Severfield delivers ‘stable’ results in challenging year

Structural steel specialist Severfield says it has delivered a resilient performance against a difficult market backdrop as the group unveiled a refreshed strategy focused on improving margins, returns and cash generation rather than pursuing volume growth.

The Thirsk-based  business reported stable revenue of £454.3m for the year to 29 March 2026, compared with £450.9m the previous year, while underlying profit before tax was £10.5m, in line with market expectations.

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