Brief: Severfield Sees FY25 Underlying PBT Between 18-20 Million Pounds
03/03/2025 07:23
March 3 (Reuters) - Severfield PLC SFR.L: SEVERFIELD PLC - TRADING UPDATE SEVERFIELD PLC - EXPECTS FY25 UNDERLYING PROFIT BEFORE TAX OF £18M-£20M SEVERFIELD PLC - FY26 UNDERLYING PROFIT BEFORE TAX EXPECTED BELOW FY25 SEVERFIELD PLC: GENERAL MARKET BACKDROP WHICH IS NOT EXPECTED TO IMPROVE IN SHORT-TERM, IS HAVING A CONSEQUENTIAL IMPACT ON FY26 SEVERFIELD PLC: SEEKING TO MITIGATE ONGOING IMPACT OF MARKET CONDITIONS THROUGH ONGOING COST REDUCTION ACTIONS Source text: ID:nRSC9840Ya Further company coverage: SFR.L ((Reuters.Briefs@thomsonreuters.com;))