SIG
SHI · Main Market · Industrial Goods and Services · mcap £108m · 9.0p
SIG distributes insulation, interiors and roofing products to the construction trade, mainly in the UK, France and Germany. It sells through branch networks and is building e-commerce platforms.
| Target | Promise | Said | Status |
|---|---|---|---|
| 2023 | |||
| FY2023 | Deliver FY2023 underlying operating profit of £50m-£55m | 12 Oct 2023 | ✗ Missed · target changed |
|
Result
Guidance was lowered in this same update; FY23 outturn was £53.1m, within the lowered range. “Underlying 1 operating profit | £53.1m | £80.2m”5 Mar 2024 · Final Results “Underlying1 operating profit of £53.1m, down from £80.2m in 2022, with effective cost actions mitigating in part the impact of operating cost inflation and subdued market demand”5 Mar 2024 · Final Results |
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| Today · 15 Oct 2026 | |||
| 2026 | |||
| FY2026 | Robust FY26 performance weighted to second half | 30 Apr 2026 | ✗ Missed · target changed |
|
Result
July 2026 profit update cut FY26 underlying operating profit guidance to c.£25m; H1 was £10.5m, below expectations. “the Board now expects the FY 2026 underlying operating profit to be c. £25m”16 Jul 2026 · Post-close Trading Update “no material recovery in market conditions in H2 2026 is anticipated”16 Jul 2026 · Post-close Trading Update |
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