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SIG PLC - Sheffield, England-based insulation, roofing, commercial interiors and construction products supplier - Expects underlying operating profit in 2023 to be in the upper half of its guidance range of £50 to £55 million. This would be down sharply from £80.2 million in 2022. Expects revenue of £2.76b billion, edging up from £2.74 billion a year prior. ‘Despite challenging market conditions across the European building and construction sector, the group has delivered a robust trading performance, through a strong focus on our customers and the great efforts of all our people,’ says Chief Executive Officer Gavin Slark.
Current stock price: 32.85 pence, up 2.2%
12-month change: up 5.1%
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