Building products supplier SIG reports £10m losses
Sheffield-based building supplies firm SIG has dropped into the red in half year trading, with losses reaching more than £10m.
It reported a statutory loss before tax of £10.7m this morning, after £49.0m of non-underlying items, compared to profits of £38m in the same period last year.
It disposed of its £100m flooring business earlier this year in a deal arranged by Leeds private equity firm Endless after the business reported massive pre-tax losses. It reported losses of £106.3m for the year to December 2016, forcing fo... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
