Mark Watson-Mitchell was right to highlight the dealing levels in structural steel supplier Severfield (LON: SFR) shares (Severfield – take note of yesterday’s substantial trading in this steelwork group’s shares  – UK Investor Magazine). The subsequent trading statement was better than expected. The share price jumped 19.3% to 64.4p on the back of this news. […]

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AIM-quoted structural steels supplier Billington (LON: BILN) surprised the market with a special dividend of 13p/share on top of the normal dividend of 20p/share for 2023. The structural steel supplier had a particularly strong 2023 and although profitability will not be maintained this year it should still be well above the level in 2022. In […]

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Cyclical companies can also be steady dividend payers if boards grow the dividend in a sustainable way instead of in line with the movement in earnings, which can change rapidly because of operation gearing. This company currently has a dividend that is covered 2.3 times by forecast earnings. The shares are yielding nearly 5.7%. In […]

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A wide spread of sectors helped structural steel supplier Severfield (LON: SFR) improve its interim profit, even though some markets are getting tougher. Severfield has strong positions in its core markets and it has an opportunity to build on its business in Europe and India. In the six months to September 2023, revenues were 8% […]

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Structural steel supplier Severfield (LON: SFR) improved interim profit and still has a strong order book covering a variety of sectors. The outlook remains positive with good visibility for the second half and beyond. In the six months to September 2022, revenues improved from £195.9m to £234.9m through a combination of underlying growth and higher […]

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Structural steel and construction safety specialists Billington Holdings (AIM:BILN) saw its shares rally 10% on Monday morning, on news that it had been awarded three new contracts with a combined value of £21 million. These contracts were awarded to its structural steel division, Billington Structures, with one of the three contracts having been signed with […]

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