{"id":128108,"date":"2025-10-17T13:48:08","date_gmt":"2025-10-17T13:48:08","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/128108\/"},"modified":"2025-10-17T13:48:08","modified_gmt":"2025-10-17T13:48:08","slug":"sig-contends-with-flat-market-as-subdued-demand-and-pricing-pressures-persist","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/128108\/","title":{"rendered":"SIG contends with flat market as subdued demand and pricing pressures persist"},"content":{"rendered":"<p>For the three months ended 30 September 2025, group revenue remained flat, with year-to-date growth improving slightly by one per cent.<\/p>\n<p>The underlying operating profit outlook for the full year remains unchanged at <strong>\u00a331.6 million<\/strong>, in line with market expectations of \u00a330-35 million.<\/p>\n<p>SIG reported that like-for-like sales were also flat compared to the previous year\u2019s third quarter, with underlying volumes up one per cent, reflecting <strong>subdued demand across its core markets<\/strong>, including interiors and roofing.<\/p>\n<p>The company, which operates across Europe, noted \u201cno material signs of market recoveries\u201d during the period, with <a href=\"https:\/\/constructionwave.co.uk\/?s=pricing+pressures\" target=\"_blank\" rel=\"noopener nofollow\">pricing pressures<\/a> continuing to more than offset input cost inflation, resulting in a net one per cent reduction in pricing, consistent with the first half of the year.<\/p>\n<p>In the UK, the interiors business outperformed with <strong>\u00a3135 million<\/strong> in sales and five per cent like-for-like growth in the quarter.<\/p>\n<p>Meanwhile, the specialist markets and roofing divisions saw no growth, despite the latter delivering a positive three per cent increase, contributing \u00a3293 million in sales for the first nine months of 2025.<\/p>\n<p>The group continues to make \u201cgood progress\u201d on operational initiatives aimed at improving cost efficiency and <a href=\"https:\/\/constructionwave.co.uk\/?s=working+capital\" target=\"_blank\" rel=\"noopener nofollow\">working capital<\/a>, including material cost actions taken in late 2024 in the UK interiors business.<\/p>\n<p>Further productivity and cost measures remain a key focus.<\/p>\n","protected":false},"excerpt":{"rendered":"For the three months ended 30 September 2025, group revenue remained flat, with year-to-date growth improving slightly by&hellip;\n","protected":false},"author":2,"featured_media":128109,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[175],"tags":[79,18,19,17,188],"class_list":{"0":"post-128108","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-business","9":"tag-eire","10":"tag-ie","11":"tag-ireland","12":"tag-markets"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/128108","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=128108"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/128108\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/128109"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=128108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=128108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=128108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}