Severfield, the UK’s leading structural steel specialist, has signalled ahead of today’s Capital Markets Event that a strong second-half performance confirms that FY23 results should be in line with its previous expectations. The acquisition of Dutch fabricator Voortman Steel Construction Holding (VSCH), announced on 15 March, also prompted us to increase estimates for the following two years (see note). Today’s event will include a focus on opportunities in Europe, while the Indian JV continues ....
27 Mar 2023
PROGRESSIVE: Severfield - Outlook confirmed ahead of investor teach-in
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PROGRESSIVE: Severfield - Outlook confirmed ahead of investor teach-in
Severfield Plc (SFR:LON) | 66.8 1.9 4.3% | Mkt Cap: 206.8m
- Published:
27 Mar 2023 -
Author:
Alastair Stewart -
Pages:
5
Severfield, the UK’s leading structural steel specialist, has signalled ahead of today’s Capital Markets Event that a strong second-half performance confirms that FY23 results should be in line with its previous expectations. The acquisition of Dutch fabricator Voortman Steel Construction Holding (VSCH), announced on 15 March, also prompted us to increase estimates for the following two years (see note). Today’s event will include a focus on opportunities in Europe, while the Indian JV continues ....