
Building materials supplier SIG plc SHI, -19.97% lost a fifth of its value on Thursday after reporting a deterioration in sales accelerated in December, with sales per working day a quarter lower than November. SIG said second-half like-for-like sales slumped 8.3%. It's forecasting underlying profit before tax, before asset sales and exceptional items, for the year of £42 million, versus the previous analyst consensus of £62 million.
"profit" - Google News
January 09, 2020 at 05:13PM
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SIG slumps 20% after profit warning - MarketWatch
"profit" - Google News
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