This content is not available in your region

SIG sees earlier-than-expected return to profitability

Access to the comments Comments
Text size Aa Aa

(Reuters) – SIG said on Wednesday it expects to deliver an underlying operating profit in the first half of 2021, returning to profitability earlier than expected, as the building materials supplier recovers from a COVID-19 pandemic-led slump.

SIG, which supplies roofing and insulation materials in Britain, France, Germany, and Ireland, among others, had said in January that it expected a return to profitability in the second half of 2021.

(Reporting by Aby Jose Koilparambil in Bengaluru; editing by Uttaresh.V)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on for a limited time.