UK's SIG PLC FY25 revenue slightly misses estimates, expects soft market conditions in 2026

SIG

04/03/2026 07:13

Overview

UK building products supplier's FY25 revenue slightly missed analyst expectations

Adjusted EBIT for FY25 beat analyst expectations

Company achieved £39m cost savings, improving operating profit despite market challenges

Outlook

SIG expects market softness in 2026, with recovery likely in the second half

Company anticipates improvement in sales over the balance of 2026

SIG aims for a 3-5% operating margin in the medium term

Result Drivers

COST REDUCTION - SIG achieved £39m in cost savings, boosting underlying operating profit despite flat revenue

UK INTERIORS TURNAROUND - UK Interiors segment reported a £9m improvement in operating profit, driven by Insulation and Drylining business

BENELUX IMPROVEMENT - Benelux reduced operating losses by £3.2m through branch closures and cost savings

Company press release: ID:nRSD2006Va

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Slight Miss*
GBP 2.59 bln
GBP 2.60 bln (6 Analysts)
FY Gross Margin
24.20%
FY Adjusted EBIT
Beat
GBP 32.10 mln
GBP 31.16 mln (5 Analysts)
FY Adjusted Pretax Profit
Beat
-GBP 20 mln
-GBP 20.58 mln (6 Analysts)
FY Adjusted EBIT Margin
1.20%


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the construction supplies & fixtures peer group is "buy"

Wall Street's median 12-month price target for SIG PLC is GBp9.30, about 4.1% below its March 3 closing price of GBp9.70

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)