SIG increases its 2015 interim dividend by 19%

DividendMax Ltd.

SIG increases its 2015 interim dividend by 19%

Highlights

·     Group sales increased 3.1% in constant currency and by 0.6% on LFL*** basis

·     Improving trend in Mainland Europe with LFL sales turning positive Q2 2015

·     UK & Ireland LFL sales up 2.8%

·     Strategic Initiatives ahead of schedule; £7.0m incremental net benefit H1 2015

·     Gross margin increased 20bps to 27.1%

·     Supply chain review progressing well; findings to be presented Q4 2015

·     Eight infill acquisitions for initial consideration of £34.0m and earn-out up to £10.2m

·     Statutory profit before tax increased to £26.8m

·     Interim dividend up 19.0% to 1.69p per share

Companies mentioned