IN BRIEF: Severfield expects to deliver in line with expectations
20th Apr 2022 17:24
Severfield PLC - Thirsk, England-based structural steelmaker - Expects to deliver in line with previous expectations for the year ended March 31. Says orderbook value in the UK and Europe at April 1 stands at GBP479 million, up from GBP393 million at November 1. Adds the orderbook is well-diversified and contains a "healthy" mix of projects. The UK represents 94% of the order book. Says it is managing the disruption to raw material supplies well. In India, the company says its joint venture has performed profitably and in line with expectations during the second half of the year. As a result, the company says it remains "positive" moving forward. Read More