Severfield - On track
Severfield’s closing FY18 update reiterated latest guidance and management’s confidence in attaining its FY20 PBT target of £26m. As previously...
47 Views
Severfield - Strength in diversity
Strong H118 results and positive order book development cause us to raise estimates, especially for the current year with better dividend prospects...
50 Views
Reassurance and encouragement
Severfield continues to trade in line with existing expectations though adverse sector sentiment has weighed on the company’s share price. There is...
120 Views
Delivering against strategy
Good momentum is apparent in Severfield’s results, with healthy progress in revenue and margins in the UK and a profit contribution from the Indian...
62 Views
Better revenue, margin and cash progress
FY17 has seen a strong close and we have increased FY17 and FY18 estimates as a result. Margin improvement has been a key focus, but this...
126 Views