RCS - Severfield PLC - Progressive publishes new research

SeverfieldAnnouncement

24/07/2025 07:45

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RNS Number : 3994S  Severfield PLC  24 July 2025

 

Severfield

 

New Progressive research note

 

Progressive Equity Research has been commissioned by Severfield to produce
ongoing research coverage.  A new research document has been published this
morning, and is freely available to UK investors.

 

Research note summary:

 

Guidance maintained after robust FY25 result

Severfield delivered results in line with our forecast, with a halving in
under-lying PBT in the year to 29 March 2025, reflecting tougher market
conditions, partly mitigated by tight cost and operational controls and the
prudent suspension of the final dividend. Contract delays and tough price
competition are expected to continue during the first half of FY26, but the
group is maintaining its full year guidance. Tendering activity 'has improved
recently' and we have nudged up our FY27E estimate - which we believe may
still prove to be conservative.

 

 

 

Click here for full analysis
(http://progressive-research.com/research/Guidance-maintained-after-robust-FY25-result)

 

Subscribe (https://www.progressive-research.com/register/)  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.

 

www.progressive-research.com (http://www.progressive-research.com)

 

For further information please contact:

 +44 (0) 20 7781 5300

info@progressive-research.com (mailto:info@progressive-research.com)

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