Dry lining sales slump sends SIG into the red

Insulation and building products supplier SIG has posted a pre-tax loss of £11.3m from a turnover of £1.32bn for the six months to June 30 2024.
The results compare to a pre-tax profit of £12.2m from a turnover of £1.4bn in the same period last year.
SIG said it was hit by challenging market conditions across Europe with revenue down 9% in the UK at £553m with the interiors division hardest hit with a 14% drop in sales to £250m.The company said: “Growth