UK: SIG’s sales revenue for the first half of 2018 has remained stagnant due to poor weather earlier in 2018. Revenue in the UK and Ireland fell by 3.1% year-on-year in the period whilst in Mainland Europe grew by 2.9%.
The Sheffield headquartered building materials producer also said in a trading update that it had appointed Ernst & Young as its external auditor. Shareholders previously voted against a bid to reappoint of Deloitte following an overstatement of the company’s profits in 2016. The company has also appointed Alan Lovell and Cyrille Ragoucy as non-executive directors with effect from 1 August 2018.
