LONDON (ShareCast) - (Sharecast News) - SigmaRoc delivered a strong start to 2025, reporting first-quarter revenue of £252m on Thursday, up 18.3% year-on-year, with underlying EBITDA rising 30.4% to £49m.
The AIM-traded firm said its EBITDA margin improved by 180 basis points to 19.4%, as it benefited from margin-focused optimisation and continued delivery of its synergy programme.

On a proforma basis, revenue increased marginally by 0.2%, with underlying EBITDA up 1.3% and EBITDA margin ahead by 20 basis points.

Volumes of high-grade minerals were slightly higher, while stone and value-added product volumes declined modestly, in line with strategic product mix and network optimisation efforts.

The company also announced the successful refinancing of its bridge loan, replacing it with a new five-year fixed-rate facility on preferential terms.

It said the synergy programme remained on track, with a minimum benefit of €40m expected.

SigmaRoc noted ongoing political and economic uncertainty but highlighted the strength of its diversified business model and its positioning to capitalise on emerging opportunities.

It said it expected to benefit from stimulus measures such as Germany's newly approved infrastructure fund, with positive implications for construction and industrial demand in adjacent markets.

The board confirmed that its outlook for the full year remained unchanged, and expressed confidence in the group's ability to make further progress in 2025 and beyond.

"I reported at the time of our final results that the first two months of the year had started well, and I am pleased to say that this trend has continued in March with trading marginally ahead of our expectations," said chief executive officer Max Vermorken.

"Although the political and economic environment is currently volatile, the lime and minerals markets are indispensable to the proper functioning of all areas of the European economy.

"SigmaRoc remains at the heart of this with the supply of essential products to the industrial, environmental and construction markets."

At 1151 BST, shares in SigmaRoc were up 3.75% at 94p.

Reporting by Josh White for Sharecast.com.

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