Severfield is taking part in the Open Doors Weekend on the 6th March 2015.
Organised by the UK Contractors Group (UKCG), the Scottish Contractors Group (SCG), the Industry Training Board and Sector Skills Council, CITB, the Chartered Institute of Building (CIOB) and the Considerate Constructors Scheme, Open Doors provides young people with a safe, exciting and unique look at construction.
Severfield is opening the doors of its manufacturing facilities at Dalton in North Yorkshire and Lostock in the North West. Teachers can book their classes online.
Severfield plc, the market leading structural steel group, announces that its operational momentum continues by winning six new contracts, worth £43 million.
Appointment as the steelwork contractor for the expansion of Liverpool Football Club’s Main Stand and associated improvements, supporting Carillion Plc;
[Work on the project, which will add c. 8,500 seats to the Main Stand and increase the overall capacity of Anfield Stadium to c. 54,000, and is scheduled for completion in Q3 2016]
Five other contracts including:
o 3 commercial office developments in London;
o A major distribution centre in the Midlands; and
o A waste-to-energy plant in Dublin
Ian Lawson, CEO, Severfield, commented:
“We are delighted to announce these multiple contract wins. It continues the momentum we’ve established in recent months, and all of these new contracts are in sectors where we have a strong market share or are seeing positive future trends. We are thrilled to be working for Carillion on such a high profile project as Anfield, especially as stadia is a sector where we have a demonstrable track record.”
Severfield plc, the market leading structural steel group, today announces its interim results for the six month period ended 30 September 2014.
– UK margin progression in line with expectations
– Strengthening order book
– Improved performance from Indian joint venture
Ian Lawson, chief executive officer commented: “The first half of the year has seen further good progress across the whole Group. Stability within our UK operations has supported continued margin improvement in line with expectations and sustained production levels have underpinned much improved performance in India. The combination of a strong first half cash performance and the successful refinancing provides further balance sheet strength and a solid foundation for the Group as it continues to improve its profitability and develop its wider strategy. Overall, the Group’s strengthening operations and performance continues to leave it well placed to benefit from an improving market in the UK and we are encouraged by the improvement in our order intake, reflecting the higher levels of market activity. Accordingly, the Group remains on course to deliver earnings for the full year in line with the board’s expectations.”
Severfield plc, the market leader in structural steel, will announce its Interim Results for the period ended 30 September 2014 on 25 November 2014.
A briefing for analysts will be held at 9.00 a.m. on 25 November at Bell Pottinger’s offices, Holborn Gate, 330 High Holborn, London, WC1V 7QD.
Copies of Severfield’s Company Reports are available to download here.
Severfield staff and apprentices have been promoting careers in structural steelwork at Scarborough Engineering Week.
Aimed at young people between the ages of 4-19 years, Scarborough Engineering Week welcomes approximately 2,000 students and places a firm focus on young people taking control of their future and promotes careers available in Science, Technology, Engineering and Maths.
Taking full advantage of the opportunity to engage with youngsters, Severfield demonstrated just how exciting working within the UK’s market-leading structural steel company can be.
Apprentices from Severfield at Sherburn assisted with manning the Severfield stand, providing valuable guidance and advice to students in relation to how apprenticeships work, on the job training (learning whilst earning) and the benefits of starting their careers at Severfield.
Exhibitor stands were interactive; Severfield in conjunction with Lincoln Electric, provided a Virtual Welder for the event. This proved highly popular, along with touch screen monitors with BAM Models of recent projects.
The below feedback was received from Scalby School:
‘The students thoroughly enjoyed learning about the different aspects and careers for engineering with either taking part or interacting with staff from the various companies, colleges and universities involved. This was an excellent opportunity for students to discover different career paths available to them and the vast diversity that is encompassed by engineering.’
For further information on what careers are available at Severfield, please visit our Careers page.
A Severfield project has been shortlisted for a major international award designed to celebrate excellence in the field of structural engineering.
The Place, situated in the heart of London Bridge Quarter, has been recognised by the Institution of Structural Engineers and shortlisted in the Commercial or Retail Structures category of the Structural Awards 2014.
Adjoined to The Shard, The Place, which offers 44,000 sq m of office space, has been recognised in particular for its creative solutions to structural challenges and for efficiently delivering a complex development within a difficult city centre environment.
At today’s Annual General Meeting of Severfield plc, to be held at noon at the Aldwark Manor Hotel, YO61 1UF, Chairman John Dodds will make the following statement:
”This year Severfield has continued its progress as the UK’s market-leading steel fabricator, moving further towards the Group vision of being leaders in structural steel, creating a legacy for future generations through world class engineering and design excellence. During the last year Severfield has delivered substantial operational improvements across the Group and the stabilisation programme is ongoing. Market development in India remains an area of high focus, and the Group is well positioned for the recovery of the UK construction sector, with its market leading position and robust balance sheet. The Group has momentum in delivering against its strategic objectives, with significant prospects for operating margin growth, profit growth, increased revenue and positive cash flow going forward.”
Interim Management Statement
Severfield plc, the market leading structural steel group, issues its Interim Management Statement covering the period to 11th August 2014.
The Group’s performance and underlying financial position are satisfactory and together with a solid order book the Group remains on track for this financial year. The Group has also benefited from the sale of its investment property in June for £3.9m, which was in line with book value.
The UK order book of £171m remains solid and the business continues to show improved stability following the reorganisation in the last financial year. Management’s view of the market is unchanged, with continuing signs of improvement, but it remains likely to be later in the financial year before there is any notable impact on the size or mix of the order book.
JSW Severfield Structures Ltd (India)
The business is showing the intended improvement in operational performance for the year to date, with cost savings and improvements in production output both being evident. The order book stands at £34m. The business development programme and improving the conversion of opportunities still remain priorities.
The UK business continues to progress well and India is showing encouraging operational improvements with market development remaining an area of high focus. Overall, the Group continues to be ideally positioned for recovery in the UK construction market with its good market position and strong balance sheet.
Two iconic buildings erected by the UK’s leading structural steel specialist Severfield have been shortlisted for architecture’s most coveted accolade.
London skyscraper The Shard, and the Library of Birmingham have both made the shortlist for the Royal Institute of British Architects’ (RIBA’s) Stirling Prize.
Other nominees for the prize, awarded annually to the best new building, include Liverpool’s Everyman Theatre, Manchester School of Art, the London School of Economics and the London Aquatics Centre in the Olympic Park.
Designed by Renzo Piano Building Workshop, The Shard was described as a ‘thing of great beauty’ by the judges and ‘the most significant addition to the capital’s skyline since St Paul’s.’ They said that constructing the tower, which houses a health clinic, offices, restaurants, hotel, apartments and public viewing gallery on such a tight site, was a “rare achievement”.
The Library of Birmingham, designed by Mecanoo, was also named in a list of the UK’s greatest landmarks by the Construction Industry Training Board (CITB) last week.
Commenting on the announcement, Severfield’s chief executive, Ian Lawson said: “We are delighted that The Shard and the Library of Birmingham have been shortlisted for this prestigious accolade which recognises design excellence and significance to the evolution of architecture and building.
Previous winners of the RIBA Stirling Prize include the Lord’s cricket ground media centre, the Scottish Parliament building in Edinburgh and Severfield’s project, the Gateshead Millennium Bridge.
The winner will be announced at the RIBA Stirling Prize Party to be held at RIBA in London on October 16, 2014.
Severfield announces that it has published its Annual Report and Accounts for the period ended 31 March 2014.
The document is accessible here. Hard copies of the Annual Report and Notice of Annual General Meeting 2014 will be posted to shareholders on Monday 28th July 2014.