Severfield says it is on track to hit 2020 profit target

By Dave Rogers2018-11-27T11:55:00

Spurs steelwork contractor wants profits of £26m in two years’ time

Steelwork contractor Severfield said it is on track to double profits by 2020 after the firm posted an improved set of numbers in its half year results.

The firm, which is working on the 22 Bishopsgate tower (pictured) in the City of London as well as Tottenham Hotspur’s late-running stadium in north London, said pre-tax profit was up 14% to £13.1m with revenue up 9% to £149.1m in the six months to the end of September.

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