Springfield Properties PLC Progressive publish new research
20 Febbraio 2024 - 9:14AM
RNS Non-Regulatory
RNS Number : 7574D
Springfield Properties PLC
20 February 2024
|
Springfield Properties plc:
On
track as market recovery builds momentum
Today's interim results show that
Springfield remains on track to meet FY24E expectations for both
earnings and, helped by profitable land sales, debt reduction -
amid gathering signs of recovery in all three of Springfield's
sectors: private sales, affordable housing and, as Scotland's rent
controls end, private rental. We maintain our FY24E and FY25E
estimates but suggest our volume forecasts may be conservative. We
believe the Barratt Redrow deal could highlight Springfield's low
valuation.
Click here for full analysis
|
Subscribe to
Progressive's research, which is freely available to every type of
investor, and be kept informed about our regular programme of
investor engagement.
About Progressive:
Progressive is an equity research and investor
engagement company. FCA authorised and regulated, the firm
has a 15-strong team of highly experienced analysts. We
provide Institutional grade research and connect companies with
investors across every sector of the market.
www.progressive-research.com
|
Broad
coverage
|
Analyst
calibre
|
|
across 12
sectors
|
|
|
|
|
|
|
|
|
|
|
Business
Services
|
Oil &
Gas
|
15
analysts
|
with average
|
20
years
|
|
Financials
|
Property
|
experience
of
|
|
Healthcare
|
Retail
|
|
|
Industrials
|
Technology
|
30+
|
|
techMARK
|
|
Investment
Trusts
|
Telecoms
|
industry
based
|
Extel
|
|
Mining
|
Utilities
|
awards
|
StarMine
|
For
further information please contact:
Progressive Equity
+44 (0) 20 7781 5300
info@progressive-research.com
This information is provided by Reach, the non-regulatory
press release distribution service of RNS, part of the London Stock
Exchange. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact
rns@lseg.com or visit
www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our
Privacy
Policy.
END
NRATMMPTMTBTMBI
Grafico Azioni Springfield Properties (LSE:SPR)
Storico
Da Mar 2024 a Apr 2024
Grafico Azioni Springfield Properties (LSE:SPR)
Storico
Da Apr 2023 a Apr 2024
