Breakdown | ||||
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
463.46M | 491.75M | 403.56M | 363.25M | 327.36M | Gross Profit |
97.46M | 73.84M | 51.56M | 63.14M | 60.07M | EBIT |
26.41M | 29.47M | 21.83M | 22.39M | 25.56M | EBITDA |
41.07M | 38.55M | 33.09M | 31.13M | 31.16M | Net Income Common Stockholders |
15.90M | 21.57M | 15.60M | 17.30M | 20.41M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
13.80M | 11.34M | 0.00 | 24.98M | 44.34M | Total Assets |
378.41M | 369.67M | 375.48M | 342.50M | 335.39M | Total Debt |
42.48M | 22.35M | 26.49M | 31.86M | 39.36M | Net Debt |
28.68M | 11.01M | 26.49M | 6.88M | -4.98M | Total Liabilities |
157.66M | 151.95M | 171.52M | 151.57M | 151.71M | Stockholders Equity |
220.75M | 217.72M | 203.96M | 190.93M | 183.68M |
Cash Flow | Free Cash Flow | |||
33.81M | 41.33M | -12.13M | 18.03M | 14.92M | Operating Cash Flow |
45.14M | 47.80M | -6.74M | 24.65M | 21.38M | Investing Cash Flow |
-37.45M | -14.69M | -5.54M | -26.45M | -19.59M | Financing Cash Flow |
-8.63M | -17.80M | -16.68M | -17.56M | 17.56M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
78 Outperform | £347.55M | 8.81 | 35.97% | 4.37% | 22.39% | 179.53% | |
75 Outperform | £59.74B | 17.57 | 16.07% | 1.95% | 1.78% | 15.53% | |
67 Neutral | £555.54M | 12.97 | 10.20% | 3.97% | 8.04% | 6.94% | |
62 Neutral | $8.06B | 13.61 | 3.91% | 3.11% | 3.80% | -14.06% | |
62 Neutral | £64.34M | 20.47 | 1.55% | 16.89% | 6.00% | -84.54% |
Severfield plc has commissioned Progressive Equity Research to provide ongoing research coverage, highlighting the company’s recovery prospects despite recent profit warnings due to challenging markets. The research suggests that Severfield’s long-term growth potential remains strong, with earnings expected to double by FY27E under conservative estimates, indicating a compelling value for investors.
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.
Severfield PLC has announced a change in its board of directors. Cynthia Gordon, who serves as a Non-Executive Director and Chair of the Remuneration Committee at Severfield, has been appointed as a Non-Executive Director at Airtel Africa plc, effective March 24, 2025. This appointment may enhance Severfield’s strategic connections and influence within the industry, potentially benefiting its stakeholders.
Severfield plc has announced the cancellation of its £10 million share buyback programme, which was initially launched in April 2024. By the end of February 2025, the company had repurchased and cancelled over 13 million ordinary shares at a cost of approximately £9.26 million. The current issued share capital stands at 296,181,987 ordinary shares, which shareholders can use to determine their voting rights under the Financial Conduct Authority’s rules.
Severfield plc reports challenging market conditions in the UK and Europe, with tight pricing and project delays impacting its financial outlook for FY25 and FY26. Despite efforts to mitigate these effects through cost reductions and new project awards, the company expects lower profits and continues to face deferred client decision-making. However, Severfield remains optimistic about future opportunities in sectors like data centers and green energy, which are expected to drive long-term growth and shareholder returns.
Severfield plc, a leading structural steel group, reports challenging market conditions in the UK and Europe, with project delays and cancellations affecting its order book and financial performance for FY25. Despite efforts to mitigate these impacts through cost reductions and new project awards, the company expects its underlying profit before tax to be lower than anticipated. Looking ahead, Severfield has secured large projects for FY27 and sees opportunities in sectors like data centers and green energy, which provide confidence in future shareholder returns and unchanged medium-term growth targets.
Severfield plc has executed a share buy-back of 200,000 ordinary shares at an average price of 48.25 pence, as part of a program authorized at their 2023 Annual General Meeting. The purchased shares will be canceled, impacting the total voting rights, which stands at 296,181,987 as of 29 January 2025.
Severfield, a company engaged in the steel construction industry, has executed a share buy-back program by purchasing 50,000 ordinary shares at an average price of 47.70 pence each on the London Stock Exchange. The purchased shares are intended to be canceled, which affects the total voting rights in the company, now standing at 296,381,987, providing a new denominator for shareholder interest notifications as per FCA rules.
Severfield plc has repurchased 50,000 of its own ordinary shares at a price of 49 pence each on the London Stock Exchange, as part of a share buy-back program authorized by shareholders. The company plans to cancel these shares, which will adjust its total voting rights to 296,431,987, a figure that shareholders can use for regulatory notification purposes. This move is a strategic financial decision likely aimed at optimizing capital structure and enhancing shareholder value.
Severfield plc has announced the purchase of 165,000 ordinary shares, as part of its share buy-back program, at an average price of 47.00 pence per share on the London Stock Exchange. This transaction, authorized at the 2023 AGM, aims to cancel the shares to potentially improve shareholder value. The total number of voting rights in the company now stands at 296,481,987, allowing shareholders to evaluate their interests as per financial regulations.
Severfield PLC announced a transaction in its own shares, as authorized at the 2023 Annual General Meeting and previously announced in April 2024. The company purchased 100,000 ordinary shares at the London Stock Exchange at a consistent price of 46.82 pence per share, with plans to cancel these shares. This move affects the total number of voting rights within the company, which stands at 296,646,987 as of January 13, 2025, and may impact shareholder notifications regarding interests in the company.
Severfield plc has undertaken a share buy-back program, as authorized by its shareholders at the 2023 Annual General Meeting. On January 10, 2025, the company purchased 150,000 ordinary shares on the London Stock Exchange, with prices ranging from 48.00 to 48.50 pence per share. The purchased shares will be canceled, and the current total voting rights in the company amount to 296,746,987. This transaction is part of Severfield’s strategy to manage its capital structure and could impact shareholder interests.
Severfield PLC has executed a share buy-back transaction, purchasing 100,000 of its ordinary shares at an average price of 50.10 pence per share on the London Stock Exchange. This transaction, part of a previously announced program, results in the cancellation of the purchased shares, which will adjust the total number of voting rights and could impact shareholder interests as per regulatory guidelines.