Recent Insider Transactions • May 21
CFO & Executive Director recently bought €73k worth of stock On the 13th of May, Simon Kesterton bought around 764k shares on-market at roughly €0.096 per share. This transaction increased Simon's direct individual holding by 4x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Simon's only on-market trade for the last 12 months. Duyuru • Apr 10
SIG plc Announces Resignation of Ian Ashton as Chief Financial Officer SIG plc announced that it has received notice from Ian Ashton of his resignation as the Group's Chief Financial Officer, in order that he may take up a new role at TT Electronics plc. Ian joined SIG as CFO in July 2020. A process is underway to identify a successor as CFO. Ian will remain in his role for a period of up to six months. Duyuru • Mar 23
SIG plc, Annual General Meeting, Apr 30, 2026 SIG plc, Annual General Meeting, Apr 30, 2026. Location: sig west london, mathisen way, poyle, slough, sl3 0hb, United Kingdom Duyuru • Mar 07
SIG plc to Report First Half, 2026 Results on Aug 04, 2026 SIG plc announced that they will report first half, 2026 results on Aug 04, 2026 Duyuru • Jan 13
SIG plc Provides Earnings Guidance for the Full Year Ended December 31, 2025 SIG plc provided earnings guidance for the full year ended December 31, 2025. For the period, the company expects sales of £2.6 billion. Duyuru • Oct 19
SIG plc Reaffirms Earnings Guidance for the Full Year 2025 SIG plc reaffirmed earnings guidance for the full year 2025. The company expected underlying operating profit outlook for the full year remains unchanged and in line with market expectations. Duyuru • Oct 04
SIG plc to Report Fiscal Year 2025 Results on Mar 04, 2026 SIG plc announced that they will report fiscal year 2025 results at 8:00 AM, GMT Standard Time on Mar 04, 2026 Duyuru • May 09
SIG plc Announces Resignation of Gavin Slark as Chief Executive Officer SIG plc announces that it has received notice from Gavin Slark of his resignation as the Group's Chief Executive Officer ("CEO"), in order that he may take up a new role at Travis Perkins plc at the start of 2026. Gavin will continue as SIG's CEO for a transitionary period, until a date no later than 31 December 2025. A process is now underway to identify a successor as CEO. Duyuru • Mar 13
SIG plc, Annual General Meeting, May 01, 2025 SIG plc, Annual General Meeting, May 01, 2025. Duyuru • Mar 12
SIG plc Announces Gillian Kent, Non-Executive Director, Has Informs That She Does Not Intend to Stand for Re-Election SIG plc announces that Gillian Kent, a non-executive Director, has informed the Company that she does not intend to stand for re-election at the forthcoming Annual General Meeting on 1 May 2025 (the "AGM") and that she shall, therefore, retire from the Board following the conclusion of the AGM. The Board is confident that following Gillian's retirement it shall continue to have the appropriate skills, experience and knowledge to support the Company on the next phase of delivery of its strategy. The Company will keep under review the size and composition of the Board to ensure that this remains the case. Duyuru • Mar 05
SIG plc to Report First Half, 2025 Results on Aug 05, 2025 SIG plc announced that they will report first half, 2025 results on Aug 05, 2025 New Risk • Jan 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (UK£8.8m net loss in 2 years). Share price has been volatile over the past 3 months (7.2% average weekly change). New Risk • Oct 18
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: UK£62m Forecast net loss in 2 years: UK£3.5m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (UK£3.5m net loss in 2 years). Share price has been volatile over the past 3 months (8.2% average weekly change). Reported Earnings • Aug 07
First half 2024 earnings released: UK£0.012 loss per share (vs UK£0.004 profit in 1H 2023) First half 2024 results: UK£0.012 loss per share (down from UK£0.004 profit in 1H 2023). Revenue: UK£1.32b (down 7.5% from 1H 2023). Net loss: UK£14.2m (down 402% from profit in 1H 2023). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. New Risk • Aug 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Duyuru • Jun 24
Sig plc Provides Earnings Guidance for the First Half and Full Year 2024 SIG plc provided earnings guidance for the first half and full year 2024. For the first half, the Group expected to report like-for-like1 (LFL) sales decline of 7%, and an underlying operating profit in the range of £10 million to £12 million. For the full year, the group expected underlying operating profit to be in the range of £20 million to £30 million. Duyuru • Mar 12
