SIG upgrades outlook after Q4 performance tops expectations

Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Building solutions supplier SIG upgraded its outlook on annual profit, driven by stronger than expected performance in the fourth quarter as positive momentum continued.

'This has increased visibility and confidence in the full year underlying operating profit outturn, which is now expected to be ahead of prior expectations and no less than £40m,' the company said.

A full year trading update for the financial year ending 31 December 2021 was expected to be released on 11 January 2022, and full year results on 11 March 2022.