Sigmaroc (SRC)

Sector:

Construction and Building Materials

Index:

FTSE AIM 50

64.20p
   
  • Change Today:
    -0.80p
  • 52 Week High: 70.40
  • 52 Week Low: 45.00
  • Currency: UK Pounds
  • Shares Issued: 1,114.85m
  • Volume: 958,873
  • Market Cap: £715.74m
  • RiskGrade: 161

SigmaRoc gets UK patent for new retaining wall system

By Josh White

Date: Friday 04 Nov 2022

LONDON (ShareCast) - (Sharecast News) - Quarried materials group SigmaRoc has obtained a UK patent on its 'Alfabloc Mark II' retaining wall systems, it announced on Friday.
The AIM-traded company said that with the acquisition of Poundfield Products in 2017, SigmaRoc also acquired a series of patents covering walling systems suitable for construction, agriculture, sea defence and military applications.

Over the years, it said it had continued to develop its product portfolio with further innovations, including the evolution of its "well-known" Alfabloc system.

"The Alfabloc is an interconnecting precast concrete walling system produced in the UK, Ireland, Benelux and Scandinavia," the board said in its statement.

"Each free-standing section can be interlocked to form a continuous wall of heights up to 6 metres.

"In this way the Alfabloc system was used at for example Heathrow Airport, nuclear facilities and numerous construction and industrial applications."

SigmaRoc said Alfabloc Mark II made the installation and interlocking "even faster", with the constructed wall "entirely seamless" once in place.

"The Alfabloc Mark II will be produced as an ultra-low carbon product from January.

"The patent will allow Poundfield to continue its investment in innovative solutions."

At 1237 GMT, shares in SigmaRoc were up 3.34% at 49.5p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Sigmaroc Market Data

Currency UK Pounds
Share Price 64.20p
Change Today -0.80p
% Change -1.23 %
52 Week High 70.40
52 Week Low 45.00
Volume 958,873
Shares Issued 1,114.85m
Market Cap £715.74m
RiskGrade 161

Sigmaroc Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
86.03% above the market average86.03% above the market average86.03% above the market average86.03% above the market average86.03% above the market average
85.37% above the sector average85.37% above the sector average85.37% above the sector average85.37% above the sector average85.37% above the sector average
Price Trend
55.82% above the market average55.82% above the market average55.82% above the market average55.82% above the market average55.82% above the market average
41.46% above the sector average41.46% above the sector average41.46% above the sector average41.46% above the sector average41.46% above the sector average
Income Not Available
Growth
63.29% above the market average63.29% above the market average63.29% above the market average63.29% above the market average63.29% above the market average
56.10% above the sector average56.10% above the sector average56.10% above the sector average56.10% above the sector average56.10% above the sector average

What The Brokers Say

Strong Buy 3
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 4
strong_buy
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Sigmaroc Dividends

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Trades for 25-Apr-2024

Time Volume / Share Price
16:35 132,624 @ 64.20p
16:35 946 @ 64.20p
16:35 1,106 @ 64.20p
16:35 89 @ 64.20p
16:35 1,343 @ 64.20p

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