SIG plc - Update confirm trading remains challenging

Davy Research
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SIG is working off the same playbook as its peers in its response to COVID-19. It expects to formally report 2019 results in the week beginning April 27th. The business was already challenged and this will only be amplified by recent events. The sale of the Air Handling business, which left SIG in a net cash position, increasingly looks a move of huge importance.