Severfield (LON:SFR) - Toughing it out

Thursday, Mar 24 2011 by

Mar 24th 2011 - Edison Investment Research today published a report on Severfield (SFR.L, LSE:SFR, LON:SFR) entitled "Toughing It Out". In summary, the report says:

Severfield has an enhanced competitive position, but markets rarely give credit for this in a downturn. Management flags an extended business trough into 2011, with a mix-driven upturn expected to commence next year. Despite some concern over H211 visibility, near-term order book development (based on current pipeline opportunities) could provide the catalyst for improved confidence.

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Edison Investment Research


Edison Investment Research is a leading international investment research company. It has won industry recognition, with awards both in the UK and internationally. The team of 95 includes over 60 analysts supported by a department of supervisory analysts, editors and assistants. Edison writes on more than 400 companies across every sector and works directly with corporates, fund managers, investment banks, brokers and other advisers. Edison’s research is read by institutional investors, alternative funds and wealth managers in more than 100 countries. Edison, founded in 2003, has offices in London, New York and Sydney and is authorised and regulated by the Financial Services Authority ( more »

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