ISG improves in difficult market

Building group ISG reported a doubling of profits yesterday on unchanged sales of £1.2bn for the year to the end of June. The company made profits of £2.5m in the first half of 2013, up from 2012’s £1.2m.

“After a difficult year in Europe, with a strengthened management team and the benefit of the newly acquired German business, we anticipate an improved performance going forward,” said ISG chairman Roy Dantzic.