Severfield (GB:SFR) has released an update.
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Severfield PLC has announced a 17% revenue increase to £252.3 million for the six months ending September 2024, alongside a 14% rise in underlying profit before tax. Despite challenging market conditions in the UK and Europe, the company remains optimistic about long-term growth, particularly with its accelerated expansion plans in India and a robust order book of £410 million in the UK and Europe.
For further insights into GB:SFR stock, check out TipRanks’ Stock Analysis page.
