SIG racks-up another £21m loss

Building materials distribution giant SIG made a pre-tax loss of £21.6m in the six months to June 30 2026.
It was an improvement on last time when losses were £33.1m as turnover dipped to £1.29bn from £1.3bn.
SIG bosses are braced for tough market conditions to continue this year “and possibly throughout 2027.”The company is accelerating is efficiency drive which is expected to save £100m by the end of next year as underperforming businesses will be clos