SSP Group's Shareholders Likely to Benefit Sooner Than Expected -- Market Talk

Dow Jones

Jan 28, 2025

1054 GMT - SSP Group is seen as well-positioned to undertake shareholder-friendly measures sooner rather than later, Shore Capital analysts Greg Johnson and Clive Black say in a note. The food-and-beverage company reports a sound 3Q update with like-for-like sales up 6% as passenger numbers continued to strengthen, the analysts say. It hasn't made changes to guidance on capital expenditure and working capital, and net debt is expected to be broadly unchanged at 590 million pounds at year-end, they say. "Given the seasonal natureof the business we would expect net debt to increase at the interim stage, noting a comparable 1H/2H profit split to last year is expected," the analysts say. Shares are up 5% at 180 pence.(anthony.orunagoriainoff@dowjones.com)

(END) Dow Jones Newswires

January 28, 2025 05:54 ET (10:54 GMT)

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The food-and-beverage company reports a sound 3Q update with like-for-like sales up 6% as passenger numbers continued to strengthen, the analysts say. It hasn't made changes to guidance on capital expenditure and working capital, and net debt is expected to be broadly unchanged at 590 million pounds at year-end, they say. \"Given the seasonal natureof the business we would expect net debt to increase at the interim stage, noting a comparable 1H/2H profit split to last year is expected,\" the analysts say. Shares are up 5% at 180 pence.(anthony.orunagoriainoff@dowjones.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 28, 2025 05:54 ET (10:54 GMT)\n</p>\n<p>\n  Copyright (c) 2025 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 Shareholders Likely to Benefit Sooner Than Expected -- 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 Shareholders Likely to Benefit Sooner Than Expected -- 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\">2025-01-28 18:54</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1054 GMT - SSP Group is seen as well-positioned to undertake shareholder-friendly measures sooner rather than later, Shore Capital analysts Greg Johnson and Clive Black say in a note. The food-and-beverage company reports a sound 3Q update with like-for-like sales up 6% as passenger numbers continued to strengthen, the analysts say. It hasn't made changes to guidance on capital expenditure and working capital, and net debt is expected to be broadly unchanged at 590 million pounds at year-end, they say. \"Given the seasonal natureof the business we would expect net debt to increase at the interim stage, noting a comparable 1H/2H profit split to last year is expected,\" the analysts say. Shares are up 5% at 180 pence.(anthony.orunagoriainoff@dowjones.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 28, 2025 05:54 ET (10:54 GMT)\n</p>\n<p>\n  Copyright (c) 2025 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":"2506313594","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2506313594","pubTimestamp":1738061640,"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) 2025 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集团股东可能比预期更早受益——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SSP":1},"content_text":"1054 GMT - SSP Group is seen as well-positioned to undertake shareholder-friendly measures sooner rather than later, Shore Capital analysts Greg Johnson and Clive Black say in a note. The food-and-beverage company reports a sound 3Q update with like-for-like sales up 6% as passenger numbers continued to strengthen, the analysts say. It hasn't made changes to guidance on capital expenditure and working capital, and net debt is expected to be broadly unchanged at 590 million pounds at year-end, they say. \"Given the seasonal natureof the business we would expect net debt to increase at the interim stage, noting a comparable 1H/2H profit split to last year is expected,\" the analysts say. 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