UK: SIG recorded sales of €1.49bn in the first half of 2025, down by 1% year-on-year. The producer made an underlying loss before tax of €11.8m, a rise of 56% year-on-year. Free cash outflow fell by 58% to €10.7m.
Chief financial officer Ian Ashton said "The group's robust trading results reflect continuing outperformance of markets that remain subdued. Cost, productivity and cash initiatives have remained a key focus in the period, as has the ongoing implementation of strategic and operational improvements that are positioning the group to win in the long term."
The group retained its full-year 2025 outlook of earnings before interest and taxation (EBIT) of €36.3m. It expects ‘no notable pick-up in demand’ in the second half of 2025.