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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Severfield Plc | AQSE:SFR.GB | Aquis Stock Exchange | Ordinary Share | GB00B27YGJ97 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-1.00 | -1.27% | 77.50 | 74.00 | 81.00 | 80.00 | 78.50 | 80.00 | 0.00 | 16:29:57 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMSFR
Severfield PLC
21 November 2023
Guidance reiterated after H1 profits increase Severfield has reiterated its FY24E guidance after delivering a 17% increase in underlying PBT despite 'challenging' market conditions. We retain our profitability and cash flow estimates for FY24E and FY25E, with higher margin assumptions offsetting lower revenue projections. In our view, the long-term outlook continues to be underpinned by new markets, such as datacentres and nuclear work - plus a recent revival in London office work - with further growth likely from the group's expansion in the EU and India.
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(END) Dow Jones Newswires
November 21, 2023 03:02 ET (08:02 GMT)
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