Daily Mail

STEEL FIRM THAT WILL BE SHAPING THE CITY

- by Hugo Duncan

STEEL contractor SEVERFIELD has worked on some of the biggest constructi­on projects in Britain in recent years, including the Olympic Stadium, The Shard, heathrow airport and Wimbledon’s centre court.

Earlier this month the yorkshire-based company won a contract to work on Google’s new headquarte­rs in london.

Shares in Severfield, which covers design, manufactur­ing and constructi­on of steelwork, are off recent highs.

But they look set to benefit from increased infrastruc­ture spending in Britain.

Severfield also raised its dividend by 29pc. The management team has overseen a turnaround since 2013 and has outlined plans to deliver profits of £26m by 2020. The shares are 79.75p.

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