Category: Uncategorized

Severfield Announces Its Preliminary Results For Year Ended 31 March 2014

Highlights: • Underlying* profit before tax of £4.0m (2013: £21.5m loss) • UK underlying operating margin (before JVs and associates) recovery to 3.3% (2013: -6.0%) • Share of losses from Indian joint venture of £3.0m (2013: £0.3m loss) • Period end net funds position of £0.3m (31 March 2013: £41.2m net debt) • Further restructuring… Read more »

Severfield Announces Its Preliminary Results For Year Ended 31 March 2014

Highlights • Underlying* profit before tax of £4.0m (2013: £21.5m loss) • UK underlying operating margin (before JVs and associates) recovery to 3.3% (2013: -6.0%) • Share of losses from Indian joint venture of £3.0m (2013: £0.3m loss) • Period end net funds position of £0.3m (31 March 2013: £41.2m net debt) • Further restructuring… Read more »

Severfield plc launches new brand and website

Severfield, the market-leading structural steel group, announces that further to the General Meeting to approve the change of name to Severfield plc, the Company has today formally re-branded and launched its new company website at www.severfield.com. As part of the Group’s comprehensive strategic and operational review, Severfield’s management initiated a full re-branding programme which included… Read more »

Severfield plc Directorate Change

Severfield plc, the market-leading structural steel group, announces the appointment of Tony Osbaldiston and Kevin Whiteman to the Board as Non-executive Directors, with effect from 19 July 2014. In addition, the Company announces that Toby Hayward will retire from the Board on 18 July 2014 having served as a Non-executive Director for six years, including… Read more »

Details of Proxy Voting for the Resolution of Change of Name

Full details of the proxy voting results for the change of name resolution passed as a special resolution at yesterday’s meeting are as follows: Votes For % Votes Against % Total VotesValidly Cast % Of IssuedShareCapitalVoted VotesWithheld 233,387,522 99.92 188,972 0.08 233,576,494 78.51 0 Notes: 1. The percentages above are rounded to two decimal places…. Read more »

Result of General Meeting and Change of Name

Severfield-Rowen plc is pleased to announce that at its General Meeting held today, the resolution to change the Company’s name from ‘Severfield-Rowen plc’ to ‘Severfield plc’ was duly passed. The Company’s TIDM (ticker symbol) “SFR” will remain unchanged, as do its ISIN number and SEDOL code. Dealings under the name “Severfield plc” are expected to… Read more »

Notice of Final Results

Severfield-Rowen Plc, the market leading structural steel group, will announce its Final Results for the period ended 31 March 2014 on Tuesday 3 June 2014. A briefing for analysts will be held at 9.00 a.m. on Tuesday 3 June at Bell Pottinger’s offices, Holborn Gate, 330 High Holborn, London, WC1V 7QD.

Notice of Capital Markets Event

Severfield-Rowen plc (The “Group” of the “Company”) Notice of Capital Markets Event: Severfield-Rowen plc announces that it is today (25 April 2014) hosting a Capital Markets Event for analysts and investors at its Lostock facility in Bolton, which will include presentations from the Executive Management team and a tour of the operational facilities. No material… Read more »

Directorate Change

Severfield-Rowen plc, the market leading structural steel group, announces the appointment of Alun Griffiths to the Board as a Non-executive Director with effect from 1 May 2014.