Next Tuesday, 23rd June, will see Severfield (LON:SFR) declare its 2026 Final Results, on the face of it they will not look too good.
Expectations are that the £79m-capitalised group, which is a market-leading UK structural steel fabricator, will show a substantial drop in its pre-tax profits, from £18.1m to just £10.2m or thereabouts.
However, I understand that a profits recovery is now underway, anticipation of which has yet to show up in the group’s share price, now 26.80p.
Next week’s corporate statement should help r...
