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SHI SIG News Story

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Consumer CyclicalsSpeculativeSmall CapValue Trap

UK's SIG rises as co expects narrower like-for-like sales decline in March, April

** Shares of British building materials supplier SIG SHI.L up 5% at 8.08 pence

** Co says trading started to improve from March; expects like-for-like sales decline of 2%-3% over March and April vs 5% fall in Q1

** SHI says Q1 cash flow ahead of plan, group continues to expect to maintain healthy liquidity throughout year

** Despite gains, SHI down about 23% YTD

 (Reporting by Megha Anilkumar Nair)

 ((MeghaAnilkumar.Nair@thomsonreuters.com;))

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