first_img SIG, the insulation and roofing group, said UK government austerity measures were a drag on its outlook despite an encouraging start to the second half after a fall in first-half pretax profit.Sales across the group recovered in May and June — with sales per day in July up four per cent year-on-year — after cold weather badly affected sales at the start of the year.“We think that certainly over the last three to five months, things have been gradually improving,” said chief executive Chris Davies.SIG reported a core pre-tax profit of £18.5m for the six months to the end of June, compared with £21.9m in the same period last year.However, the company offered a note of warning due to a faltering economic recovery and the British government’s programme to slash public spending.“SIG’s management remains cautious on how its markets will develop over the next few months … based on the continuing macroeconomic uncertainty and concerns about the potential impact of government austerity measures and credit availability,” chairman Les Tench said yesterday.Shares in SIG closed up 2.5 per cent at 93p yesterday. More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com Share whatsapp SIG fears government cash cuts Show Comments ▼ KCS-content center_img Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoinvesting.comCanceled TV Shows Announced: Full Updated Listinvesting.comUndoWorld LifestyleCouple Has No Idea Why Photo Goes Viral, Then They Notice This In The CornerWorld LifestyleUndothedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comUndoAll Things Auto | Search AdsNew Cadillac’s Finally On SaleAll Things Auto | Search AdsUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndo Wednesday 25 August 2010 8:45 pm whatsapp Tags: NULLlast_img

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