SIG Plc Reports Financial Progress In H1FY19 Despite Falling Construction Activity In The UK

  • Sep 06, 2019 BST
  • Team Kalkine

SIG Plc (LSE: SHI), for the six months ended 30 June 2019 has reported financial progress, despite falling construction activity, particularly in the UK. While, the company’s pre IFRS 16 revenue declined by 5.1% £1,260.1million, as compared to £1,327.5million in H1 FY18, the underlying PBT, pre IFRS 16, coming in-line with expectations moved up by 19.5% to £30.0 million, as compared to £25.1 million in H1 2018, and underlying earnings per share, pre IFRS 16, were up 23.3% to 3.7p (H1 2018: 3.0p).

On 6th September 2019, at the time of writing, GMT 08:03 AM, SHI shares were trading at GBX 125.80, down by 3.30 points or 2.56% against the previous day closing price.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?

Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.

We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.

To know more about these dividend stocks, click here

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK