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Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 26.98 GBX | -0.09% |
|
-4.59% | -22.16% |
| Mar. 27 | Moody's Lowers SIG's Outlook to Negative on Risk of Slower-than-expected Earnings Recovery | MT |
| Mar. 11 | Citi, Macquarie cut Virgin Money to 'neutral' | AN |
(Reuters) - British building materials supplier SIG Plc said on Tuesday it expects underlying operating profit to come in the upper-half of its forecast for 2023, while it continues to expects softness in market conditions in 2024 as well.
The company, which sells roofing and insulation materials in Britain and some other European countries, said it expects 10 million pounds in cost savings in 2024 from the restructuring and productivity initiatives it undertook in the second half of 2023.
Its full-year like-for-like sales dropped 2% from a year ago.
(Reporting by Radhika Anilkumar in Bengaluru; Editing by Savio D'Souza)
| 1st Jan change | Capi. | |
|---|---|---|
| -22.16% | 389M | |
| +10.49% | 43.15B | |
| +24.88% | 11.6B | |
| +13.77% | 6.29B | |
| +7.78% | 5.52B | |
| +41.64% | 1.86B | |
| -0.32% | 978M | |
| +19.20% | 754M | |
| +36.38% | 714M | |
| -2.68% | 350M |
SIG PLC 
