AI assistant
SEVERFIELD PLC Regulatory Filings 2023
4741_rns_2023-04-28_67db195e-4f51-44f7-9e26-0bc1fe6433d9.html
Regulatory Filings
Open in viewerOpens in your device viewer
National Storage Mechanism | Additional information 
RNS Number : 8533X
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.
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.
| Broad coverage | Analyst calibre | |||
| across 12 sectors | ||||
| Business Services | Oil & Gas | 15 analysts |
with average | 20 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:
+44 (0) 20 7781 5300
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 [email protected] 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