Sparks - SIG

More on this equity

SIG (LSE: SHI) – FY24 results in line; outlook H2 biased

SIG confirmed FY24 revenue of £2.6bn (FY23: £2.8bn) and operating profit of £25.1m (FY23: £53.1m), in line with January’s FY24 trading update. Although full-year like-for-like revenue declined by 4% at the group level, the contraction improved in H2 to -2% from -6% in H1, largely driven by improvements in the UK divisions, French Roofing, Benelux and Ireland. So far in FY25, like-for-like growth is flat and, to achieve the targeted medium-term operating margin of 5%, SIG will look for market recovery which appears to be H2 biased at best.

Next Sparks Commentary in this sector >

Latest

Industrials | Comment

03.07.25

Subscribe to Edison

Get access to the very latest content matched to your personal investment style.

Equities

Equities by Sector

Sectors

Thematics

Latest

The advertising ecosystem – Triangulating perspectives

JPMorgan European Discovery Trust – The power of small

Rockwood Strategic — Inside the mind of the investor with Richard Staveley of Rockwood Strategic

Audiovisual

Latest

Partners Group Private Equity in 60 seconds

abrdn UK Smaller Companies Growth Trust – equity proposition

Sharesoc webinar – Lowland Investment Company

About Edison

About Edison

Careers

Sparks - SIG

Latest

THEON INTERNATIONAL (AMS: THEON) – additional order intake

Baltic Classifieds (LSE: BCG) continued good progress

Cereno Scientific (STO: CRNO-B) enters the FN25 Index

AAC Clyde Space (OTCQX: AAC) share issue raising SEK64.5m

Hercules (AIM: HERC) acquire Advantage NRG for up to £15.7m

Subscribe to Edison