SSP's Profit Momentum to Flow Into Next Year -- Market Talk

Dow Jones

Nov 08, 2024

0949 GMT - SSP Group's 2H profit momentum is expected to flow through to FY 2025 and underpins strong earnings growth of more than 20%, Shore Capital analysts Greg Johnson and Clive Black say in a note. After several headwinds contributed to a more muted 1H performance, Ebitda rose by more than 50 million pounds, the analysts say. The analysts expect strong earnings and Ebitda of more than 400 million pounds for FY 2025. Among other 2H items, a continued strong contribution from net gains, the annualization of recent acquisitions and the unwinding of some headwinds underpin this, they say. "We see our assumptions as conservatively set," Shore Capital says. Shares are up 0.7% at 160.50 pence.(anthony.orunagoriainoff@dowjones.com)

(END) Dow Jones Newswires

November 08, 2024 04:50 ET (09:50 GMT)

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After several headwinds contributed to a more muted 1H performance, Ebitda rose by more than 50 million pounds, the analysts say. The analysts expect strong earnings and Ebitda of more than 400 million pounds for FY 2025. Among other 2H items, a continued strong contribution from net gains, the annualization of recent acquisitions and the unwinding of some headwinds underpin this, they say. \"We see our assumptions as conservatively set,\" Shore Capital says. Shares are up 0.7% at 160.50 pence.(anthony.orunagoriainoff@dowjones.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 08, 2024 04:50 ET (09:50 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SSP's Profit Momentum to Flow Into Next Year -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSSP's Profit Momentum to Flow Into Next Year -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-11-08 17:50</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0949 GMT - SSP Group's 2H profit momentum is expected to flow through to FY 2025 and underpins strong earnings growth of more than 20%, Shore Capital analysts Greg Johnson and Clive Black say in a note. After several headwinds contributed to a more muted 1H performance, Ebitda rose by more than 50 million pounds, the analysts say. The analysts expect strong earnings and Ebitda of more than 400 million pounds for FY 2025. Among other 2H items, a continued strong contribution from net gains, the annualization of recent acquisitions and the unwinding of some headwinds underpin this, they say. \"We see our assumptions as conservatively set,\" Shore Capital says. Shares are up 0.7% at 160.50 pence.(anthony.orunagoriainoff@dowjones.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 08, 2024 04:50 ET (09:50 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4125","symbol_name":"广播","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2481125788","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481125788","pubTimestamp":1731059400,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Copyright (c) 2024 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4125":"广播","SSP":"E.W. Scripps Co Cl A"},"translate_title":"SSP的利润势头将流入明年——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SSP":1},"content_text":"0949 GMT - SSP Group's 2H profit momentum is expected to flow through to FY 2025 and underpins strong earnings growth of more than 20%, Shore Capital analysts Greg Johnson and Clive Black say in a note. After several headwinds contributed to a more muted 1H performance, Ebitda rose by more than 50 million pounds, the analysts say. The analysts expect strong earnings and Ebitda of more than 400 million pounds for FY 2025. Among other 2H items, a continued strong contribution from net gains, the annualization of recent acquisitions and the unwinding of some headwinds underpin this, they say. \"We see our assumptions as conservatively set,\" Shore Capital says. Shares are up 0.7% at 160.50 pence.(anthony.orunagoriainoff@dowjones.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 08, 2024 04:50 ET (09:50 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}