Earnings PerformanceSigmaRoc’s FY24 results were in line with revenue and expectations set in a trading update in February but beat consensus by around 10% at the earnings level.
German Infrastructure26% of SigmaRoc's sales are from Germany, and its exposure mostly to steel and construction, making it a significant beneficiary of Germany's proposed €500bn infrastructure programme, and increased defence spending.
Synergy TargetsSigmaRoc has raised its synergy targets a second time, from a minimum of €30m a year ago to €40m now; its €60m maximum remains in place.