SIG plc, Annual General Meeting, May 02, 2024 SIG plc, Annual General Meeting, May 02, 2024. Reported Earnings • Mar 06
Full year 2023 earnings released: UK£0.038 loss per share (vs UK£0.013 profit in FY 2022) Full year 2023 results: UK£0.038 loss per share (down from UK£0.013 profit in FY 2022). Revenue: UK£2.76b (flat on FY 2022). Net loss: UK£43.4m (down 380% from profit in FY 2022). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Feb 22
Now 22% undervalued Over the last 90 days, the stock has risen 18% to €0.36. The fair value is estimated to be €0.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 0.7% in 2 years. Earnings are forecast to grow by 101% in the next 2 years. Duyuru • Jan 05
SIG plc to Report First Half, 2024 Results on Aug 06, 2024 SIG plc announced that they will report first half, 2024 results on Aug 06, 2024 Duyuru • Oct 12
SIG plc Provides Earnings Guidance for the Full Year 2023 SIG plc provided earnings guidance for the full year 2023. For the year, the company expects to deliver full year underlying operating profit in the range of £50 million to £55 million. Duyuru • Sep 26
Sig plc Announces Directorate Changes SIG plc announces that existing non-executive director and Chair of the Company's Remuneration Committee Kath Durrant will assume the role of Senior Independent Director with effect from today's date. Kath will succeed Alan Lovell, who remains a non-executive director of the Company. New Risk • Aug 17
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 9.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). Share price has been highly volatile over the past 3 months (9.6% average weekly change). Minor Risk Large one-off items impacting financial results. Duyuru • Aug 10
SIG plc to Report Fiscal Year 2023 Results on Mar 05, 2024 SIG plc announced that they will report fiscal year 2023 results on Mar 05, 2024 Reported Earnings • Aug 09
First half 2023 earnings released: EPS: UK£0.004 (vs UK£0.014 in 1H 2022) First half 2023 results: EPS: UK£0.004 (down from UK£0.014 in 1H 2022). Revenue: UK£1.42b (up 4.8% from 1H 2022). Net income: UK£4.70m (down 70% from 1H 2022). Profit margin: 0.3% (down from 1.2% in 1H 2022). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 127% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. New Risk • Jul 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results. Duyuru • Jul 06
Sig plc Announces Profit Guidance for Full Year Ending December 31, 2023 SIG plc announced profit guidance for full year ending December 31, 2023. The Board continues to expect the Group to deliver full year underlying operating profit within the current range of market expectations, but towards the lower end of that range. Reported Earnings • Mar 09
Full year 2022 earnings released: EPS: UK£0.013 (vs UK£0.024 loss in FY 2021) Full year 2022 results: EPS: UK£0.013 (up from UK£0.024 loss in FY 2021). Revenue: UK£2.74b (up 20% from FY 2021). Net income: UK£15.5m (up UK£43.8m from FY 2021). Profit margin: 0.6% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the Trade Distributors industry in Europe. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Duyuru • Feb 03
SIG plc to Report Fiscal Year 2022 Results on Mar 08, 2023 SIG plc announced that they will report fiscal year 2022 results on Mar 08, 2023 Duyuru • Feb 02
SIG Announces CEO Changes SIG announced that Gavin Slark has been appointed Chief Executive Officer of the Company. SIG also announces that Steve Francis has stepped down as CEO. Duyuru • Feb 01
SIG plc Announces Board Changes SIG announced that Gavin Slark has been appointed Director of the Company. SIG also announces that Steve Francis has stepped down as a Director. Buying Opportunity • Dec 13
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 13%. The fair value is estimated to be €0.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 54%. Board Change • Nov 16
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Shatish Dasani was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Duyuru • Sep 08
SIG plc Announces CEO Changes SIG plc announced that following its successful turnaround and return to profitability, Steve Francis will step down as CEO early next year, after three years in his role. The Board also announced that Gavin Slark has agreed to join the Company as Steve's successor. Steve will continue to provide committed leadership as SIG's CEO until Gavin takes up his role on 1 February 2023. Steve will remain employed by SIG until 8 March 2023 and he has agreed to remain available as a consultant to the Company until 30 April 2023 to complete an orderly handover to Gavin. Gavin has a long track record of success in the pan-European construction distribution industry, having been CEO of Grafton Group plc for 11 years. Prior to Grafton, Gavin held a number of roles with BSS plc including as CEO from 2006 to 2011. As previously announced by Grafton, Gavin will step down from his role as Grafton's CEO on 31 December 2022. Reported Earnings • Aug 10
