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BRIEF-Severfield Says Guidance For FY27 Is Unchanged

BRIEF-Severfield Says Guidance For FY27 Is Unchanged

ReutersReuters2026/07/29 06:42
By:Reuters

- Severfield PLC SFR.L:

  • SEVERFIELD PLC: MADE POSITIVE START TO FY27, WITH TRADING SINCE BEGINNING OF FINANCIAL YEAR IN LINE WITH BOARD'S EXPECTATIONS

  • SEVERFIELD PLC: GUIDANCE FOR FY27 IS UNCHANGED

  • SEVERFIELD PLC: FIRST-HALF PROFITABILITY WILL CONTINUE TO REFLECT LOWER‑MARGIN WORK SECURED IN A COMPETITIVE PRICING ENVIRONMENT

  • SEVERFIELD : LARGER, HIGHER-QUALITY PROJECTS TO COMMENCE LATER IN FY27, WITH PROFIT FROM THESE CONTRACTS EXPECTED TO BE RECOGNISED IN FY28

Source text: ID:nRSc2590Oa

Further company coverage: SFR.L


((Reuters.Briefs@thomsonreuters.com;))

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