Financial Times FT.com

SIG debt increased by pound’s slide against euro

Published: January 13 2009 19:55 | Last updated: January 13 2009 19:55

The pre-Christmas slide in sterling against the euro helped unravel efforts by SIG, Europe’s leading supplier of insulation materials, to reduce debt, writes Michael Kavanagh.

Nevertheless, SIG said it expected underlying profits for 2008 to be in line with analysts’ expectations.

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