SIG Posts FY09 Loss; Sees Lower Pre-tax Profit In H1 - Update

Construction products supplier SIG plc (SHI.L) Thursday reported a loss for 2009, as exceptionally challenging trading conditions led to a decline in revenue and the company incurred more charges than last year. Looking ahead, SIG said its pre-tax profit for the first six months of 2010 will decline from last year due mainly to bad weather conditions in the early part of the year.