SigmaRoc 2023 profit plunges on increased costs; revenue up
18th Mar 2024 11:19
(Alliance News) - SigmaRoc PLC on Monday said its annual profit dropped as costs rose, but the company maintained a hopeful outlook. Read More
(Alliance News) - SigmaRoc PLC on Monday said its annual profit dropped as costs rose, but the company maintained a hopeful outlook. Read More
SigmaRoc PLC - Dublin-based building materials company specialising in lime and limestone - Issues notice of exercise of its call option, entered on November 22, to acquire the UK lime operations of CRH PLC, another building materials company based in Dublin. Expects completion by the end of March, for a total consideration of EUR155 million. Says the "UK target" generated revenue of EUR105.4 million an operating profit of EUR19.5 million in 2022. Company had in November already acquired CRH's lime operations in Germany, Ireland and the Czech Republic, and says it is pleased with their integration so far. Read More
(Alliance News) - Sigmaroc PLC on Thursday said that "excellent final quarter trading" would push its annual earnings and earnings per share ahead of previous expectations. Read More
(Alliance News) - CRH PLC on Thursday said it had completed stage one in the divestment of its European limestone operations to SigmaRoc PLC, which the latter said will help it become "Northern Europe's leader in lime". Read More
SigmaRoc PLC - London-based buy-and-build specialist targeting construction materials assets - Shares resume trading on AIM in London on Thursday after SigmaRoc raises GBP200 million in equity to help buy assets from Dublin-based building materials firm CRH PLC. Trading had been suspended on Wednesday, as the EUR1 billion purchase of CRH assets, including in Germany, Czech Republic and Ireland, constitutes a reverse takeover. SigmaRoc on Thursday calls a general meeting for December 11 so that shareholders can vote on the acquisition and share issue. Read More
(Alliance News) - SigmaRoc PLC on Wednesday said it raised funds, hours after CRH PLC announced it agreed to sell lime operations in Europe to SigmaRoc in deal worth EUR1 billion. Read More
(Alliance News) - CRH PLC on Wednesday said it has agreed to sell lime operations in Europe to London-listed SigmaRoc PLC in a deal worth EUR1 billion. Read More
(Alliance News) - Stocks in London saw some slight gains early Wednesday, in a sign of tentative optimism before Chancellor Jeremy Hunt's autumn statement. Read More
(Alliance News) - Stock prices in London opened slightly higher on Wednesday, signalling cautious optimism ahead of UK fiscal policy announcements. Read More
(Alliance News) - Stocks are expected to edge higher at Wednesday's market open in London, as investors look ahead to the latest fiscal announcements from the UK government. Read More
(Alliance News) - SigmaRoc PLC on Wednesday said it is confident it will deliver its full-year expectations as it reported a rise in revenue in its latest quarterly update. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - SigmaRoc PLC on Monday said its interim revenue grew on higher market demand and said it will maintain its full-year expectations. Read More
SigmaRoc PLC - London-based buy-and-build group targeting construction materials assets in the UK and Northern Europe - Signs deal with Material Evolution to develop a range of low carbon concrete products. Mevo is an advanced materials company producing low carbon cement from industrial waste streams. Mevo has created a process, producing an emission-free substitute for ready-mix and precast concrete. "This innovative manufacturing process effectively addresses the problem of high CO2 emissions from conventional cement production by producing cement at ambient temperatures using various waste materials and feedstocks, thereby eliminating the reliance on fossil fuels," Sigma adds. Read More
(Alliance News) - SigmaRoc PLC on Thursday said that it has installed its first carbon capture unit at Nordkalk Oy AB's site in Koping, Sweden. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More