SigmaRoc (LSE:SRC) reported revenue of £523.1 million for the first half of 2026, an increase of 2.5%, while underlying EBITDA rose more than 11% to £131.2 million.
The European lime and minerals group recorded a 200-basis-point increase in its underlying EBITDA margin. Underlying earnings per share increased 12.2% compared with the prior-year period.
Net debt declined 7.2%, while covenant leverage improved to 1.66x. Return on invested capital increased to 11.8%.
Operationally, core volumes rose 1% during the period, while the company said pricing remained firm. SigmaRoc attributed its margin performance to commercial and operational measures alongside cost controls.
The group also secured permits covering an additional 64 million tonnes of high-grade limestone resources in Sweden. SigmaRoc reported an AAA ESG rating during the period.
On financing, the company put in place a new investment-grade facility and accordion, increasing the funding available for potential acquisitions.
SigmaRoc said trading remained resilient despite geopolitical tensions in the Middle East, citing its range of end markets and flexible cost structure.
The company reported that trading in the seasonally stronger second half was running ahead of the comparable period last year. The board reiterated its expectation that full-year 2026 results will be in line with market expectations.
Management identified energy transition, defence and data infrastructure as areas contributing to demand across markets served by the group.
More about SigmaRoc
SigmaRoc is a quoted European lime and minerals group producing lime and limestone-based products for a range of industrial and construction applications.
Its products are used in areas including construction, environmental remediation, battery production and other industrial projects. The group operates a portfolio of mineral assets and pursues growth through acquisitions alongside operational and cost-efficiency measures.
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