Severfield to acquire steelwork business Harry Peers
1st Oct 2019 09:55
(Sharecast News) - Structural steel group Severfield has entered into an agreement to acquire 100% of the share capital of Harry Peers & Co - a full-service structural steelwork business - for a net initial consideration of £18m, payable in cash on completion, it announced on Tuesday.
Read moreSeverfield pleased with performance as order book grows
25th Apr 2019 13:53
(Sharecast News) - Structural steel company Severfield updated the market on the financial year ended 31 March on Thursday, reporting that its overall trading performance had continued to be in line with management expectations.
Read moreSunday share tips: Whitbread, Severfield, ConvaTec
22nd Jan 2017 13:24
(ShareCast News) - Buy shares in Whitbread, suggests the Sunday Times' Inside the City column on the back of the potential tourism boost from the weak pound and a cost cutting drive. Data in recent months has confirmed that hotels in London, where the FTSE 100 group has dozens of its Premier Inns, h
Read moreSeverfield upbeat after returning to profit
15th Jun 2016 12:16
(ShareCast News) - Structural steel group Severfield has returned to profit on higher revenue, accompanied by an improved total dividend and upbeat outlook. Chief executive Ian Lawson cited operational improvements and efficiencies over the past three years for its increased profitability. "Our tar
Read moreSeverfield wins £43m of contracts including Liverpool FC deal
18th Dec 2014 12:08
Structural steel group Severfield has won six contracts worth £43m including a deal from Liverpool Football Club. Severfield said it had been appointed as the steelwork contractor to expand the main stand at Liverpool's Anfield Road stadium plus associated improvements, supporting Carillion. The
Read moreHydroDec directors add 4.36m shares, stock value jumps
10th Jun 2014 15:52
A total of 4.36m shares were purchased by seven of HydroDec's board members this week, the oil technology group revealed on Tuesday. The transactions come just a few weeks after the group reported wider losses in the 12 months ended December 31st at $17.45m, compared to $14.20m a year earlier. T
Read moreSeverfield breaks back into black despite India loss
3rd Jun 2014 15:08
Structural steel group Severfield broke back into the black last year and said its Indian operations need further work but offered an opportunity for growth. The FTSE SmallCap-listed outfit turned a previous £21.5m loss in the preceding 15 months into an underlying pre-tax profit of £4.0m in the y
Read moreSeverfield-Rowen appoints new head of remuneration committee
25th Apr 2014 13:47
Structural steel group Severfield-Rowen announced Alun Griffiths has been appointed as a non-executive director effective May 1st. Griffiths, who is currently HR Director and board member at engineering firm WS Atkins, has held a number of management and corporate positions, including HR, strategy
Read moreSeverfield-Rowen plans name change
22nd Apr 2014 10:33
Structural steel group Severfield-Rowen plans to change its name following a brand review. The group, which has been involved in projects such as the London 2012 Olympic stadium, Arsenal's Emirates stadium and various projects on the high speed rail line from London to the Channel Tunnel, said it w
Read moreComs Chief builds stake after 'significant' contract win
27th Nov 2013 15:59
David Breith, the Chief Executive Officer of Coms, on Tuesday acquired 1.53m shares, which the same day climbed after the group announced a "significant" contract win. Breith bought the shares at 4.48p each for a total of £68,544. The telecommunications and information technology specialist has s
Read moreSeverfield-Rowen hires former Kier exec as new boss
26th Sep 2013 09:17
Steel group Severfield-Rowen said it had appointed former Kier board member Ian Lawson as its new Chief Executive Officer. Lawson will take the reins at the start of November and current Executive Chairman John Dodds will resume the role of Non-Executive Chairman. Lawson has 35 years of experience
Read moreSeverfield Rowen posts full year loss, slashes dividend
4th Jun 2013 12:20
Shares in structural steel company Severfield Rowen fell as it revealed a pre-tax loss for the 15 months to the end of March. The group posted an underlying loss before tax of £21.5m compared to a profit of £10.1m a year earlier following problems with one of its contracts. Revenue increased to £31
Read moreBelvoir Lettings Chairman sells shares to satisfy institutional demand
5th Apr 2013 16:55
Belvoir Lettings, the UK lettings specialist which listed on the AIM market in February last year, announced on Friday that its Executive Chairman and founder had sold a quarter of a million shares in the group in order to help satisfy 'significant institutional demand'. The news comes just a week
Read moreThursday broker round-up UPDATE
28th Feb 2013 07:19
AZ Electronic Materials: Goldman Sachs moves target price from 440p to 450p and retains a buy recommendation. Bovis Homes Group: Deutsche Bank shifts target price from 667p to 679p, while downgrading to hold. British American Tabacco: Investec places its target price (previously 3350p) and buy rec
Read moreShares dip after Severfield Rowen lowers its financial expectations
19th Feb 2013 09:57
Shares in structural steel company Severfield Rowen slid on Tuesday morning after the company disclosed a change to the profit and loss account of 20.1m pounds in the 12 months to December 31st. Unveiling the details of a scheduled board review of the company's finances, Severfield Rowen said it wa
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