Severfield results hit by ongoing tough conditions in UK and Europe

2nd Dec 2025 09:28

(Sharecast News) - Interim results from Severfield underwhelmed investors on Tuesday after the structural steel contractor pointed to ongoing subdued market conditions across the UK and Europe.

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Severfield trading as expected, flags second-half weighting

2nd Sep 2025 12:32

(Sharecast News) - Severfield said in an update on Tuesday that trading since the start of its financial year had been in line with expectations, with full-year results for the 2026 financial year still expected to be heavily weighted towards the second half.

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Severfield announces Paul McNerney as new chief executive

13th Aug 2025 11:39

(Sharecast News) - Severfield announced the appointment of Paul McNerney as its next chief executive officer on Wednesday, following a comprehensive search process.

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Slow market recovery sees Severfield swing to statutory loss

24th Jul 2025 12:03

(Sharecast News) - Severfield swung to a statutory loss for the year ended 29 March, it reported on Thursday, as tougher market conditions in the UK and Europe and exceptional bridge remediation costs weighed on earnings.

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Severfield tanks after profit warning

3rd Mar 2025 09:12

(Sharecast News) - Structural streel group Severfield tanked on Monday as it warned on profits, citing project cancellations and delays, and announced the cancellation of a share buyback.

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Severfield warns on profits despite first-half growth

26th Nov 2024 10:23

(Sharecast News) - Shares in structural steel group Severfield were sliding on Tuesday morning, despite a 17% rise in first-half revenue to £252.3m, as the company warned on profits amid a number of short-term headwinds.

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Severfield trading in line with expectations

30th Jul 2024 12:05

(Sharecast News) - Structural steel company Severfield said in an update on Tuesday that trading since the start of the financial year had met expectations.

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Severfield profits beat forecasts despite lower revenue

19th Jun 2024 10:05

(Sharecast News) - Structural steel specialist Severfield reported revenue of £463.5m in its final results on Wednesday, down from £491.8m in 2023 amid softer market conditions.

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Director dealings: Severfield non-exec spends almost £40k

13th Oct 2022 13:28

(Sharecast News) - Severfield shares were in the green on Thursday, after a non-executive director spent almost £40k on shares across two transactions.

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Severfield FY revenues rise, ends year with record order book

15th Jun 2022 08:59

(Sharecast News) - Structural steel group Severfield saw revenues rise in the twelve months ended 26 March and ended the year with a record order book and good earnings visibility through 2023.

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Severfield reports record order book

20th Apr 2022 14:47

(Sharecast News) - Structural steel group Severfield said on Wednesday that full-year results were set to be in line with management's expectations as it reported a record order book and struck an upbeat note on the outlook.

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Director dealings: Severfield chairman ups stake

5th Oct 2021 15:56

(Sharecast News) - Severfield revealed on Tuesday that chairman Kevin Whiteman had acquired 65,619 ordinary shares in the London-listed structural steel specialist.

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Severfield results to beat expectations

22nd Apr 2021 10:08

(Sharecast News) - Severfield said it was trading well and that results for the year to the end of March would easily beat its expectations.

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Severfield draws down credit facility amid pandemic

21st Apr 2020 15:41

(Sharecast News) - Structural steel company Severfield updated the market on its trading on Tuesday, following the end of its financial year on 31 March.

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Director dealings: Severfield COO lowers stake

29th Jan 2020 16:21

(Sharecast News) - Severfield revealed on Wednesday that chief operating officer Ian Cochrane had disposed of one million ordinary shares in the London-listed engineering and contracting services firm.

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