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SHI Sig Plc

16.12
0.32 (2.03%)
17 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sig Plc LSE:SHI London Ordinary Share GB0008025412 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.32 2.03% 16.12 16.02 16.40 16.12 15.82 16.02 1,369,317 16:35:17
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Roofing & Siding-wholesale 2.76B -43.4M -0.0367 -4.38 186.69M
Sig Plc is listed in the Roofing & Siding-wholesale sector of the London Stock Exchange with ticker SHI. The last closing price for Sig was 15.80p. Over the last year, Sig shares have traded in a share price range of 14.64p to 34.05p.

Sig currently has 1,181,556,977 shares in issue. The market capitalisation of Sig is £186.69 million. Sig has a price to earnings ratio (PE ratio) of -4.38.

Sig Share Discussion Threads

Showing 4026 to 4049 of 4225 messages
Chat Pages: 169  168  167  166  165  164  163  162  161  160  159  158  Older
DateSubjectAuthorDiscuss
30/3/2022
09:20
Sell the spike 40p test coming 🩳🌳🌴🌲 7876;🛩ԁ65;🤣
qsmeily456
29/3/2022
11:35
SIG plc Improves Customer Experience and Fleet Productivity with Descartes’ Last Mile Solution Suite
March 29, 2022 06:45 ET | Source: The Descartes Systems Group Inc.

ATLANTA and LONDON, March 29, 2022 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announces that SIG plc, a leading European supplier of specialist building materials, is using its solution suite as part of its broader strategy to lead the market in the UK.

SIG UK has deployed Descartes’ comprehensive last-mile delivery solution suite including its route planning and execution solution, mobile electronic proof-of-delivery (ePOD) and telematics with remote download of tachograph data. The solution has enabled SIG to increase On-Time-In-Full (OTIF) deliveries by 10-15% and increased the volume of deliveries by 25% using the existing fleet.

“The building materials market is highly fluid and SIG differentiates itself by offering an agile and reliable service to our customers with the ability to track the progress of their deliveries to help better manage the supply chain,” said Edward Corbett, Head of Programme, SIG. “The Descartes solution helps us manage our distribution centres and territories more efficiently, with access to real-time information on how to organise and run our facilities optimally. Our improved responsiveness makes a huge difference to our customer service and efficient resource utilisation. It helps us maintain a safe working environment for our drivers and wider UK road-user community whilst also supporting our strategic ESG objectives.”

Descartes’ last mile delivery solution provides an end-to-end platform for home and last-mile delivery operations. The solution spans delivery appointment booking, route planning and execution, mobile electronic proof-of-delivery, delivery notifications and driver safety and compliance processes. Using advanced optimization technology, Descartes’ last mile delivery solution takes committed appointments and improves route productivity, which generates additional delivery capacity and reduces costs. The solution manages delivery execution with intelligent dispatching and GPS-based real-time vehicle tracking. The related mobile application helps drivers execute the route and capture essential POD details. Real-time alerts keep customers up-to-date with the progress of the delivery through text or email messages and engage the customer through surveys to provide a superior customer experience. Telematics integrated with remote download of tachograph data and related compliance management solution helps to improve driver performance and safety while meeting regulatory requirements.

“Specialist building material suppliers compete on service and we’re happy to help SIG maintain its leadership in this area,” said Pol Sweeney, VP Sales and Business Manager UK for Descartes. “With the severe driver shortage situation the market is facing, it’s equally important in helping SIG to dramatically improve the productivity of its existing fleet.”

About SIG UK

SIG UK is a leading supplier of specialist building materials, solutions, and a provider of technical expertise to trade customers across the UK. Since its inception, SIG have focused on providing sustainable products. This ethos continues today as SIG are a proud partner of the Supply Chain Sustainability School and a CO2nstructZero Business Champion. The nationwide SIG branch network offer over 250,000 construction products covering insulation, interiors, construction accessories, technical insulation, fixings, mechanical and electrical, fire protection, PV and roofing, with a dedicated fleet delivering to customers across the UK, on time in full using the SIG DTS delivery tracking system. SIG UK have specialist and manufacturing businesses in its portfolio, who have experience in supporting complex projects from large scale infrastructure to small residential and commercial. The specialist teams can deliver impartial advice, design and product expertise to help meet project requirements. Find out more: sigdistribution.co.uk; sigroofing.co.uk and LinkedIn: linkedin.com/company/sig-uk/.

About Descartes

Descartes (Nasdaq:DSGX) (TSX:DSG) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, performance and security of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, schedule, track and measure delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world's largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com, and connect with us on LinkedIn and Twitter.

Global Media Contact
Andrew Tavener
Tel: +44 (0)7833 444047
atavener@descartes.com

elongate
29/3/2022
11:32
Taken from lse

‘The solution has enabled SIG to increase On-Time-In-Full (OTIF) deliveries by 10-15% and increased the volume of deliveries by 25% using the existing fleet’

hxxps://www.globenewswire.com/news-release/2022/03/29/2411701/0/en/SIG-plc-Improves-Customer-Experience-and-Fleet-Productivity-with-Descartes-Last-Mile-Solution-Suite.html

elongate
23/3/2022
19:32
Sunak knocked 5% off the price of insulation and the like, zero VAT. Adds up on bigger projects, and there’s the green agenda to feed.
Can’t see it motivating householders much. They will have to come up with something else to get retrofits going.

