Friday 4th July 2008
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Severfield Rowen reports little impact from turbulence

Severfield Rowen reports little impact from turbulence

14.05.2008

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Structural steel supplier Severfield-Rowen has played down the impact of the credit crunch on the construction sector, saying it has not hit its performance so far.

"While the current economic conditions have created a degree of uncertainty, our involvement in a wide range of construction sectors and the strong pipeline of work has resulted in little impact upon our performance as we continue to gain new contracts," it said.

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The forward order book remains strong and will continue to provide a solid platform for growth for the next twelve to eighteen months and prospects for prime projects in 2009 remains strong, it added.



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