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Share Name Share Symbol Market Type Share ISIN Share Description
Severfield Plc LSE:SFR London Ordinary Share GB00B27YGJ97 ORD 2.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.40 -1.75% 78.60 78.60 79.80 78.60 78.60 78.60 89,780 16:35:19
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Engineering 363.3 21.1 5.6 14.0 242

Severfield PLC Progressive publishes new research

03/09/2020 10:58am

RNS Non-Regulatory


TIDMSFR

Severfield PLC

03 September 2020

 
Dividend reinstated after 'encouraging' restart 
 The UK's largest structural steel construction specialist has reinstated the final dividend 
 for FY 2020 following "encouraging" activity levels since the lockdown was lifted. This morning's 
 AGM statement confirms that the group remains cash-positive and that the order book has remained 
 steady over the summer. We continue to believe the Group is likely to benefit from growth 
 in logistics and datacentres, reinforced since Covid-19, as well as the significant opportunities 
 from HS2, which we explore further in this note 
 

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 based    Extel 
      Mining         Utilities                    awards       StarMine 
 

For further information please contact:

Emily Ritchie

+44 (0) 20 7781 5311

eritchie@progressive-research.com

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END

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September 03, 2020 05:58 ET (09:58 GMT)

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