SigmaRoc (GB:SRC) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
SigmaRoc reported a strong third quarter, with a 67% year-on-year revenue increase to £729 million and an 88% rise in underlying EBITDA to £165 million. Despite challenges in residential construction and the German auto sector, robust performance in food, agriculture, and infrastructure sectors bolstered the company’s results. With ongoing integration of acquired assets and expectations of interest rate reductions, SigmaRoc remains optimistic about meeting its full-year expectations.
For further insights into GB:SRC stock, check out TipRanks’ Stock Analysis page.