But Shi will be pleased. They might sneak just a tad to add to increasing margins.

(Strong margin progression: H2 2021 gross margin of 26.6%, 70bps higher than H1 2021 and 120bps higher than H2 2020; underlying operating profit margin improved consistently throughout 2021)

elongate
19/3/2022
08:15
Thanks Trinid.
bugle4
18/3/2022
18:52
Look at the monthly chart, looks quite ominous, we need to break 42.50, i think the momentum is there to do this now...................but the markets at the moment are very sensitive, who knows what news will come out over the weekend to affect the markets next week.....could go either way..AB
trinid2
18/3/2022
18:48
its just down to buys , 2 massive buys today, that would certainly have helped to days closing price
trinid2
18/3/2022
18:44
It's the first time in about a year that SHI has finished green on consecutive Fridays.

I'm not much of a TA, it'd be nice to hear from anyone who is if this is significant?

bugle4
18/3/2022
07:39
Dina Dasani has bought some too. £20000. Don’t care if it’s only a quid. It’s the thought that counts.
elongate
18/3/2022
07:21
Nice one Toley. I have given you a tick up.
elongate
18/3/2022
06:37
Liberum: significant upside at SIGThe valuation of insulation group SIG (SHI) could double if the market starts to price in structural growth opportunities, says Liberum.Analyst Charlie Campbell retained his 'buy' recommendation but reduced the target price from 65p to 63p on the stock, which firmed 1.8% to 39.2p on Thursday.Campbell upgraded earnings per share estimates for SIG by 8-12% in 2022 and 2023, 'due to the momentum in margin improvement that was evident in the 2021 results, and higher selling prices carried forward'.'It has momentum in market share and gross margins, with operating costs controlled. Its valuation could double if margins hit the 5% target, and we see over 60% upside if the shares move to discount the 2023 target of 3%. The market may also start to value structural growth in its insulation businesses.'
tole
14/3/2022
09:43
As I said, more acquisitions on the way soon. Cash neutral, so from cash generation and/or leveraging debt. It’s the growth plan, don’t you know.
elongate
11/3/2022
13:46
It is part of the growth strategy. Investment. Management made that choice.

Shi is spending to accumulate, and the inventory involved will not now come at any further increase in cost but with possibly improved margin on sales. I refer to Investors Chronicle who would like to see a bottom line profit ( cash neutral in their sights ) and have it as a hold and 44p.

‘Overall net debt jumped by £127mn to £365mn, though, as £124mn in cash flowed out of the business due to acquisitions and higher inventory spending as it sought to avoid supply shortages.’

Management is looking ahead. So should you. They have this in mind about spending and profitability.
‘We expect to be free cash flow neutral for the year, before returning to sustainable free cash generation thereafter, enabling us to continue to invest in and drive our strategic goals.’

elongate
11/3/2022
12:58
Looks like debt costs are going to impact profitability med term
pictureframe
11/3/2022
09:07
Recent acquisitions - SM Roofing, F30 (construction accessories) and Penlaw (insulation), all
in the UK - are performing well, beating 2021 profit expectations, and fit our specialist model
• We see a clear opportunity to accelerate delivery against the strategic plan through targeted
investment in extending our product range, specialist solutions and footprint
As a result, SIG’s reputation and influence has been regained:
• Larivière (France Exteriors) awarded “2021 Best Specialist Distributor” (Geste D’Or 2021) and
UK Interiors awarded “Distributor of the Year” in the supply category (BMJ awards)
• SIG appointments to high profile leadership roles in key industry associations
• Increasingly viewed as an attractive and trusted home by prospective industry recruits and
M&A targets

fuji99
11/3/2022
08:23
2022 will be the year of recovery. Could reach £1 by December. I expect the insulation business particularly to perform strongly in 2022/23 as increase in heating costs and energy bills will push authorities towards more insulation in housing and buildings.
fuji99
11/3/2022
07:56
I told you 2022 would be Shi’s year. And so it will be.
One to hold now. But please yourselves.

elongate
11/3/2022
07:11
Good results - no reason to be in mid 30's
eringael
11/3/2022
07:08
.




A pivotal year: growing momentum

SIG plc ("SIG", "the Group" or "the Company") today announces its results for the full year ended 31 December 2021 ("FY 2021" or "the year").

