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An update from SigmaRoc ( (GB:SRC) ) is now available.
SigmaRoc announced that its 2024 earnings and EPS are modestly ahead of consensus expectations, largely due to strategic acquisitions and disposals. The company completed a transformative acquisition of lime and limestone assets from CRH, effectively doubling its size and enhancing its European market position. Revenue increased by 72% year-on-year, driven by acquisitions, while the company also divested non-core assets in Belgium and France. Despite challenges in residential construction and steel markets, SigmaRoc maintained robust performance in infrastructure and other key markets, positioning itself well for 2025 with a focus on cost management and strategic growth.
More about SigmaRoc
SigmaRoc is a prominent European lime and minerals group that focuses on the production and distribution of lime and limestone products, serving industrial mineral markets, infrastructure, environmental, and food sectors.
YTD Price Performance: 1.39%
Average Trading Volume: 3,109,343
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £813.8M
For detailed information about SRC stock, go to TipRanks’ Stock Analysis page.