Severfield’s rising UK order book and improving margins set a good tone ahead of FY16 results on 15 June. A recent capital markets event served to reinforce the margin development path that the company is on, with further progress targeted. Little of this appears to be factored into the share price currently and we believe the scope for outperformance is now significant.
03 May 2016
Set to outperform
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Set to outperform
Severfield Plc (SFR:LON) | 69.0 0.4 0.9% | Mkt Cap: 213.6m
- Published:
03 May 2016 -
Author:
Toby Thorrington -
Pages:
3
Severfield’s rising UK order book and improving margins set a good tone ahead of FY16 results on 15 June. A recent capital markets event served to reinforce the margin development path that the company is on, with further progress targeted. Little of this appears to be factored into the share price currently and we believe the scope for outperformance is now significant.