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SEVERFIELD ROWEN - building the 2012 Olympic Stadia (SFR)     

krypton - 23 Aug 2005 11:11

This is a quality stock.
Just starting a thread - I'll post more very shortly.

K******

skinny - 12 Sep 2013 15:41 - 56 of 104

M&G > 14%

skinny - 16 Sep 2013 16:50 - 57 of 104

Up 7.4% today on rising volume - caveat is it looks over bought.

Chart.aspx?Provider=EODIntra&Code=SFR&Si

skinny - 17 Sep 2013 16:33 - 58 of 104

67p on the offer quite a bit this afternoon - although not hit.

Increasing volume and now not looking so over bought.

skinny - 18 Sep 2013 13:17 - 59 of 104

J O HAMBRO CAPITAL MANAGEMENT GROUP LIMITED < 10%

skinny - 20 Sep 2013 08:47 - 60 of 104

RATHBONE BROTHERS PLC < 5%

skinny - 26 Sep 2013 07:06 - 61 of 104

Appointment of Chief Executive

Severfield-Rowen, the market leading structural steel group, is pleased to announce the appointment of Ian Lawson as Chief Executive Officer with effect from 1 November 2013. In line with the Company's announcement of 23 January 2013, John Dodds, currently Executive Chairman, will resume the role of Non-Executive Chairman following Mr Lawson's appointment.

Mr Lawson, 56, brings a wealth of construction sector knowledge and experience to the Group. He was previously a main Board Director of Kier Group plc, where he enjoyed a 13-year career. Mr Lawson was appointed to the Board of Kier Group plc as Executive Director in 2005 with responsibility initially for its Services division and later he also assumed responsibility for the Property division. Mr Lawson initiated and managed a significant restructuring programme within the divisions and completed several important acquisitions for the company.

Previously Mr Lawson was a Director of Kier Regional, the Group's regional construction business. Prior to joining Kier Regional, Mr Lawson was Managing Director of Kier Investments which he joined in 2000 following a successful career at Bickerton Group plc where he was Managing Director.

John Dodds, Chairman, commented:

"I am delighted to welcome Ian to the Group. He has a wide range of experience from 35 years in the construction industry. I have worked with Ian over many years and believe he brings the right mix of skills and experience to lead the Group for the next phase of its growth and development."

The Company confirms that there are no further matters which are required to be disclosed pursuant to LR 9.6.13 regarding the appointment of Ian Lawson.

-Ends-

skinny - 02 Oct 2013 07:25 - 62 of 104

Appointment of Group Legal Director

Severfield-Rowen, the market leading structural steel group, is pleased to announce the appointment of Mark Sanderson as its Group Legal Director with immediate effect.

Mr Sanderson has over 20 years of experience in the construction and engineering sector and has worked in private practice as a partner at both Pinsent Masons and Walker Morris in London and Leeds.

Mr Sanderson joins from Enterprise Plc the support services specialist where he was Group Legal Director until its acquisition by Ferrovial in April 2013

John Dodds, Chairman, commented: "We are delighted to appoint Mark to this new role. He brings a significant level of experience to the Group and will play an important role in the future development of Severfield-Rowen."

Mr Sanderson will also take over Company Secretarial duties and sit on the Group Executive Committee.

-Ends-

skinny - 16 Oct 2013 16:40 - 63 of 104

Looking to try 65p again. +7.6%.

Chart.aspx?Provider=EODIntra&Code=SFR&SiChart.aspx?Provider=EODIntra&Code=SFR&Si

skinny - 21 Oct 2013 10:56 - 64 of 104

Notice of Interim Results

Severfield-Rowen Plc, the market leader in structural steel, will announce its Interim Results for the period ended 30 September 2013 on 26 November 2013.

A briefing for analysts will be held at 9.00 a.m. on 26 November at Bell Pottinger's offices, Holborn Gate, 330 High Holborn, London, WC1V 7QD.

HARRYCAT - 21 Oct 2013 11:18 - 65 of 104

Brace yourself skinny. Last time results were poor and resulted in the gaps in the chart!

skinny - 21 Oct 2013 11:26 - 66 of 104

Harry - all the dirty washing is in the public domain, the cheque is in the post, the world is flat.......

david lucas - 21 Oct 2013 22:39 - 67 of 104

Lovely chart! If it has legs they will surely look nice!!

skinny - 12 Nov 2013 15:51 - 69 of 104

J O HAMBRO CAPITAL MANAGEMENT GROUP LIMITED > 10%

skinny - 13 Nov 2013 09:27 - 70 of 104

Chart looking very positive.

Chart.aspx?Provider=EODIntra&Code=SFR&SiChart.aspx?Provider=EODIntra&Code=SFR&Si

skinny - 26 Nov 2013 07:09 - 72 of 104

Half Yearly Report

Solid Overall Result - UK Margin Recovering - Operational Improvements Continue

Severfield-Rowen Plc, the market leading structural steel group, announces its interim results for the 6 months to 30 September 2013.


Highlights

· Underlying* profit before tax of £1.4m (2012: £21.1m loss)
· UK underlying operating margin (before JVs and associates) recovery to 2.5% (2012: -17.1%)
· Share of losses from Indian joint venture of £1.3m (2012: £0.4m profit)
· Period end net cash position of £1.5m (31 March 2013: £41.2m net debt)
· Further restructuring of largest business, Severfield-Watson Structures, concluded successfully
· Operational improvement programme progressing well and continuing
· UK order book steady at £172m at 31 October (August 2013: £178m)
· India order book of £34m at 31 October (August 2013: £35m)
· New Chief Executive, Ian Lawson, appointed on 1 November 2013

skinny - 27 Nov 2013 13:07 - 73 of 104

Heavy volume today.

Chart.aspx?Provider=EODIntra&Code=SFR&Si

skinny - 14 Feb 2014 07:04 - 74 of 104

Interim Management Statement

Severfield-Rowen Plc, the market leading structural steel group, issues its Interim Management Statement covering the period to 13 February 2014.

Current Trading

The Group's trading performance and financial position for the year continue to be in line with management expectations.

UK

The UK order book of £172 million remains stable and at a level with which management is comfortable. The UK business is showing much greater stability following the completion of the reorganisation undertaken in the last calendar year. The operational improvement programme continues to make good progress, supporting management expectations that margins will continue to recover over the next two years even without any upturn in the UK market.

The UK market continues to show signs of improvement. This is particularly evident in the pipeline of potential orders the business is seeing, though it is likely to be well into the next financial year before this starts to have any notable impact on the size or mix of the order book.

JSW Severfield Structures Ltd (India)

The Indian market continues to be difficult and is likely to remain so at least until after the forthcoming elections in May 2014. In the meantime, the focus remains on strengthening the commercial focus of the business and managing costs tightly. The order book level of £32 million remains stable, but as highlighted previously, needs to be significantly higher to maintain break-even production levels in the factory.

Outlook

The UK business continues to strengthen and perform in line with management's expectations. While India remains challenging, senior management is focused on improving the situation both commercially and operationally. Overall, the Group is ideally positioned for recovery in the UK construction market, with its improving operations, good market share and strong balance sheet.
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