SIG increases 2013 final dividend by 20%

DividendMax Ltd.

SIG increases 2013 final dividend by 20%


·     Trading improved in both regions as 2013 progressed

·     Like-for-like sales down 0.4% for the year, up 2.2% in H2

·     Post-tax return on capital employed up 20bps to 8.8%

·     Strategic initiatives gaining momentum

·     Market outperformance of 2.8%

·     Statutory profit before tax of £2.1m

·     Net debt of £121.2m including £16.4m of acquisition expenditure

·     Divested underperforming German roofing business

·     Final dividend increased by 20%; total dividend up 18.3% to 3.55p per share

·     Outlook and expectations unchanged from January trading statement

Companies mentioned