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SigmaRoc PLC on Tuesday reported encouraging developments in some markets, including ‘signs of optimism’ in Germany, as it disclosed an increase in underlying earnings. The London-based limestone and minerals company said revenue increased 6.3% to £775 million in the nine months that ended September 30 from £729 million a year prior. Underlying earnings before interest, tax, depreciation and amortisation grew 17% to £192.9 million from £165 million, with underlying Ebitda margin improving to 24.9% from 22.6% a year ago. SigmaRoc said it remains confident in its full-year expectations and projects full-year earnings per share to be no less than 9.5 pence. This would represent growth of 14% from 8.35p in 2024. Shares in SigmaRoc rose 3.5% to 115.66 pence each in London on Tuesday morning. In a trading update, the company said it has seen encouraging developments in some markets adding to continued trends in others. UK and Ireland continued to perform well, Belgium is now showing some signs of recovery, while ‘signs of optimism’ are also visible in Germany with increased residential planning approvals. The Nordic markets performed as expected, the firm added. In addition, Sigmaroc expects a minimum of £21 million in synergy savings for the full year. Looking ahead, Chief Executive Max Vermorken said: ‘We see little change in Q4 but expect the demand picture to change with an improved construction outlook as and when cyclical demand returns and the effects of the stimulus programmes are felt. ‘The German stimulus programme will bring much needed support to industrial Europe and the construction sector, further helped by actions taken by the European Union on steel imports. These trends could materially improve the trading environment for businesses like ours.’ Copyright 2025 Alliance News Ltd. All Rights Reserved.
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