Subdued market sees profit warning from SIG

Insulation and building products supplier SIG issued a profit warning to the city today as continued weaker trading in May and June pushed back the timing of an anticipated market recover.
SIG operates across Europe and subdues trading was most marked in the end markets of its UK Interiors business, France and Germany.
The firm said demand was more robust at the UK exteriors business but “group sales overall were weaker than expected in May and June to date.”SIG said: “Given th