Strategic highlights

-- Group back to underlying profit, driven by market share gains and margin discipline in challenging supply markets

-- Strategy delivering ahead of expectations, reinforcing the value of SIG's core model
-- Leadership further strengthened; platform for growth established; industry reputation regained and acknowledged

-- Accelerating revenue growth throughout 2021 against pre Covid-19 2019 comparators
-- EUR300m (GBP253m) bond issue in November 2021 further increases financial stability and longer-term flexibility

Financial highlights

-- Group like-for-like ("LFL") sales up 24% on prior year, and 8% up on non Covid-19 affected 2019; H2 growth of 15% vs 2019

-- Strong margin progression: H2 2021 gross margin of 26.6%, 70bps higher than H1 2021 and 120bps higher than H2 2020; underlying operating profit margin improved consistently throughout 2021

-- GBP41.4m underlying operating profit (2020 restated : GBP53.1m loss)
-- Statutory loss before tax for the year of GBP15.9m (2020 restated: GBP194.6m loss) after reflecting other items of GBP35.2m (2020 restated : GBP118.5m)

-- Net debt of GBP365.0m post IFRS 16 (2020: GBP238.2m) and GBP128.6m pre-IFRS 16 (2020: GBP4.1m), reflecting investment in inventory to optimise customer service at a time of supply shortages, as previously guided, as well as one-off costs related to refinancing and M&A investment

-- Gross cash of GBP145m; new and increased revolving credit facility ("RCF") of GBP50m remains undrawn

Current trading and outlook

-- Trading well in 2022 to date, and ahead of plan
-- Supply challenges being managed
-- Confidence in 3% Group operating profit margin for FY23, and in the Group's medium-term path towards 5%

-- Cash generation expected in H2; full year cash neutral


Restated
(5)
Change
vs
2021 2020 2020
------------ ------------ -------
Underlying(1) revenue GBP2,291.4m GBP1,872.7m 22.4%
LFL(2) sales growth 24.3% (13.3%)
Gross margin 26.3% 25.1% 120bps
Underlying(1) operating
profit/(loss) GBP41.4m (GBP53.1m)
Underlying(1) profit/(loss)
before tax GBP19.3m (GBP76.1m)
Underlying(1) earnings/(loss)
per share 0.3p (10.0p) 10.3p
Underlying
operating
margin 1.8% (2.8%) 460bps
Net
debt GBP365.0m GBP238.2m
Net
debt
(pre-IFRS
16) GBP128.6m GBP4.1m
------------------------------- ------------ ------------ -------

Restated(5)
Statutory results 2021 2020
------------------------------- ------------ ------------
Revenue(3) GBP2,291.4m GBP1,874.5m
Operating profit/(loss)(3) GBP14.0m (GBP160.0m)
Loss before tax(3) (GBP15.9m) (GBP194.6m)
Basic loss per share(3) (2.4p) (23.1p)
Total loss after tax
(4) (GBP28.3m) (GBP131.5m)
Dividend per share n/d n/d
------------------------------- ------------ ------------

1.Underlying represents the results before Other items. Other items have been disclosed separately in order to give an indication of the underlying earnings of the Group.

2. Like-for-like ("LFL") is defined as the growth/(decline) in sales per working day in constant currency excluding any current and prior year acquisitions and disposals. Sales are not adjusted for branch openings or closures.

3. Statutory results of continuing operations only in 2020.

4. Statutory results including both continuing and discontinued operations in 2020.

5. 2020 restatement is due to the change in accounting policy regarding configuration and customisation costs incurred in implementing cloud computing arrangements following the IFRS Interpretations Committee (IFRIC) Agenda Decision published in April 2021.

Commenting, Steve Francis, Chief Executive Officer, said:

" 2021 was a pivotal year - accelerating progress on our strategy has returned the Group to profitability ahead of expectations, delivering above market growth rates and consistent margin improvement, the result of record performance in France and Poland, and strong turnaround in the UK."

"In uncertain times, SIG demonstrated in 2021, as it has in previous decades, its ability to manage successfully through inflationary and volatile market conditions, thanks to our strong relationships with suppliers and customers, and the quality of our people."

"Growth momentum, resilience of our businesses, and experienced leadership all underpin our confidence in the organic growth path towards 5% underlying operating margin in the medium term."

"I'm proud that SIG has a long-established focus on energy efficient solutions, and we will play a leadership role in the shift to sustainable construction."

"SIG is back to winning ways, and we look forward to 2022 and beyond with confidence."

skinny
11/3/2022
07:04
Good results today
ayl30
09/3/2022
15:30
Showing considerable posting restraint on Shi. Here and lse. Quite unusual and strange for these chat shows, don’t you think?
I do.
Makes you wonder.
Could be a few wolves in sheeps clothing in the Shi flock.

elongate
09/3/2022
10:29
Doing alright so far - lifting before and after the pension fund notification ( we will never know what prices they paid ) - but it will have to do a lot better for the non-execs to profit from their 50p buys end of last year. They will have had further horizons than most who inhabit these chat shows.
elongate
07/3/2022
18:05
Picking up from a post on lse and a cursory check, they previously held nearly 4% ( perhaps more ) and went out completely on the face of it.
It is a large pension fund, with heavy responsibilities, and presumably with the quality enquiry ability and advice to go with it. Obvs. they believe it is safe to go back in now.

elongate
07/3/2022
17:19
3%, so must see a mid/longer term future for it. Buying on the way down, though may have bought some off market.
elongate
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