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Pin to quick picksSeverfield Regulatory News (SFR)

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Progressive publishes new research

3 Sep 2020 10:58

RNS Number : 9681X
Severfield PLC
03 September 2020
 

Dividend reinstated after 'encouraging' restart

The UK's largest structural steel construction specialist has reinstated the final dividend for FY 2020 following "encouraging" activity levels since the lockdown was lifted. This morning's AGM statement confirms that the group remains cash-positive and that the order book has remained steady over the summer. We continue to believe the Group is likely to benefit from growth in logistics and datacentres, reinforced since Covid-19, as well as the significant opportunities from HS2, which we explore further in this note

 

Click here for full analysis

 

Subscribe to Progressive's research, which is freely available to every type of investor, and be kept informed about our regular programme of investor engagement. 

About Progressive:

 

Progressive is an equity research and investor engagement company. FCA authorised and regulated, the firm has a 15-strong team of highly experienced analysts. We provide Institutional grade research and connect companies with investors across every sector of the market.

 

www.progressive-research.com

 

Broad coverage

 

Analyst calibre

 

across 12 sectors

 

 

 

 

 

 

Business Services

Oil & Gas

15analysts

with average

20years

Financials

Property

experience of

Healthcare

Retail

Industrials

Technology

30+

techMARK

Investment Trusts

Telecoms

industry based

Extel

Mining

Utilities

awards

StarMine

 

 

For further information please contact:

 

Emily Ritchie

+44 (0) 20 7781 5311

eritchie@progressive-research.com

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