Picture of SIG logo

SHI SIG News Story

0.000.00%
gb flag iconLast trade - 00:00
Consumer CyclicalsSpeculativeSmall CapValue Trap

UK's SIG warns of first-half profit fall as construction slump drags on

April 30 (Reuters) - British building material supplier SIG SHI.L warned of lower first-half profit after posting a 5% decline in first-quarter like-for-like sales on Thursday, as unusually poor weather across Europe at the start of the year and a protracted cyclical downturn in construction weighed on demand.

 (Reporting by DhanushVignesh Babu in Bengaluru; Editing by Mrigank Dhaniwala)

 ((DhanushVignesh.Babu@thomsonreuters.com))

Recent news on SIG

See all news