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 successful trading period shows through in a broader number of areas. Severfield’s full year results are scheduled for 14 June; order book progression and revenue run rates at that time will inform FY18 prospects more fully.
29 Mar 2017
Better revenue, margin and cash progress
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Better revenue, margin and cash progress
Severfield Plc (SFR:LON) | 66.5 1.9 4.3% | Mkt Cap: 205.8m
- Published:
29 Mar 2017 -
Author:
Toby Thorrington -
Pages:
3
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 successful trading period shows through in a broader number of areas. Severfield’s full year results are scheduled for 14 June; order book progression and revenue run rates at that time will inform FY18 prospects more fully.