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (up UK£8.10m from 1H 2021). Profit margin: (up from net loss in 1H 2021). Over the next year, revenue is forecast to grow 3.8%, compared to a 9.8% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Duyuru • Jul 26
SIG plc (LSE:SHI) acquired Miers Construction Products Limited from two founding shareholders and four members of MCP's management team for £36.5 million. SIG plc (LSE:SHI) acquired Miers Construction Products Limited from two founding shareholders and four members of MCP's management team for £36.5 million on July 22, 2022. The consideration includes an initial cash consideration of £28 million on a debt-free and cash-free basis and further contingent cash payment of up to £6.7 million will be payable,subject to the performance of the business during the period ending on December 31, 2023, together with a deferred cash payment of £1.8 million, payable in 24 months. MCP will continue to trade under its existing brand. The consideration will be funded from SIG's existing facilities. Based on unaudited Management Accounts for the year to May 31, 2022, unaudited revenue of £55.5 million and adjusted EBITDA2 of £5.1 million. Stephenson Harwood LLP acted as legal advisor to Miers Construction Products Limited.
SIG plc (LSE:SHI) completed the acquisition of Miers Construction Products Limited on July 22, 2022. Duyuru • Jul 01
SIG plc to Report First Half, 2022 Results on Aug 09, 2022 SIG plc announced that they will report first half, 2022 results on Aug 09, 2022 Duyuru • May 02
SIG plc Provides Earnings Guidance for the Year 2022 SIG plc provided earnings guidance for the year 2022. Given the strong momentum seen through the early part of 2022, together with increased visibility on the near-term trading outlook, the Board now expects the Group to deliver a full year performance significantly ahead of previous expectations. Board Change • Apr 27
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 2 experienced directors. No highly experienced directors. Independent Non-Executive Chairman Andrew Allner is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Buying Opportunity • Apr 22
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 2.2%. The fair value is estimated to be €0.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.6% over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • Apr 07
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 6.5%. The fair value is estimated to be €0.63, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.6% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Mar 12
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: UK£0.024 loss per share (up from UK£0.24 loss in FY 2020). Revenue: UK£2.29b (up 22% from FY 2020). Net loss: UK£28.3m (loss narrowed 87% from FY 2020). Revenue exceeded analyst estimates by 1.2%. Over the next year, revenue is forecast to grow 7.0%, compared to a 9.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 37% per year, which means it is performing significantly worse than earnings. Duyuru • Dec 17
SIG plc Provides Earnings Guidance for the Full Year 2021 SIG plc provided earnings guidance for the full year 2021. For the year, the group expected underlying operating profit outturn to be ahead of prior expectations and no less than £40 million. Recent Insider Transactions • Dec 14
Independent Non-Executive Director recently bought €58k worth of stock On the 10th of December, Kathryn Durrant bought around 101k shares on-market at roughly €0.58 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €105k more in shares than they have sold in the last 12 months. Reported Earnings • Sep 22
First half 2021 earnings released: UK£0.007 loss per share (vs UK£0.21 loss in 1H 2020) The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: UK£1.11b (up 32% from 1H 2020). Net loss: UK£8.10m (loss narrowed 94% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings. Duyuru • May 05
SIG plc Provides Earnings Guidance for the Second Half and Full Year 2021 SIG plc provided earnings guidance for the second half and full year 2021. Given the prevailing macro-economic uncertainties, the company retain a cautious view of the second half at this stage. The company do however continue to expect the second half to be both profitable and cash generative, and in light of the stronger than anticipated recent performance the company now expect full year revenues to be slightly ahead of prior expectations, and profits also to be higher than previously expected. Duyuru • Mar 28
