UK's SIG dips on cautious H2 forecast, CEO appointment

SIG

08/07/2025 08:14

** Shares of British building materials supplier SIG PLC SHI.L down 3.4% at 14p, among top losers on FTSE midcap .FTMC index

** Co remains cautious on H2 market improvement, having seen no notable demand increase in H1

** Co appoints Pim Vervaat as CEO

** Co expects FY underlying operating profit in line with market consensus of 31.6 million pounds ($43.06 million), as per a company poll

** SHI down ~12% YTD

($1 = 0.7338 pounds)

 (Reporting by Nithyashree R B in Bengaluru)

 ((NithyashreeRB@thomsonreuters.com))