Construction products distributor SIG plc says rising demand along with cost inflation has benefited its sales and profits.
The Sheffield-based business, which operates across Europe, told investors it expects full year results to be "significantly ahead" of previous expectations as group sales for the quarter to March 31 were up 25% at £641m.
Inflation is estimated to have added about 19% to group growth over the period, with the impact varying according to SIG's operating companies which include SIG Insulation, SIG Interiors and SIG Benelux, as well as others.
