SSP Group (LON:SSPG) Full Year 2024 Results
Key Financial Results
- Revenue: UK£3.43b (up 14% from FY 2023).
- Net income: UK£27.4m (up 238% from FY 2023).
- Profit margin: 0.8% (up from 0.3% in FY 2023). The increase in margin was driven by higher revenue.
- EPS: UK£0.034 (up from UK£0.01 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
SSP Group EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 64%.
Looking ahead, revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Hospitality industry in the United Kingdom.
Performance of the British Hospitality industry.
The company's shares are up 14% from a week ago.
Risk Analysis
Before you take the next step you should know about the 1 warning sign for SSP Group that we have uncovered.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About LSE:SSPG
SSP Group
Operates food and beverage outlets in North America, Europe, the United Kingdom, Ireland, the Asia Pacific, Eastern Europe, the Middle East, and internationally.
High growth potential with solid track record.
