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Severfield PLC Ord 2.5p (SFR)

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24-Nov-2020 09:59 AM

Severfield holds dividend steady as underlying profit rises 3%

Structural steel group Severfield posted a 20% drop in first-half profit owing to acquisition-related expenses, though its underlying performance improved on higher revenue. Pre-tax profit for the six months through September decreased to £6.6 mill
18-Jun-2020 09:20 AM

Broker Forecast - Peel Hunt issues a broker note on Severfield

Peel Hunt today reaffirms its buy investment rating on Severfield (LON:SFR) and raised its price target to 100p (from 70p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
17-Jun-2020 07:45 AM

Severfield profit rises 4.5%; suspends decision on dividends

Structural steel group Severfield posted a 4.5% rise in annual profit but suspended dividends until it gets more clarity on the impact of Covid-19. Pre-tax profit for the year through March increased to £25.8m, up from £24.7m on-year, as reve
21-Apr-2020 09:43 AM

Severfield delays loan repayments until September as Covid-19 crisis bites

Steel scaffolding supplier Severfield said it had agreed with its lenders to delay quarterly loan repayments as the Covid-19 crisis hurts its profits. Severfield said the pandemic was not expected to have a material impact on its results for the year thr
16-Apr-2020 01:20 PM

Broker Forecast - Jefferies International issues a broker note on Severfield

Jefferies International today reaffirms its buy investment rating on Severfield (LON:SFR) and cut its price target to 85p (from 108p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
26-Nov-2019 08:16 AM

Severfield profit falls 36% owing to lower contract revenue

Structural steel group Severfield reported a 36% fall in first-half profit, which it pinned on the 'phasing of ongoing contract works' in its current UK and European order book. Pre-tax profit for the six months through September slipped to &po
25-Oct-2019 12:00 PM

Broker Forecast - Jefferies International issues a broker note on Severfield

Jefferies International today reaffirms its buy investment rating on Severfield (LON:SFR) and raised its price target to 103p (from 98p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
03-Sep-2019 08:17 AM

Severfield sees annual profits weighted significantly to second half

Structural steel specialist Severfield said it still expected its results for the full year to be significantly weighted to the second half. A number of large ongoing contracts were expected to deliver profits in the six months through March, 2020. &apo
19-Jun-2019 07:52 AM

Severfield profit rises 11% as margins expand

Structural steel group Severfield booked an 11% rise in annual profit after boosting its margins. Pre-tax profit for the year through March rose to £24.7m, up from £22.2m on-year. On an underlying basis, profit rose by 5.1% to £24.7m,
27-Nov-2018 08:27 AM

Severfield profit rises 14% on increased work flow

Structural steel group Severfield booked a 14% rise in profit as increased order flow and construction activity boosted sales. Pre-tax profit for the six months through September rose to £13.1m, as revenue rose 9% to £149.1m. Underlying prof
04-Sep-2018 08:08 AM

Severfield UK order book falls; Indian book rises

Structural steel specialist Severfield said its UK order book had fallen in value since June, though its Indian order book had grown. The UK order book at 1 September was £210m, compared to £237m on 1 June, but remained in line with normal or
11-Apr-2018 01:17 PM

Severfield trading in line with expectations as order book shrinks

Structural steel group Severfield said its trading performance continued to be in line with its upwardly revised expectations amid a shrinking Indian order book. The UK order book at 1 April was £242m, remaining 'solid' since 1 November,
11-Apr-2018 10:30 AM

Broker Forecast - Peel Hunt issues a broker note on Severfield

Peel Hunt today reaffirms its buy investment rating on Severfield (LON:SFR) and set its price target at 100p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
22-Feb-2018 11:50 AM

Broker Forecast - Jefferies International issues a broker note on Severfield

Jefferies International today reaffirms its buy investment rating on Severfield (LON:SFR) and raised its price target to 95p (from 91p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
14-Dec-2017 08:56 AM

Severfield wins contract at Google HQ

Severfield, a structural steel group, has been awarded a contract on the new Google headquarters in King's Cross, London. Severfield will provide 15,900 tonnes of structural steelwork services for the new 11-storey building with the work scheduled t
06-Dec-2017 01:20 PM

Broker Forecast - Jefferies International issues a broker note on Severfield

Jefferies International today reaffirms its buy investment rating on Severfield (LON:SFR) and set its price target at 91p. Story provided by StockMarketWire.com...
05-Dec-2017 08:20 AM

Broker Forecast - Peel Hunt issues a broker note on Severfield

Peel Hunt today reaffirms its buy investment rating on Severfield (LON:SFR) and raised its price target to 100p (from 90p). Story provided by StockMarketWire.com...
27-Nov-2017 02:03 PM

Severfield issues shares

Severfield has confirmed that the Company issued 60,406 shares on 24 November. At 2:03pm: (LON:SFR) Severfield share price was +0.5p at 74.5p Story provided by StockMarketWire.com...
21-Nov-2017 09:05 AM

Severfield upgrades FY guidance

Severfield upgraded its annual profit guidance after revenues and profits jumped in the first half. Underlying profit before tax rose 59% to £12.9m, as revenue increased 16% to £137.1m. The construction group declared an interim dividend of
06-Sep-2017 01:15 PM

All resolutions passed at AGM of Severfield

Severfield has confirmed that all resolutions were passed by shareholders at today's Annual General Meeting. At 1:15pm: (LON:SFR) Severfield share price was -3.25p at 64.75p Story provided by StockMarketWire.com...
06-Sep-2017 07:04 AM

Severfield trading in line with expectations

Severfield announced its trading performance and financial position remains in line with management expectations and the outlook for the year to 31 March 2018 remained unchanged. As a result of the current phasing of contract works, the results for the f
11-Apr-2017 08:10 AM

Broker Forecast - Peel Hunt issues a broker note on Severfield

Peel Hunt today reaffirms its buy investment rating on Severfield (LON:SFR) and raised its price target to 90p (from 85p). Story provided by StockMarketWire.com...
10-Jan-2017 08:20 AM

Broker Forecast - Peel Hunt issues a broker note on Severfield

Peel Hunt today reaffirms its buy investment rating on Severfield (LON:SFR) and raised its price target to 85p (from 75p). Story provided by StockMarketWire.com...
15-Jun-2016 07:35 AM

Severfield swings to FY pretax profit

Severfield has swung to a FY pretax profit of £9.6m, from a year-ago loss of £191,000, as revenue firmed appreciably to £239.4m, from £201.5m. The structural steel group proposed a final dividend of 1p a share, taking the total to
16-Feb-2016 07:44 AM

Severfield's FY trading in line with management views

Severfield said its FY trading performance and financial position continue to be in line with management expectations. "The UK business continues its good progress in a relatively stable environment and the current order book will enable continued g
 
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