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Severfield

Current Price 87.80p Bid 87.80p Ask 90.00p Change 2.66%
Last Updated: 24/06/2018 13:43. Prices delayed by at least 15 minutes.
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Company Overview

Severfield plc (formerly Severfield–Rowen plc) is the UK's market leader in the design, fabrication and construction of structural steel, with a total capacity of c.150,000 tonnes of steel per annum, which represents c.17 per cent of UK structural steel production. The Group has four sites, c.1,400 employees and expertise in large, complex projects across a broad range of sectors. The Group also has an established foothold in the developing Indian market through its joint venture partnership with JSW Steel (India's largest steel producer). The Severfield management team has successfully undertaken an operational turnaround plan since 2013 and in 2016 set out their key strategic target, to double underlying profit before tax to £26m by 2020.

Financial Highlights Year Ended 31/03/2018

Turnover
£274.20m
Operating Profit
£22.42m
Dividend Yield
3.00
Dividend Per Share
2.60
Dividend Cover
2.33
P/E Ratio
14.31

Key Personnel

Alan David Dunsmore
Chief Executive Officer
Ian Robert Samuel Cochrane
Chief Operating Officer
Prof Derek Randall
Executive Director
Adam Semple
Finance Director
John Dodds
Non-Executive Chairman
Alun Hughes Griffiths
Non-Executive Director
Nicholas Christopher Holt
Non-Executive Director
John Anthony Osbaldiston
Non-Executive Director
Kevin Ian Whiteman
Non-Executive Director

Stock Details

EPIC
SFR
ISIN
GB00B27YGJ97
Shares in Issue
303,250,598
Market cap
£262.62m

Analyst Views (1)

Strong Buy
 
100.00%
Buy
 
0.00%
Hold
 
0.00%
Sell
 
0.00%
Strong Sell
 
0.00%
The above information represents a selection of the views published in the last 120 days by analysts. It is subject to change without notice and doesn't reflect view held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
88.90p
Bid Price
87.80p
Ask Price
90.00p
Volume
232002
Change Today
2.30p
% Change Today
2.66%
Open
86.00p
Previous Close
86.60p
Intraday High
88.00p
Intraday Low
86.00p
52 Week High
88.00p
52 Week Low
59.00p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Severfield Intra-day Chart

Severfield News

News in this section is provided by MoneyAM

Severfield non-executive director resigns 21 Jun 2018 | 07:07 FTSE rebounds as investors push aside trade war jitters 20 Jun 2018 | 11:47 Director Deals - Severfield (SFR) 18 Jun 2018 | 17:25 Director Deals - Severfield (SFR) 18 Jun 2018 | 17:25 Director Deals - Severfield (SFR) 17 May 2018 | 12:25 Director Deals - Severfield (SFR) 17 Apr 2018 | 14:35 Director Deals - Severfield (SFR) 17 Apr 2018 | 14:35 Severfield trading in line with expectations as order book shrinks 11 Apr 2018 | 13:17 Broker Forecast - Peel Hunt issues a broker note on Severfield 11 Apr 2018 | 10:30 Broker Forecast - Jefferies International issues a broker note on Severfield 22 Feb 2018 | 11:50 Director Deals - Severfield (SFR) 19 Feb 2018 | 14:55 Director Deals - Severfield (SFR) 19 Feb 2018 | 14:55 Director Deals - Severfield (SFR) 19 Feb 2018 | 14:55 Severfield confirms new CEO appointment 29 Jan 2018 | 09:38 Director Deals - Severfield (SFR) 19 Jan 2018 | 16:10 Director Deals - Severfield (SFR) 19 Jan 2018 | 16:10 Director Deals - Severfield (SFR) 19 Jan 2018 | 16:10 Severfield wins contract at Google HQ 14 Dec 2017 | 08:56 Broker Forecast - Jefferies International issues a broker note on Severfield 06 Dec 2017 | 13:20 Broker Forecast - Peel Hunt issues a broker note on Severfield 05 Dec 2017 | 08:20 Severfield issues shares 27 Nov 2017 | 14:03 Severfield upgrades FY guidance 21 Nov 2017 | 09:05 Director Deals - Severfield (SFR) 20 Sep 2017 | 14:40 Director Deals - Severfield (SFR) 20 Sep 2017 | 14:40 Director Deals - Severfield (SFR) 20 Sep 2017 | 14:40 All resolutions passed at AGM of Severfield 06 Sep 2017 | 13:15 Severfield trading in line with expectations 06 Sep 2017 | 07:04 Director Deals - Severfield (SFR) 18 Aug 2017 | 16:30 Director Deals - Severfield (SFR) 18 Aug 2017 | 16:30 Director Deals - Severfield (SFR) 18 Aug 2017 | 16:30

Assets (£m)

Data has been provided by MoneyAM

Reporting Date
31 Mar 2018
31 Mar 2017
Tangible Assets
81.2
78.9
Intangible Assets & Goodwill
54.8
56.3
Investments & Other Non-Current Assets
18.5
13.1
Total Non-Current Assets
154.5
148.3
Inventory
9.7
7.8
Trade & Receivables
56.3
66.4
Cash & Receivables
33.1
32.9
Other Current Assets & Assets Held for Resale
0.2
0.1
Total Assets
253.7
255.4

Liabilities (£m)

Data has been provided by MoneyAM

Reporting Date
31 Mar 2018
31 Mar 2017
Short Term Liabilities
66.1
78.7
Long Term Liabilities
18.7
22.5
Other Liabilities / Pension etc
0.0
0.0
Total Liabilities
84.7
101.2

Net Assets (£m)

Data has been provided by MoneyAM

Reporting Date
31 Mar 2018
31 Mar 2017
Net Assets
169.0
154.2

Equity (£m)

Data has been provided by MoneyAM

Reporting Date
31 Mar 2018
31 Mar 2017
Share Capital
7.5
7.5
Minority Interests
0.0
0.0
Retained Earnings
71.1
57.3
Share Premium Account
85.7
85.7
Other Equity
4.8
3.7
Total Equity
169.0
154.2

Cashflow (£m)

Data has been provided by MoneyAM

Reporting Date
31 Mar 2018
31 Mar 2017
Cashflow from Operating Activities
19.0
25.0
Cashflow Before Financing
8.1
19.2
Increase / Decrease in Cash
0.3
13.8

Income (£m)

Data has been provided by MoneyAM

Reporting Date
31 Mar 2018
31 Mar 2017
Turnover
274.2
262.2
Cost of Sales
0.0
0.0
Gross Profit
0.0
0.0
Operating Profit
22.4
18.3
Pre-Tax Profit
22.2
18.1
Profit / Loss for the Year
18.2
15.3

Dividend History

Data has been provided by MoneyAM

Period
Ex-Dividend Date
Payment Date
Special Dividend
16 Aug 2018
14 Sep 2018
H2 Dividend
16 Aug 2018
14 Sep 2018
H1 Dividend
14 Dec 2017
12 Jan 2018
H2 Dividend
17 Aug 2017
15 Sep 2017
H1 Dividend
15 Dec 2016
13 Jan 2017
H2 Dividend
18 Aug 2016
16 Sep 2016
H1 Dividend
17 Dec 2015
15 Jan 2016
H2 Dividend
13 Aug 2015
11 Sep 2015
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
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