SFR Severfield Plc

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. 
 

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(END) Dow Jones Newswires

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

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