Delayed projects and tight margins temper Severfield’s growth outlook

Severfield has warned that a slower start to key projects and ongoing macroeconomic pressures will weigh on momentum into the next financial year.

In a market update, the structural steel specialist said underlying profit before tax for the year to 28 March 2026 is expected to land in line with market expectations at £10.2m.

The group expects to close the year with net debt of around £28m - significantly better than consensus forecasts of £48.5m - ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...