Severfield ( (GB:SFR) ) has shared an announcement.
Severfield PLC announced that CEO Alan Dunsmore will step down after more than seven years in the role, effective June 30, 2025. The company has initiated a search for his successor while interim leadership is in place to ensure continuity. Under Dunsmore’s leadership, Severfield has seen significant growth and strategic development in the UK, Europe, and India. The board aims to continue building on this foundation, focusing on manufacturing efficiency and project delivery to drive further growth and shareholder returns.
More about Severfield
Severfield PLC is the UK’s market leader in the design, fabrication, and construction of structural steel, boasting a capacity of approximately 150,000 tonnes per annum. With seven sites and around 1,900 employees, the company specializes in large, complex projects across various sectors and maintains a significant presence in the Indian market through a joint venture with JSW Steel.
YTD Price Performance: -53.94%
Average Trading Volume: 889,994
Technical Sentiment Signal: Buy
Current Market Cap: £67.57M
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