Ongoing bridge repairs and cost of closing modular business help double Severfield losses to £40m

By Dave Rogers2026-06-23T07:04:00

Steelwork contractor says new chief executive’s review will target more work in India and aim for 8% margin

Losses at Severfield more than doubled last year to £40m as the country’s biggest steelwork contractor said it spent another £13m fixing a dozen bridges and more than £12m closing its modular business.

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