Upcoming Dividend • Jun 17
Upcoming dividend of €0.08 per share Eligible shareholders must have bought the stock before 23 June 2026. Payment date: 25 June 2026. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of British dividend payers (5.7%). Higher than average of industry peers (0.9%). Declared Dividend • May 29
Dividend of €0.08 announced Dividend of €0.08 is the same as last year. Ex-date: 23rd June 2026 Payment date: 25th June 2026 Dividend yield will be 4.1%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 59% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 28
GROUPE SFPI SA announces Annual dividend, payable on June 25, 2026 GROUPE SFPI SA announced Annual dividend of EUR 0.0800 per share payable on June 25, 2026, ex-date on June 23, 2026 and record date on June 24, 2026. Announcement • May 07
GROUPE SFPI SA, Annual General Meeting, Jun 18, 2026 GROUPE SFPI SA, Annual General Meeting, Jun 18, 2026. Location: 20 rue de l arc de triomphe, paris France New Risk • Apr 23
New major risk - Revenue and earnings growth Earnings have declined by 30% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 30% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Apr 23
Full year 2025 earnings released Full year 2025 results: Revenue: €625.1m (down 6.1% from FY 2024). Net income: €16.6m (up 14% from FY 2024). Profit margin: 2.7% (up from 2.2% in FY 2024). The increase in margin was driven by lower expenses. Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €1.91, the stock trades at a trailing P/E ratio of 37.4x. Average trailing P/E is 19x in the Electronic industry in the United Kingdom. Total loss to shareholders of 14% over the past three years. New Risk • Apr 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Board Change • Feb 04
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Marie-Cecile Matar was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Dec 12
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Marie-Cecile Matar was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Nov 14
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Marie-Cecile Matar was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Sep 24
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Marie-Cecile Matar was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Declared Dividend • Jun 11
Dividend increased to €0.08 Dividend of €0.08 is 167% higher than last year. Ex-date: 25th June 2025 Payment date: 27th June 2025 Dividend yield will be 3.4%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (51% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 55% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Board Change • Jun 11
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Marie-Cecile Matar was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Declared Dividend • May 19
Dividend increased to €0.08 Dividend of €0.08 is 167% higher than last year. Ex-date: 25th June 2025 Payment date: 27th June 2025 Dividend yield will be 3.8%, which is higher than the industry average of 1.6%. Sustainability & Growth The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to remain steady over the next 2 years, which should provide adequate earnings cover for the dividend. Announcement • May 15
GROUPE SFPI SA, Annual General Meeting, Jun 20, 2025 GROUPE SFPI SA, Annual General Meeting, Jun 20, 2025. Location: 20 rue de l arc de triomphe, paris France New Risk • Apr 20
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 4.0% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Reported Earnings • Apr 17
First half 2024 earnings released: EPS: €0.11 (vs €0.071 in 1H 2023) First half 2024 results: EPS: €0.11 (up from €0.071 in 1H 2023). Revenue: €341.6m (down 4.2% from 1H 2023). Net income: €9.92m (up 51% from 1H 2023). Profit margin: 2.9% (up from 1.8% in 1H 2023). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 5.5% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Board Change • Apr 17
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Marie-Cecile Matar was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Mar 04
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Marie-Cecile Matar was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jan 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Marie-Cecile Matar was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jan 06
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 4 highly experienced directors. 2 independent directors (6 non-independent directors). Independent Director Marie-Cecile Matar was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Nov 28
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 4 highly experienced directors. 2 independent directors (6 non-independent directors). Independent Director Marie-Cecile Matar was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Oct 25
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 4 highly experienced directors. 2 independent directors (6 non-independent directors). Independent Director Marie-Cecile Matar was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 02
First half 2024 earnings released First half 2024 results: Revenue: €341.6m (down 4.2% from 1H 2023). Net income: €9.90m (up 50% from 1H 2023). Profit margin: 2.9% (up from 1.8% in 1H 2023). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 2 years compared to a 5.9% growth forecast for the Electronic industry in the United Kingdom. Board Change • May 07
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 4 highly experienced directors. 2 independent directors (6 non-independent directors). Independent Director Marie-Cecile Matar was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • May 01
