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View Annual Report Annual report and accounts for the year ended 31 March 2018 Stock code: SFR www.severfield.com Severfield plc Severfield Annual report and accounts for the year ended 31 March 2018 ended 31 March the year Annual report and accounts for BUILDING FROM A STRONG FOUNDATION 25943 12 July 2018 8:19 AM Proof 13 25943 12 July 2018 8:19 AM Proof 13 ANNUAL REPORT 2018 View this annual report online: severfield.annualreport2018.com 25943 12 July 2018 8:19 AM Proof 13 WELCOME TO OUR ANNUAL REPORT 2018 Severfield is the largest specialist structural steelwork group in the UK, with a growing presence in India and reputation for performance and value. “Our 2018 results demonstrate our continued progress in executing our strategy” John Dodds Read more on our chairman’s view Non-executive chairman on page 06 “The Group has delivered another year of strong profit growth in 2018” Alan Dunsmore Read more about our strategy Chief executive officer on page 22 Investor website We maintain a corporate website at www.severfield.com containing a wide range of information of interest to institutional and private investors including: • Latest news and press releases • Annual reports and investor presentations Getting around the report This icon signposts the reader to other sections in this report Find out more information on our website www.severfield.com 25943 12 July 2018 8:19 AM Proof 13 25943 12 July 2018 8:19 AM Proof 13 25943 12 July 2018 8:19 AM Proof 13 THE STRENGTH WITHIN ICONIC STRUCTURES Our projects 25943 12 July 2018 11:10 AM Proof 11 Tottenham Hotspur Location Architect Tottenham, London Populous Client Tonnage Tottenham Hotspur 16,700 Contract manager Completion date Mace July 2018 Engineer BuroHappold Engineering The project involves the construction of a new football stadium at White Hart Lane in London – the home ground of Tottenham Hotspur. The new stadium will provide Tottenham arranged to place fans closer to the Hotspur with a state-of-the-art pitch than in any other stadium in sporting and entertainment facility the UK. with seating capacity of over 62,000. This project involved many complex It will be the first stadium in the UK to elements from the retractable pitch, feature a retractable dividing pitch - a where Severfield worked alongside retractable grass pitch for football and engineering specialist SCX to provide a synthetic surface underneath for three 3,000-tonne pitch-long steel National Football League (‘NFL’) games beds, to the highly-technical roof and other sporting and entertainment structure. The new roof is formed from events. structural tension cables, fixed to a Construction of the first phase of the compression ring, which creates the project, comprising the north, east elliptical outside profile of the stadium. and west stands, took place during the The compression ring comprises 54 2016/17 football season whilst the old box girders each measuring around 15 White Hart Lane stadium was still in metres long and weighing between 25 to operation. Following the last game of 30 tonnes. The structure was fabricated the 2016/17 season, the old stadium and trial assembled at our Lostock was demolished and work on the south facility in order to achieve accuracy stand commenced. The main features in length of less than 1 millimetre. On of this phase are the two architecturally site, the lifting of the 600-tonne roof unique steel ‘trees’ within the south involved a highly complex sychronised stand, each weighing 275 tonnes. strand jacking operation, involving These will support the back of the new over 200 strand jacks, making it one 17,500-seater single-tier home stand, of the biggest of these operations ever which has been designed to generate undertaken in the UK. a ‘wall of sound’ with the seating bowl 25943 12 July 2018 11:10 AM Proof 11 25943 12 July 2018 11:10 AM Proof 11 22 Bishopsgate Location Architect City of London PLP Architecture Client Tonnage AXA Real Estate 17,000 Main contractor Completion date Multiplex Europe April 2019 Engineer WSP UK Located in the heart of the City of London, 22 Bishopsgate is a new 62-storey office tower situated within the City’s financial district. The completed project will become A series of transfer structures which the City’s tallest tower standing at were built by others, below ground floor, 278 metres high. This will provide carry the superstructure loads into the approximately 1.3 million square feet of existing Pinnacle foundations. office space and 110,000 square feet for Construction started in 2017 and is amenities, including restaurants, retail forecast for completion in early-2019. facilities, a food market, innovation hub, Severfield is providing the connection well-being retreat and spa, curated ‘art design, fabrication and construction walk’ as well as London’s highest free of c.17,000 tonnes of structural steel, public viewing gallery. which includes the use of Fabsec