UK recovery remains “distant” says Severfield Rowen
The chief executive of structural steel group Severfield-Rowen will tell shareholders today that a broad recovery of the UK remains distant as it focuses on sectors where activity is being sustained.
In a statement ahead of the firm’s annual general meeting today, Tom Haughey said that the Thirsk-based firm will continue to concentrate on opportunities in the industrial, transportation, waste to energy and commercial offices sectors.
He said the company remains optimistic about prospects and development potential for its joint venture in India.
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Hide AdHe added: “On behalf of the board, I would like to thank all of our employees who continue, through challenging times, to make outstanding contributions to the company’s performance. We also thank our shareholders and supply chain partners for their continued support.”
Jonathan Rhodes has been appointed company secretary and attends his first board meeting today.