum.

What do you expect me to do? Post market sensitive documents in a chat box? If you want to have proves, start doing research in the market. That will be the only possibility. AS i am still in construction business, I see what are the Everyday. It's your own right to believe it or not.

Question: if bussiness is as good as SIG mention in their reports, why is the share price still low¿ Maybe other groups are more interesting? Maybe main shareholders have more information than small shareholdes?

Sure! Nearly everyday we see prices that sig brands put in the market. I am still in the bussines, so we know whats going in. Clue: customers do not only buy for price, but are still sensitive for servicese beneath price.

Well mr Culpepper, I presume the price will rize next week. As companies publish there yearly report, they will always present it as a good news show. Months later, they will lower.
As some people says: construction ans insulation are booming. SIG will profit a little bit, but the stronger competitors wil get the biggest parts.
Actualy SIG is lowering prices to gain revenue, but at cost of marges. What about a company with high revenus at low margins? Will they get profit? I don't think so. In maybe to your 3 years day will sell lots of brands in europe, and turn back to the UK. Maybe then shares will rize.
Investing in construction en insulation is oké. But you better choose another company to put your money on.

I have carefully read the explanation of “Insultion”. This perfectly reflects what is going on within SIG. I also note that there is a big difference in the opinion of SIG staff in the UK and on the European mainland. That confirms the impression I had when I attended a conference (with company visit) in the UK.
In the UK they can apparently keep up appearances. While the reputation in mainland Europe is very lousy. Just as “Insulation” describes it.

Melseth, why should I answer your question? You will only believe what you want to believe.
"Shame" said Don Quichot!