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Birmingham Post
Birmingham Post
Business
Tom Keighley

SIG returns to profit as it reports growth in Poland and France

Building supplier SIG plc has returned to profit thanks to strong performance in Poland and France, and a turnaround in the UK.

The Sheffield based firm reported underlying pre-tax profit of £19.3m in 2021, up from a £71.6m loss in the previous year as it hailed progress in its "return to growth" strategy.

Pointing to growing market share and margin discipline SIG told investors that underlying revenue for the year reached £2.2bn, increased from £1.8bn.

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