{"id":84421,"date":"2025-10-17T13:56:07","date_gmt":"2025-10-17T13:56:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/84421\/"},"modified":"2025-10-17T13:56:07","modified_gmt":"2025-10-17T13:56:07","slug":"sig-contends-with-flat-market-as-subdued-demand-and-pricing-pressures-persist","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/84421\/","title":{"rendered":"SIG contends with flat market as subdued demand and pricing pressures persist"},"content":{"rendered":"<p>For the three months ended 30 September 2025, group revenue remained flat, with year-to-date growth improving slightly by one per cent.<\/p>\n<p>The underlying operating profit outlook for the full year remains unchanged at \u00a331.6 million, in line with market expectations of \u00a330-35 million.<\/p>\n<p>SIG reported that like-for-like sales were also flat compared to the previous year\u2019s third quarter, with underlying volumes up one per cent, reflecting subdued demand across its core markets, including interiors and roofing.<\/p>\n<p>The company, which operates across Europe, noted \u201cno material signs of market recoveries\u201d during the period, with <a href=\"https:\/\/constructionwave.co.uk\/?s=pricing+pressures\" target=\"_blank\" rel=\"noopener nofollow\">pricing pressures<\/a> continuing to more than offset input cost inflation, resulting in a net one per cent reduction in pricing, consistent with the first half of the year.<\/p>\n<p>In the UK, the interiors business outperformed with \u00a3135 million in sales and five per cent like-for-like growth in the quarter.<\/p>\n<p>Meanwhile, the specialist markets and roofing divisions saw no growth, despite the latter delivering a positive three per cent increase, contributing \u00a3293 million in sales for the first nine months of 2025.<\/p>\n<p>The group continues to make \u201cgood progress\u201d on operational initiatives aimed at improving cost efficiency and <a href=\"https:\/\/constructionwave.co.uk\/?s=working+capital\" target=\"_blank\" rel=\"noopener nofollow\">working capital<\/a>, including material cost actions taken in late 2024 in the UK interiors business.<\/p>\n<p>Further productivity and cost measures remain a key focus.<\/p>\n","protected":false},"excerpt":{"rendered":"For the three months ended 30 September 2025, group revenue remained flat, with year-to-date growth improving slightly by&hellip;\n","protected":false},"author":2,"featured_media":84422,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[138,220,111,139,69],"class_list":["post-84421","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-business","tag-markets","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/84421","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=84421"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/84421\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/84422"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=84421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=84421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=84421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}