TIDMSFR

Severfield PLC

22 November 2022

 
Interims confirm sustained infrastructure drive 
 
 We have kept our FY23E-25E PBT estimates for Severfield, Britain's top steel construction 
 specialist, as its FY23E interims maintained guidance amid 'consistently high' demand in the 
 UK and Europe and strong growth in India. Inflationary pressures remain well-managed. We believe 
 Chancellor Jeremy Hunt's Autumn Statement confirms the strong long-term outlook for energy 
 and infrastructure, as explored in our extensive recent report. 
 

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November 22, 2022 02:31 ET (07:31 GMT)

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