Severfield Regulatory News (SFR)

10 Dec 2007 07:01

Severfield-Rowen PLC10 December 2007 10 December 2007 SEVERFIELD-ROWEN PLC Pre-close Trading Statement Severfield-Rowen, the market leading structural steel group, today announcesthat its confirmed order book has increased to a record £405 million up from£300 million at the half year stage. The Group anticipates that, over the coming months, the order book will beincreased further through the addition of a number of large projects includingprojects at Stratford, East London and Bradford, West Yorkshire for WestfieldShoppingtowns Limited. The integration of Fisher Engineering is progressing ahead of plan, withsynergies already having a beneficial impact on overall group margins. Peter Levine, Chairman, commented: "The record order book and high level of demand for our unique, wide-rangingservices and capabilities demonstrate the excellent prospects of the Group. "With the Fisher Engineering acquisition already proving to be a success, weremain very confident about the outcome for this year and beyond." Severfield-Rowen will announce its full year results in early April 2008. - Ends - For further information please contact: Severfield-Rowen Peter Levine 0113 246 9993 Tom Haughey 01845 577 896 Financial Dynamics Richard Mountain 020 7269 7291 Susanne Yule This information is provided by RNS The company news service from the London Stock Exchange