Sep 06th 2012 - Edison Investment Research today published a report on Severfield-Rowen (SFR.L, LSE:SFR, LON:SFR) entitled "Headwinds Unabated". In summary, the report says:
There are few signs of encouragement in UK construction demand and pricing; this, together with previously announced cost overruns, will further delay an earnings recovery. Indian operations are looking to achieve a maiden profit this year and investment is planned to support further expansion.
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