SIG plc

Further COVID-19 update

  • Sectors : Building products
  • Companies : SIG plc

Ratings and price correct at time of issue.

  • SIG plc

    Closing Price: 27.1p

  • RATING 01/07/16

  • PREVIOUS RATING 15/12/15

    OUTPERFORM

DAVY VIEW

Following on from its earlier update, SIG has now announced the temporary closure of its UK and Ireland trading sites. It will cut staff pay during the shutdown and will also use the closure period to develop a revised strategy and organisational model. The latter will clearly attempt to improve on what have been persistently weak earnings and returns.

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Mar 30 2020, 08:25 IST/BST

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