In good shape.
SIG assurance sends stock soaring
Published: 18 January, 2010
ESSEX: Shares in building materials distribution company SIG climbed after the firm reassured its investors that it will meet full-year profit expectations.
SIG - short for Sheffield Insulation Group - had warned that "exceptionally challenging market conditions had persisted" and that the bad weather had disrupted operations. But, the firm stated that it "remained on track" to report a pre-tax profit of £60m.
"SIG is in good shape to deal with its markets and to take advantage of their recovery," said the company.