Building and interior products supplier SIG plc, which sold the Leaderflush Shapland doorset business last summer, has reported a 3.5% growth in UK and Ireland annual sales.
Sig, whose business also includes the manufacture and distribution of insulation, drylining, partition systems, floor coverings and roofing materials, said UK and Ireland business made up about 44% of group sales in the year ended December 31.
Total sales reached £2.7bn, an 8% growth, while underlying pre-tax profits are expected to be about £80m.
“Whilst trading in the last quarter of 2011 remained resilient, the recent weakening in the macroeconomic outlook for both the UK and mainland Europe leads the group to expect that market volumes will be slightly down overall in 2012,” it said.
Sig sold its interiors manufacturing division, including the UK’s leading bespoke doorset producer Leaderflush Shapland, to Laidlaw Solutions last summer in a deal which created Laidlaw Interiors Group.
