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SigmaRoc updates long-term financial targets

By Josh White

Date: Wednesday 07 May 2025

SigmaRoc updates long-term financial targets

(Sharecast News) - SigmaRoc unveiled updated long-term financial targets at its capital markets day in London on Wednesday, outlining its strategy to unlock the next phase of growth as a leading European lime and minerals group.
The AIM-traded construction materials company said it was now aiming to deliver organic revenue growth of 3% to 5% per annum through to 2030, supported by an EBITDA margin of more than 24%, a cash conversion rate exceeding 50%, and a return on invested capital above 15%.

It said it was targeting leverage of 1.5x to 2x, and confirmed that capital returns through dividends or buybacks would form part of its framework going forward.

Executives highlighted SigmaRoc's strong position in the lime and limestone industry, its disciplined merger and acquisition strategy, and its consistent delivery of operational improvements and synergy realisation following acquisitions.

The group also reiterated its commitment to decarbonisation and the use of innovative technologies to enhance efficiency and sustainability.

SigmaRoc's capital markets event followed a first-quarter trading update on 1 May, in which the firm reported revenue and profitability slightly ahead of expectations.

On a reported basis, revenue rose 18.6% year-on-year, with underlying EBITDA up 30.4% and the EBITDA margin increasing by 180 basis points.

On a pro forma basis, revenue was broadly flat, with modest gains in EBITDA and margin.

At 1150 BST, shares in SigmaRoc were up 1.23% at 99p.

Reporting by Josh White for Sharecast.com.

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