Severfield PLC Progressive publishes Spotlight note

TIDMSFR

Severfield PLC

28 April 2023

 
 
  Structurally re-engineered to face new horizons 
  Severfield's new divisional structure and Project Horizon operational improvement programme, 
  outlined at the recent Capital Markets Day, better focuses the UK's leading construction steel 
  specialist on growth markets, in our view. These initiatives, and the opportunity for further 
  expansion in Europe and India, could imply upside to our FY25E estimates and improved growth 
  beyond that. We also believe that greater revenue transparency could suggest the potential 
  for a re-rating. 
 

Click here for full analysis

Subscribe to Progressive's research, which is freely available to every type of investor, and be kept informed about our regular programme of investor engagement.

About Progressive:

Progressive is an equity research and investor engagement company. FCA authorised and regulated, the firm has a 15-strong team of highly experienced analysts. We provide Institutional grade research and connect companies with investors across every sector of the market.

www.progressive-research.com

 
         Broad coverage                     Analyst calibre 
       across 12 sectors 
 
 Business Services   Oil & Gas       15       with average      20 
                                   analysts                    years 
    Financials        Property                 experience 
                                                   of 
    Healthcare         Retail 
    Industrials      Technology      30+                     techMARK 
 Investment Trusts    Telecoms                  industry      Extel 
                                                  based 
      Mining         Utilities                   awards      StarMine 
 

For further information please contact:

[phone]

[e-mail]

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

NRAIPMFTMTJTMTJ

(END) Dow Jones Newswires

April 28, 2023 02:35 ET (06:35 GMT)