Full year 2023 earnings released: EPS: €0.01 (vs €0.24 in FY 2022) Full year 2023 results: EPS: €0.01 (down from €0.24 in FY 2022). Revenue: €688.8m (up 9.5% from FY 2022). Net income: €1.18m (down 95% from FY 2022). Profit margin: 0.2% (down from 3.5% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.1% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. New Risk • Apr 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (2.6% net profit margin). Board Change • Apr 12
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 4 highly experienced directors. 2 independent directors (6 non-independent directors). Independent Director Marie-Cecile Matar was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Mar 07
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 4 highly experienced directors. 2 independent directors (6 non-independent directors). Independent Director Marie-Cecile Matar was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Feb 27
GROUPE SFPI SA to Report Fiscal Year 2023 Results on Apr 18, 2024 GROUPE SFPI SA announced that they will report fiscal year 2023 results at 5:40 PM, Central European Standard Time on Apr 18, 2024 Board Change • Feb 12
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 4 highly experienced directors. 2 independent directors (6 non-independent directors). Independent Director Marie-Cecile Matar was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment improves as stock rises 44% After last week's 44% share price gain to €2.14, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 20x in the Electronic industry in the United Kingdom. Total loss to shareholders of 1.2% over the past year. New Risk • Dec 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.5% average weekly change). Profit margins are more than 30% lower than last year (2.6% net profit margin). Announcement • Oct 06
GROUPE SFPI SA, Annual General Meeting, Jun 18, 2024 GROUPE SFPI SA, Annual General Meeting, Jun 18, 2024. Announcement • Aug 27
GROUPE SFPI SA to Report First Half, 2023 Results on Sep 21, 2023 GROUPE SFPI SA announced that they will report first half, 2023 results on Sep 21, 2023 Upcoming Dividend • Jun 15
Upcoming dividend of €0.05 per share at 2.3% yield Eligible shareholders must have bought the stock before 21 June 2023. Payment date: 23 June 2023. Payout ratio is a comfortable 21% but the company is paying out more than the cash it is generating. Trailing yield: 2.3%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (1.4%). New Risk • Jun 08
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 124% Dividend yield: 2.2% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Dividend is not well covered by cash flows (124% cash payout ratio). Profit margins are more than 30% lower than last year (3.5% net profit margin). Reported Earnings • Apr 24
Full year 2022 earnings released Full year 2022 results: Revenue: €629.1m (up 11% from FY 2021). Net income: €22.0m (down 32% from FY 2021). Profit margin: 3.5% (down from 5.7% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 2 years, compared to a 6.1% growth forecast for the Electronic industry in the United Kingdom. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 2 independent directors (6 non-independent directors). Independent Director Marie-Cecile Matar was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment deteriorated over the past week After last week's 18% share price decline to €2.03, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 19x in the Electronic industry in the United Kingdom. Total loss to shareholders of 39% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €1.24 per share. Reported Earnings • Sep 24
First half 2022 earnings released: EPS: €0.12 (vs €0.17 in 1H 2021) First half 2022 results: EPS: €0.12 (down from €0.17 in 1H 2021). Revenue: €305.9m (up 8.0% from 1H 2021). Net income: €11.0m (down 30% from 1H 2021). Profit margin: 3.6% (down from 5.5% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Electronic industry in the United Kingdom. Upcoming Dividend • Jun 15
Upcoming dividend of €0.08 per share Eligible shareholders must have bought the stock before 22 June 2022. Payment date: 24 June 2022. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of British dividend payers (5.0%). Higher than average of industry peers (1.6%). Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 2 independent directors (7 non-independent directors). Independent Director Marie-Cecile Matar was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Apr 23
Full year 2021 earnings released: EPS: €0.34 (vs €0.18 in FY 2020) Full year 2021 results: EPS: €0.34 (up from €0.18 in FY 2020). Revenue: €569.0m (up 14% from FY 2020). Net income: €32.2m (up 83% from FY 2020). Profit margin: 5.7% (up from 3.5% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 6.2%, compared to a 8.2% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improved over the past week After last week's 21% share price gain to €3.28, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 22x in the Electronic industry in the United Kingdom. Total returns to shareholders of 47% over the past three years. Reported Earnings • Sep 26
First half 2021 earnings released: EPS €0.16 (vs €0.048 loss in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €283.3m (up 25% from 1H 2020). Net income: €15.7m (up €20.4m from 1H 2020). Profit margin: 5.5% (up from net loss in 1H 2020). The move to profitability was driven by higher revenue. Upcoming Dividend • Jun 15
Upcoming dividend of €0.06 per share Eligible shareholders must have bought the stock before 22 June 2021. Payment date: 24 June 2021. Trailing yield: 2.2%. Lower than top quartile of British dividend payers (4.0%). Higher than average of industry peers (1.0%). Reported Earnings • May 02
Full year 2020 earnings released The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: €498.8m (down 11% from FY 2019). Net income: €17.6m (up 371% from FY 2019). Profit margin: 3.5% (up from 0.7% in FY 2019). The increase in margin was driven by lower expenses.