OB:SATSHospitality
SATS (OB:SATS) Stock Can Margin Gains Keep Powering Profit Growth?
SATS went into this earnings day with the stock at NOK44.75 after a steady grind higher over the past month. The market has been treating SATS as a recovering Nordic gym operator with improving profitability and a modest valuation tag. The headline today is margin power. Second quarter earnings of NOK1.00 per share on NOK1,442m of revenue, together with 12 month earnings of NOK2.62 per share and a 9.2% net margin, underline that the real story is how much profit SATS is now squeezing out of...