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SIG PLC (SHI.L)

SHI.L on London Stock Exchange

140.00GBp
23 May 2018
Change (% chg)

-1.90 (-1.34%)
Prev Close
141.90
Open
141.40
Day's High
142.50
Day's Low
139.00
Volume
1,540,082
Avg. Vol
2,103,961
52-wk High
184.90
52-wk Low
129.20

Latest Key Developments (Source: Significant Developments)

SIG Plc says Board Expectations for 2018 Remain Unchanged
Thursday, 10 May 2018 

May 10 (Reuters) - SIG PLC ::ISSUES A TRADING UPDATE FOR 1 JANUARY TO 30 APRIL 2018 , IN ADVANCE OF ITS ANNUAL GENERAL MEETING.BOARD EXPECTATIONS FOR 2018 REMAIN UNCHANGED.GROUP REVENUES FROM CONTINUING OPERATIONS OVER PERIOD FOR JAN 1 TO 30 APRIL 2018 INCREASED BY 2.2%.CONTINUED CONFIDENCE IN TRADING CONDITIONS ACROSS MAINLAND EUROPE AND IRELAND BUT ONGOING CHALLENGES IN PARTS OF UK CONSTRUCTION SECTOR.CONTINUE TO PROGRESS PLANS TO DELIVER SIGNIFICANT IMPROVEMENT IN OPERATIONAL AND UNDERLYING FINANCIAL PERFORMANCE.EXPECT STRONGER SECOND HALF TO YEAR, REFLECTING BOTH NORMAL SEASONALITY AND BENEFIT OF ONGOING COST AND MARGIN ACTIONS COMING THROUGH IN H2.  Full Article

SIG Plc says group like-for-like revenues for 2017 were ahead by 4.0 pct
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - SIG Plc ::TRADING UPDATE AND CHAIR OF REMUNERATION COMMITTEE.GROUP REVENUE FROM CONTINUING OPERATIONS FOR 2017 INCREASED BY 7.5% TO C. £2.8BN.GROUP LIKE-FOR- LIKE ("LFL") REVENUES FOR 2017 WERE AHEAD BY 4.0%, IN LINE WITH OUR EXPECTATIONS.TRADING CONDITIONS IN CONSTRUCTION MARKETS ACROSS MAINLAND EUROPE CONTINUED TO SHOW SIGNS OF IMPROVEMENT.IMPROVEMENT IN CONFIDENCE IN MAINLAND EUROPEAN MARKETS CONTINUES TO MITIGATE A WEAKER SECOND HALF MARGIN PERFORMANCE IN UK.OVERALL EXPECTATIONS FOR UNDERLYING PROFITABILITY FOR FULL YEAR REMAIN UNCHANGED.LFL REVENUES WERE UP BY 2.1% IN UK & IRELAND DURING 2017.HAS INITIATED A RIGOROUS REVIEW OF CONTROLS AROUND CHEQUE ISSUANCE AND WILL PROVIDE A FURTHER UPDATE AT TIME OF ITS FULL YEAR RESULTS.CONTINUES TO TARGET A 1.0-1.5X LEVERAGE RANGE DURING 2018 AND IS AIMING TO MAINTAIN LEVERAGE BELOW 1.0X OVER MEDIUM TERM.IS ANTICIPATING HEADLINE FINANCIAL LEVERAGE OF C.1.9X AT 31 DECEMBER 2017.  Full Article

SIG ‍Plc appoints Andrew Allner as a non-executive director and chairman
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - SIG Plc :‍ANDREW ALLNER AS A NON-EXECUTIVE DIRECTOR AND CHAIRMAN WITH EFFECT FROM 1 NOVEMBER 2017​.NAMED ANDREW ALLNER AS A NON-EXECUTIVE DIRECTOR AND CHAIRMAN WITH EFFECT FROM 1 NOVEMBER 2017​.  Full Article

SIG H1 underlying pretax profit up 13.6 pct to 45.2 mln stg
Tuesday, 9 Aug 2016 

Sig Plc : H1 revenue rose 10.6 percent to 1.375 billion stg . H1 underlying pretax profit rose 13.6 percent to 45.2 million stg . Interim dividend 1.83 penceper share . H1 pretax profit rose 43 percent to 38.4 million stg . With regard to eu referendum, sig observed a slowing of uk construction market activity immediately prior to and following vote . H1 group revenues increased 10.6% to £1.38 billion stg (h1 2015: £1.24 billion stg) . Has a high degree of confidence in achieving its 2016 incremental net benefit targets of at least £10m net savings . Like-For-Like sales in uk were flat in june and july, although there was some improvement in trading as july progressed .Uncertainties caused by referendum have made it more difficult for sig to assess trading outlook.  Full Article

SIG says refinanced 130 mln stg of private placement notes
Tuesday, 21 Jun 2016 

SIG Plc : Refinancing of 130 mln stg private placement notes . Successfully refinanced 130 mln stg of private placement notes, due to mature in November 2016, on attractive terms with existing investors. . Issuance of 83 mln stg new private placement notes on a bilateral basis, with a ten year maturity, . Increased group's existing revolving credit facility by 100 mln stg to 350 mln stg, with a five-year maturity. .Group's total debt facilities have increased by 53 mln stg to 531 mln stg at current exchange rates, with unchanged covenants..  Full Article

UPDATE 1-UK Stocks-Factors to watch on May 11

May 11 Britain's FTSE futures were down 0.07 percent ahead of the cash market open.