SigmaRoc has posted a 67% year-on-year (YoY) increase in revenue to £729m through its first three quarters.

The limestone and minerals supplier said that a strong trading period in Q3 had positioned it for a “robust full-year finish”.

SigmaRoc’s underlying EBITDA also increased by 88% YoY to £165m in the same period, covering the nine months to 30 September, with margin improving to 22.6%.

The London-based group said a “positive start” to its H2 had continued with each of its food, agriculture, mining and infrastructure sectors performing well – mitigating “continued softness” in residential construction and isolated pockets of other markets.

It also said it would welcome expected interest rates reductions both in Europe and the UK, which should “boost general sentiment” and support a recovery in its residential construction operations.

“The group has delivered excellent results for the period despite the current mixed landscape and is well positioned to benefit from improving market sentiment,” said SigmaRoc CEO, Max Vermorken.

“Whilst remaining mindful of conditions in some of the group’s markets, the strong Q3 performance, combined with our diversified end market exposure and decentralised operating model, gives the board confidence in maintaining full-year expectations.”

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