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Sparks commentary

Industrials

Sparks

SIG (LSE: SHI) – Q125 trading continues to gain momentum
Published by Andy Murphy

SIG’s Q125 like-for-like sales grew by 2% in the period reflecting market outperformance and some further stabilisation in underlying market demand. All geographies reported like-for-like growth (with the exception of France), with the UK up 4% across its three divisions, Germany up 4% and Poland up 3%. Internal management action to improve productivity and control costs are having the desired effect and will contribute further as the year unfolds. Market conditions remain as expected and SIG is optimistic that H2 could see the start of a more material market recovery, which the company is geared into.

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