RNS Number : 3372X
Springfield Properties PLC
17 February 2025
 

SPR | Springfield Properties plc:

Profits head north. Debt heading south.

FY25 profit will be 'significantly ahead of market expectations', according to Springfield's interim results, while debt over our three-year forecast period will fall substantially, then move to a net cash position. This comes with a sweeping redirection of Scotland's only listed housebuilder's operations to the rapidly growing North of Scotland, starting with a major sale agreement announced today with Barratt Redrow for land in Central Scotland.

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
 
 
NRAPKOBNOBKKNBD
Grafico Azioni Springfield Properties (LSE:SPR)
Storico
Da Gen 2025 a Feb 2025 Clicca qui per i Grafici di Springfield Properties
Grafico Azioni Springfield Properties (LSE:SPR)
Storico
Da Feb 2024 a Feb 2025 Clicca qui per i Grafici di Springfield Properties