Half Year Results 

Smaller is beautiful for Severfield

Smaller is beautiful for Severfield

London’s Shard and ‘Cheesegrater’ skyscrapers, along with Tottenham Hotspur’s stadium, sit among Severfield’s (SFR) portfolio of high-profile projects in the capital. And it’s now gearing up on a £50m contract to put up steel at the Google headquarters building in London’s King’s Cross. The structural steelwork specialist closed out its half-year with a near-record order book and improvements in the underlying operating margin mean that it’s on track to achieve its target of “doubling 2016 underlying profit before tax to £26m by 2020”.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now