Builders and building materials
SigmaRoc has reached critical mass and can self-fund expansion says broker
Liberum has upped its share price target to 92p from 86p
Company
SigmaRoc PLC
LON:SRC
SigmaRoc PLC is a buy-and-build group targeting construction materials assets in the UK and Northern Europe. The company seeks to create value by purchasing assets in fragmented construction materials markets and extracting efficiencies through active management and by forming the assets into larger groups. SigmaRoc seeks to derisk its investments via strong asset backing at its projects.
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Builders and building materials
Sigmaroc says sales and profits spike in 2020
Underlying revenues in the year to end-December 2020 rose by 76% to £124.2mln
Builders and building materials
SigmaRoc makes two Belgian acquisitions; forms second construction materials platform
The purchases of B-Mix Beton and Casters Beton will bring aboard businesses that generated €22mln of annual turnover
Builders and building materials
Sigmaroc takes full control at CDH and plans European expansion
Sigmaroc expects to generate an incremental underlying profit [EBITDA] of €1m per annum from the move
Builders and building materials
SigmaRoc readies for assault on Europe after CDH tidy-up
Founded in 2016, the firm looks to create value by purchasing assets in the fragmented construction materials market and forming them into larger groups to create efficiencies
Builders and building materials
SigmaRoc launches UK's first cement-free concrete block
“It addresses a key challenge in the building products industry, the embodied CO2 in one of the most widely used building materials"
Builders and building materials
SigmaRoc puts in strong finish to 2020; broker upgrades target price
House broker Liberum has increased its price target to 73p from 70p
Builders and building materials
SigmaRoc jumps as it clinches new credit facility to continue buy-and-build strategy
The building materials group said the £125mln facility and £12.4mln in funds raised in early December has placed it in a “solid position” to take advantage of “multiple near-term opportunities”
Builders and building materials
SigmaRoc raises funds to accelerate investments, trading ahead of expectations
The construction materials group said it has developed an investment pipeline of bolt-on acquisition and small expansion investment opportunities that the additional funds will allow it to execute
Builders and building materials
SigmaRoc acquires outstanding 60% of south Wales quarry business GDH
GDH operates 17 production facilities producing asphalt, concrete and including a wharf operation, as well as four road contracting units
Builders and building materials
SigmaRoc jumps as earnings and revenue surge in first half
The construction materials group said it has “delivered results ahead of its own expectations given the challenging trading environment”
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Builders and building materials
SigmaRoc’s CDH inks roadworks funding agreement with Walloon government
The project will consist of the displacement of two sections of public road currently separating 116 hectares of CDH's 351 hectares of permitted land and minerals from its main quarry site in the town of Soignies
Builders and building materials
Sigmaroc generates revenue of £42mln, boosting cash pile
In some areas, the group's business is returning to pre-coronavirus pandemic levels
Builders and building materials
SigmaRoc advances with optimism as 2019 results highlight strong growth
The business is well-positioned to successfully manage the challenges presented by the coronavirus pandemic, according to chairman David Barrett.
Builders and building materials
Sigmaroc earnings more than double over the first quarter
With necessary precautions in place, most of Sigmaroc's operations are continuing
Builders and building materials
Sigmaroc says final results will exceed analysts’ expectations, has enough liquidity in place to weather coronavirus storm
The company remains operational across all its sites, but all staff who can work from home are doing so
Builders and building materials
SigmaRoc’s CDH acquisition offers chance to build “national Belgian business”
Analysts at Liberum said the €81.3mln purchase will boost EPS by 20% and provide opportunities to lift EBITDA by over 30%
Builders and building materials
Small cap movers: Another twist in Eddie Stobart saga
A look back at some of the key movers on London's junior market this past week
Builders and building materials
SigmaRoc proposes acquisition of Europe’s largest bluestone and limestone quarry
CDH recorded €45.9mln in revenue and €12mln in underlying earnings in the year to 30 June