Builders and building materials
SigmaRoc makes £1.5mln profit from selling plot of land
Gearing ratios are expected to be “significantly reduced” by the sale
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 remains confident as buy and build strategy continues apace
The second half should see us deliver more from our existing business and enter new markets with significant potential for the group.”
SigmaRoc to buy Belgian sea defence rock quarrying firm Stone
"The acquisition of Stone will offer SigmaRoc an operating hub in the Benelux region, from which the group can expand," SigmaRock said.
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Builders and building materials
SigmaRoc profits more than double in 2018
For the year ended 31 December, the construction materials group reported an underlying pre-tax profit of £5.5mln, 113.8% higher than the prior year
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Builders and building materials
SigmaRoc expands Welsh portfolio with purchase of stake in quarrying group GD Harries
SigmaRoc said it will purchase a 40% stake in GDH for £4.89mln with an option to acquire the remaining 60% for £7.5mln before 31 August 2020
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FTSE 100 closes flat as traders don't know which way to turn
Footsie closed down around 0.19 at 7,436, while mid-cap FTSE 250 was up around 95 points at 19,807
FTSE 100 closes marginally higher ahead of next Parliamentary vote on Brexit
The January US Durable Goods Orders and Shipments Report showed that business equipment investment got off to a sluggish start this year, Berenberg Capital Markets noted
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Spring Statement to dominate on Wednesday amid fallout from Brexit deal vote
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XLMedia and Serinus Energy among Tuesday’s small-cap losers
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