SFR Severfield Plc

TIDMSFR

Severfield PLC

03 September 2020

 
Dividend reinstated after 'encouraging' restart 
 The UK's largest structural steel construction specialist has reinstated the final dividend 
 for FY 2020 following "encouraging" activity levels since the lockdown was lifted. This morning's 
 AGM statement confirms that the group remains cash-positive and that the order book has remained 
 steady over the summer. We continue to believe the Group is likely to benefit from growth 
 in logistics and datacentres, reinforced since Covid-19, as well as the significant opportunities 
 from HS2, which we explore further in this note 
 

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