Overview
UK lime and minerals group's 2025 revenue rose 4%, meeting analyst expectations
Underlying EPS increased 26% as cost discipline and synergies offset lower volumes
Company completed synergy programme ahead of schedule and reduced leverage to 1.8x
Outlook
SigmaRoc expects 2026 to benefit from structural trends in European lime and limestone markets
Extreme winter conditions slowed construction in Poland and Belgium, but sector activity has since recovered
German stimulus and tariffs expected to support industrial and steel demand, with recovery from H2
Result Drivers
SYNERGY EXECUTION - Accelerated delivery of €40m recurring synergies from CRH Lime Acquisitions offset £17m of volume-related EBITDA loss and lifted group profitability
COST DISCIPLINE - Margin expansion and improved profitability driven by strong cost control and self-help initiatives across regions
VOLUME REDUCTION - Overall sales volumes declined due to softer construction and steel markets and deliberate exit from lower-margin and non-core business
Company press release: ID:nRSP6752Wa
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Meet
GBP 1.04 bln
GBP 1.04 bln (10 Analysts)
FY Adjusted EPS
GBP 0.11
FY EPS
GBP 0.07
FY EBITDA
GBP 243.20 mln
FY EBITDA Margin
23.50%
FY Pretax Profit
GBP 98.90 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the construction materials peer group is "buy"
Wall Street's median 12-month price target for Sigmaroc PLC is GBp155.00, about 26.2% above its March 13 closing price of GBp122.80
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 12 three months ago
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.)