SIG plc Provides Earnings Guidance for the Second Half of 2021 SIG plc provided earnings guidance for the second half of 2021. As a result of the group and important of the U.K. business within it, are expected to be back to profit and cash generation in second half of 2021. Reported Earnings • Mar 26
Full year 2020 earnings released: UK£0.24 loss per share (vs UK£0.21 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: UK£1.87b (down 13% from FY 2019). Net loss: UK£208.9m (loss widened 68% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance. Duyuru • Mar 02
SIG plc to Report Fiscal Year 2020 Results on Mar 25, 2021 SIG plc announced that they will report fiscal year 2020 results on Mar 25, 2021 Is New 90 Day High Low • Feb 12
New 90-day high: €0.40 The company is up 21% from its price of €0.34 on 13 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.028 per share. Executive Departure • Feb 02
Independent Non-Executive Director has left the company On the 31st of January, Ian Duncan's tenure as Independent Non-Executive Director ended after 4.1 years in the role. We don't have any record of a personal shareholding under Ian's name. A total of 6 executives have left over the last 12 months. Duyuru • Jan 29
SIG plc Announces Executive Changes SIG plc announced the appointment of Shatish Dasani as a Non-Executive Director and Chair of the Audit Committee with effect from 1 February 2021. He will also be a member of the Nominations and Remuneration Committees. Shatish will replace Ian Duncan who will be stepping down as Non-Executive Director and Chair of the Audit Committee with effect from 31 January 2021. Ian had informed the Board last year that he was looking to reduce his work commitments and planned to retire from his role at the Company as soon as a successor could be appointed. Shatish is currently a Non-Executive Director and Chair of the Audit & Risk Committee of Renew Holdings plc, and Trustee and Interim Chair of Unicef UK. He has also been appointed as a Non-Executive Director and Chair of the Audit & Risk Committee of Speedy Hire Plc with effect from 1 February 2021. Is New 90 Day High Low • Jan 13
New 90-day high: €0.39 The company is up 41% from its price of €0.28 on 15 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.026 per share. Duyuru • Dec 17
SIG plc Announces Board Changes SIG plc announced the appointment of Kath Durrant as a Non-Executive Director and Chair of the Remuneration Committee with effect from 1 January 2021. Kath will replace Kate Allum who will be stepping down as Non-Executive Director and Chair of the Remuneration Committee with effect from 31 December 2020. Kath is currently Non-Executive Director and Chair of the Remuneration Committee at Calisen plc, a Non-Executive Director at Vesuvius plc (and will become Chair of the Remuneration Committee from its 2021 AGM) and is an adviser to InnovationRCA. She previously served as a Non-executive Director and Chair of the Remuneration Committee of Renishaw plc from 2015 to 2018. Kath has more than 30 years' Human Resources experience, with a strong operational and strategic track record, gained at a number of large global industrial and pharmaceutical companies. Recent Insider Transactions • Sep 26
CEO & Director recently bought €55k worth of stock On the 24th of September, Stephen Francis bought around 208k shares on-market at roughly €0.26 per share. In the last 3 months, they made an even bigger purchase worth €165k. Stephen has been a buyer over the last 12 months, purchasing a net total of €53k worth in shares. Reported Earnings • Sep 26
First half earnings released Over the last 12 months the company has reported total losses of UK£249.4m, with losses widening by UK£238.5m from the prior year. Total revenue was UK£1.89b over the last 12 months, down 13% from the prior year. Is New 90 Day High Low • Sep 22
New 90-day low: €0.28 The company is down 22% from its price of €0.35 on 24 June 2020. The German market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.029 per share. Duyuru • Jul 09
SIG plc has completed a Follow-on Equity Offering in the amount of £164.37057 million. SIG plc has completed a Follow-on Equity Offering in the amount of £164.37057 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 347,901,900
Price\Range: £0.3
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 240,000,000
Price\Range: £0.25
Transaction Features: Regulation S; Rights Offering; Subsequent Direct Listing