Sigma Capital sees FY results broadly in line with views

Sigma Capital Group said it continues to make encouraging progress and that results for the year are expected to be broadly in line with current market views.

"This has been achieved without the benefit of the launch of an additional phase of managed PRS before the year end and reflects a better than expected performance from both Sigma's own self-funded activities and its regeneration projects with local authorities," the company said in a statement.

"Prospects for the new financial year remain positive, with a substantial pipeline of qualified development opportunities and strong rental demand across the portfolios," it added.

"The Board expects to announce full year results in April when an update on current trading will be also provided."