SigmaRoc plc

Operational and strategic progress

  • Sectors : Building Materials
  • Companies : SigmaRoc plc

Ratings and price correct at time of issue.

  • SigmaRoc plc

    Closing Price: 73.0p

  • RATING 18/09/24

  • PREVIOUS RATING N/A

DAVY VIEW

We expect a positive market reaction to SigmaRoc’s trading update. Earnings are modestly ahead despite a tricky backdrop, disposals are transacting at accretive multiples and the deleveraging process is accelerating. Our underlying forecasts will remain unchanged albeit with a £6m EBITDA reduction for the welcome disposals of non-core assets.

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Feb 3 2025, 07:20 GMT

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