SSP Group's Results Could Lead to More Shareholder Returns -- Market Talk

Dow Jones

Dec 03, 2024

0835 GMT - SSP Group issued decent fiscal 2024 results which imply the potential to be in a position for additional shareholder returns this time next year, Shore Capital analysts Greg Johnson and Clive Black say in a research note. There could also be further strong EPS growth and much-improved cash generation, they say. The results showed significant on-year momentum and were in line with EPS estimates, the analysts say. Key takeaways from the company's results are the continued sales momentum, a recovery plan for Europe, planning assumptions consistent with forecasts, and a 25 million pound lower-than-anticipated net debt and future capex commitments, they say. Shares in the London-listed food-and-beverage company trade 12% higher at 181.20 pence. (nina.kienle@wsj.com)

(END) Dow Jones Newswires

December 03, 2024 03:35 ET (08:35 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Trading app for stocks, options & ETFs","description":"Invest in US, ASX, HK, China A-shares, ETFs & options with Tiger Brokers, Australia's trusted stock trading app!","keywords":"tiger brokers,tiger brokers au,tiger brokers australia,tiger trade,tiger trading,australia stock platform,US option,US stocks,stocks and options,australian trading platform,online broker australia,stock trading apps,mobile trading app,desktop trading,chess sponsored brokers,share trading platform","social":{"ogDescription":"Invest in US, ASX, HK, China A-shares, ETFs & options with Tiger Brokers, Australia's trusted stock trading app!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2488960447"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"AUS","license":"TBAU","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2488960447\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2488960447?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-12-03 16:35","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2488960447","market":"fut","top_or_hot":-1,"title":"SSP Group's Results Could Lead to More Shareholder Returns -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0835 GMT - SSP Group issued decent fiscal 2024 results which imply the potential to be in a position for additional shareholder returns this time next year, Shore Capital analysts Greg Johnson and Clive Black say in a research note. There could also be further strong EPS growth and much-improved cash generation, they say. The results showed significant on-year momentum and were in line with EPS estimates, the analysts say. Key takeaways from the company's results are the continued sales momentum, a recovery plan for Europe, planning assumptions consistent with forecasts, and a 25 million pound lower-than-anticipated net debt and future capex commitments, they say. Shares in the London-listed food-and-beverage company trade 12% higher at 181.20 pence. (nina.kienle@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 03, 2024 03:35 ET (08:35 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 Group's Results Could Lead to More Shareholder Returns -- 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 Group's Results Could Lead to More Shareholder Returns -- 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\">2024-12-03 16:35</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0835 GMT - SSP Group issued decent fiscal 2024 results which imply the potential to be in a position for additional shareholder returns this time next year, Shore Capital analysts Greg Johnson and Clive Black say in a research note. There could also be further strong EPS growth and much-improved cash generation, they say. The results showed significant on-year momentum and were in line with EPS estimates, the analysts say. Key takeaways from the company's results are the continued sales momentum, a recovery plan for Europe, planning assumptions consistent with forecasts, and a 25 million pound lower-than-anticipated net debt and future capex commitments, they say. Shares in the London-listed food-and-beverage company trade 12% higher at 181.20 pence. (nina.kienle@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 03, 2024 03:35 ET (08:35 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":"SSP","symbol_name":"E.W. Scripps Co Cl A","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2488960447","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2488960447","pubTimestamp":1733214900,"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":"0835 GMT - SSP Group issued decent fiscal 2024 results which imply the potential to be in a position for additional shareholder returns this time next year, Shore Capital analysts Greg Johnson and Clive Black say in a research note. There could also be further strong EPS growth and much-improved cash generation, they say. The results showed significant on-year momentum and were in line with EPS estimates, the analysts say. Key takeaways from the company's results are the continued sales momentum, a recovery plan for Europe, planning assumptions consistent with forecasts, and a 25 million pound lower-than-anticipated net debt and future capex commitments, they say. Shares in the London-listed food-and-beverage company trade 12% higher at 181.20 pence. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SSP":"E.W. Scripps Co Cl A","BK4125":"广播"},"translate_title":"SSP集团的业绩可能会带来更多股东回报——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SSP":1},"content_text":"0835 GMT - SSP Group issued decent fiscal 2024 results which imply the potential to be in a position for additional shareholder returns this time next year, Shore Capital analysts Greg Johnson and Clive Black say in a research note. There could also be further strong EPS growth and much-improved cash generation, they say. The results showed significant on-year momentum and were in line with EPS estimates, the analysts say. Key takeaways from the company's results are the continued sales momentum, a recovery plan for Europe, planning assumptions consistent with forecasts, and a 25 million pound lower-than-anticipated net debt and future capex commitments, they say. Shares in the London-listed food-and-beverage company trade 12% higher at 181.20 pence. (nina.kienle@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 03, 2024 03:35 ET (08:35 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"}}}