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India

SIG PLC (SHI.L)

SHI.L on London Stock Exchange

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Thu, Sep 24 2020

UPDATE 1-UK's SIG posts loss on virus hit, lifts 2020 revenue view

Sept 24 SIG Plc reported a first-half loss of 53.7 million pounds ($68.24 million) on Thursday due to the coronavirus hit to construction activity, but the building materials supplier said its 2020 revenue would fall lesser than previously feared.

UK's SIG lifts 2020 revenue view, posts first-half loss on virus hit

Sept 24 SIG Plc posted a first-half loss of 53.7 million pounds ($68.24 million) on Thursday due to the coronavirus hit to construction activity, but the building materials supplier said its 2020 revenue would be modestly higher than prior forecast.

UPDATE 2-SIG to take on CD&R as investor via 150 mln stg equity raising

* PwC finds issues in 2019 forecasting process (Adds PwC investigation, shares, analyst comments)

SIG plans equity raise after results, bleak outlook

May 29 Building materials supplier SIG Plc plans to raise 150 million pounds ($185.12 million) in new equity with U.S. buyout firm Clayton, Dubilier & Rice (CD&R), it said on Friday, as it pointed to a bleak outlook after "disappointing" results.

BRIEF-SIG Plc Plans To Raise £150 Mln With Clayton Dubilier & Rice

* SIG PLC - TAKEN DECISIVE ACTIONS TO ADDRESS 2019 PERFORMANCE

BRIEF-SIG Notes CMA's Phase 2 Investigation Referral Of Proposed Sale Of Building Solutions

* REFERRAL FOR PHASE 2 INVESTIGATION OF PROPOSED DISPOSAL OF BUILDING SOLUTIONS TO KINGSPAN GROUP

BRIEF-SIG Sees FY Profit Before Tax In Line With Guidance, Suspends Dividend

* SIG PLC - FY ANTICIPATED THAT UNDERLYING PROFIT BEFORE TAX FOR YEAR WILL BE IN LINE WITH GUIDANCE OF C.£42 MILLION

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