Progressive publishes new research

RNS Number : 4575G
Severfield PLC
25 November 2020
 

Diversity supports resilient H1 performance

Severfield's diverse range of end-markets supported a 40% increase in sales despite "challenging" conditions for Britain's leading structural steel specialist in its first half results. Profitability and net cash also improved, with the Group predicting a further increase in profit in the second half. We have reinstated our forecasts, which initially assume the Group returning to peak earnings over a three-year horizon, boosted by further growth in Europe and recovery in the Indian JV.

 

Click here for full analysis

 

Subscribe   to Progressive's research, which is freely available to every type of investor, and be kept informed about our regular programme of investor engagement. 

About Progressive:

 

Progressive is an equity research and investor engagement company.  FCA authorised and regulated, the firm has a 15-strong team of highly experienced analysts.  We provide Institutional grade research and connect companies with investors across every sector of the market.

 

www.progressive-research.com

 

Broad coverage

 

Analyst calibre

 

across 12 sectors

 

 

 



 

 

 

Business Services

Oil & Gas

15
analysts

with average

20
years

Financials

Property

experience of

Healthcare

Retail


Industrials

Technology

30+


techMARK

Investment Trusts

Telecoms

industry based

Extel

Mining

Utilities

awards

StarMine

 

 

For further information please contact:

 

Emily Ritchie

+44 (0) 20 7781 5311

eritchie@progressive-research.com

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
NRAPPGAPGUPUURA

Companies

Severfield (SFR)
UK 100

Latest directors dealings