Insulation products supplier SIG PLC (LSE:SHI) shares bounced 4.5% higher on Wednesday morning on the back of improved third-quarter trading.
Sales dipped 4% on a year-on-year basis in the third quarter, which was an improvement from the 7% sales decline reported in the first half.
While demand in the European construction sector remains soft, SIG highlighted its focus on cash generation which has allowed the company to maintain good liquidity.
The board's expectations for full-year underlying operating profit remain unchanged, aligning with market expectations.
Shares are currently swapping for 20.45p.