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

K******

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.

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

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

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

Aviva plc & its subsidiaries 12% to 11% Change at Combined Interest Level

J O HAMBRO CAPITAL MANAGEMENT GROUP LIMITED > 10%

Chart looking very positive.

Aviva plc & its subsidiaries 11% to 10% Change at Combined Interest Level & 10% to 9% at Direct Intrest Level

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

Heavy volume today.

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.

Vidacos Nominees > 8%

J O HAMBRO CAPITAL MANAGEMENT LIMITED > 13%

Severfield-Rowen PLC

07 May 2014

Severfield-Rowen Plc

Notice of Final Results

Severfield-Rowen Plc, the market leading structural steel group, will announce its Final Results for the period ended 31 March 2014 on Tuesday 3 June 2014.

A briefing for analysts will be held at 9.00 a.m. on Tuesday 3 June at Bell Pottinger's offices, Holborn Gate, 330 High Holborn, London, WC1V 7QD.

-Ends-

Link copied :- Edison note

Directorate Change

Final Results

Highlights

· Underlying* profit before tax of £4.0m (2013: £21.5m loss)
· UK underlying operating margin (before JVs and associates) recovery to 3.3% (2013: -6.0%)
· Share of losses from Indian joint venture of £3.0m (2013: £0.3m loss)
· Period end net funds position of £0.3m (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 £168m at 1 May 2014 (1 November 2013: £172m)
· India order book of £41m at 1 May 2014 (1 November 2013: £34m)

DIRECTOR/PDMR SHAREHOLDINGS

Severfield plc ("the Company") was notified on 9(th) June 2014 that John Dodds, non-executive chairman and a PDMR had acquired that day 91,000 ordinary shares in the Company at a purchase price of 54.47p per share. The transaction took place in London.

Jefferies International Buy 56.50 56.50 58.00 66.00 Upgrades

Legal & General Group > 5%

Interim Management Statement

Current trading

The Group's performance and underlying financial position are satisfactory and together with a solid order book the Group remains on track for this financial year. The Group has also benefited from the sale of its investment property in June for £3.9m, which was in line with book value.

UK

The UK order book of £171m remains solid and the business continues to show improved stability following the reorganisation in the last financial year. Management's view of the market is unchanged, with continuing signs of improvement, but it remains likely to be later in the financial year before there is any notable impact on the size or mix of the order book.

JSW Severfield Structures Ltd (India)

The business is showing the intended improvement in operational performance for the year to date, with cost savings and improvements in production output both being evident. The order book stands at £34m. The business development programme and improving the conversion of opportunities still remain priorities.

Outlook

The UK business continues to progress well and India is showing encouraging operational improvements with market development remaining an area of high focus. Overall, the Group continues to be ideally positioned for recovery in the UK construction market with its good market position and strong balance sheet.