Severfield (GB:SFR) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Severfield PLC has announced a 17% revenue increase to £252.3 million for the six months ending September 2024, alongside a 14% rise in underlying profit before tax. Despite challenging market conditions in the UK and Europe, the company remains optimistic about long-term growth, particularly with its accelerated expansion plans in India and a robust order book of £410 million in the UK and Europe.
For further insights into GB:SFR stock, check out TipRanks’ Stock Analysis page.