SIG plc announced earnings guidance for the second half and full year of 2020. For the second half, the company is expected to remain loss making, but at a lower rate than the first despite some increased pressure on gross margin in the UK. For the full year, the company expects sales to be moderately higher than guided in May. Group sales in July and August were encouraging although down year on year, and market share losses during 2019, particularly in the UK distribution business, will take time to recover.