plated The project is built on the existing composite beams from level 10 upwards. foundations, three-storey basement and Other services and fixtures include the seven-storey core that were previously manufacture and installation of c.1.6 constructed as part of ‘The Pinnacle’ million square feet of metal decking project, which was suspended in 2012. and the installation of 500,000 shear The building has a concrete central studs. Severfield are also providing full core and a steel frame superstructure edge protection to the floors using the consisting of steel beams which act ‘Seversafe’ edge protection system and compositely with concrete slabs, ‘Seversafe’ perimeter fan system. cast onto permanent metal decking. Outriggers are located on certain higher floors to limit the wind induced drift. 25943 12 July 2018 11:10 AM Proof 11 25943 12 July 2018 11:10 AM Proof 11 Wimbledon No. 1 Court roof Location Architect Wimbledon, London KSS Client Tonnage The All England Lawn Tennis 6,000 Club (AELTC) Completion date Main contractor April 2019 Sir Robert McAlpine Engineer Thornton Tomasetti The redevelopment of No. 1 Court at Wimbledon is part of a multi-million pound project by The All England Lawn Tennis Club. The project will deliver a new bespoke For the fixed roof, Severfield has roof system comprising both fixed installed five large truss units to support and retractable components, similar the complex inner roof structure. These to the one installed on Centre Court trusses were installed in manageable- by Severfield in 2009, increase the sized sections using our own temporary seating capacity to c.12,400 as well as works system to support the new roof redeveloping the hospitality facilities during construction. These large trusses and public plaza. This will transform the are then connected by the inner roof, stadium into a grass court arena capable comprising a braced lattice structure of guaranteed play in all weather cantilevering off the large trusses and conditions. Planned over a three-year fixed by a tension ring at the innermost period with two breaks in the site portion of the roof. activities to accommodate the dates of The retractable roof has tested our the tournament, the project is expected design, fabrication and construction to be complete in time for the 2019 capabilities. Its moving components Championships. include 11 trusses, measuring c.75 The main feature of the project is the metres in length and weighing over 90 unique retractable roof which envelops tonnes each. These highly-technical the distinctive structure of No.1 Court, components were pre-assembled on two just below the slopes of Henman Hill. practice courts before being gradually The project includes the installation lowered onto the inner roof structure. of a new fixed roof, to support the The project has utilised the Group’s other moving elements of the retractable services including the ‘Seversafe’ edge roof, and a structural steel mainframe protection system and Severfield has with pre-cast concrete terracing to also provided over 81,000 square feet of house the seating areas. metal decking and 21,500 shear studs. 25943 12 July 2018 11:10 AM Proof 11 25943 12 July 2018 11:10 AM Proof 11 Three Snowhill Location Architect Snowhill Queensway, Birmingham Weedon Architects Client Tonnage Ballymore 4,500 Main contractor Completion date BAM Construction July 2018 Engineer WSP UK Three Snowhill is a landmark office building at the gateway to the Birmingham business district and will complete the final phase of the Snowhill Estate redevelopment project, the largest city centre office development outside London. The new 19-storey office block will Being located in the centre of England’s provide approximately 420,000 square second busiest city and running parallel feet of grade A office space together with to Birmingham’s new tram line and retail and leisure units at the podium Snow Hill train station, this project has and ground floor levels to meet the required close collaboration with other growing demands for commercial office trades and our subcontracted haulage space in the city. teams to ensure its smooth operation. As a result of the restricted site access For the project, Severfield provided and limited offloading times the project the connection design, fabrication was assisted by the ‘Seversafe’ off- and construction for 4,500 tonnes of loading system, which enabled the team steelwork, including the supply of 2,500 to unload the materials delivered to site cast-in plates which were individually quickly and efficiently. surveyed and welded on site by our in-house construction team. We also provided and installed over 480,000 square feet of metal decking. This challenging project featured variations in floorplate layouts and depths which were achieved by a complex arrangement of cantilevered and suspended steel frames, supported from sloping and vertical columns.
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