Severfield PLC - York, England-based structural steel maker - Issues trading statement ahead of Tuesday’s annual general meeting. Says trading since the start of the financial year has been as expected, and it remains on track to deliver a result for 2025 in line with its expectations. Cash and balance sheet position remains strong. Businesses remain well-positioned to win work in markets with positive long-term growth trends, providing a strong platform to fulfil strategic growth aims. UK & Europe order book stands at £460 million as of July 1, of which £369 million is for delivery over the next 12 months. In India, order book at same date is £181 million.
Current stock price: 83.14 pence
12-month change: up 18%
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