Avonside collapse cost SIG £5m

The failure of the country’s largest roofing contractor Avonside last September cost materials supplier SIG £5m.
The hit was revealed in a trading update today which revealed strong growth at the insulation and building products supplier despite the Avonside blow.
SIG said full year like-for-like sales were up 17% in 2022 increasing revenue to £2.74bn with underlying operating profits are expected to be up to £80m from £41m in 2021.The update said: “This perfo