Severfield: after 42% loss last year, now in a ‘transition year’ this group’s shares up 40% in six weeks, reporting significant UK and European data centre project wins 

This morning Severfield (LON:SFR) has issued a Trading Update ahead of its AGM later today.  Six weeks ago, on Friday, 19th June, I reviewed the 2026 results and concluded that based on analyst estimates, coupled with the strength being shown by the syndicate of banks in providing strong banking facilities, together with its Order Book, I was attracted to the group and its prospects.  I commented that this company will see greater recovery in the next few years, making its shares, then trading at 26.80p, something of a ‘bargain b...

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