Tillkännagivande • Jun 04
Springfield Properties plc Provides Earnings Guidance for the Fiscal Year 2026 Springfield Properties Plc provided earnings guidance for the fiscal year 2026. For the period, the company expects to report revenue in line with market expectations, with total revenue of approximately £245 million. Buy Or Sell Opportunity • May 28
Now 20% overvalued Over the last 90 days, the stock has fallen 30% to €0.99. The fair value is estimated to be €0.83, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.5% over the last 3 years, while earnings per share has been flat. Revenue is forecast to decline by 25% in 2 years. Earnings are forecast to decline by 27% in the next 2 years. Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Colin Rae was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Jan 27
Springfield Properties Plc to Report First Half, 2026 Results on Feb 17, 2026 Springfield Properties Plc announced that they will report first half, 2026 results on Feb 17, 2026 Tillkännagivande • Sep 03
Springfield Properties Plc to Report Fiscal Year 2025 Final Results on Sep 16, 2025 Springfield Properties Plc announced that they will report fiscal year 2025 final results at 8:00 AM, GMT Standard Time on Sep 16, 2025 Tillkännagivande • Jul 08
Springfield Properties plc Provides Earnings Guidance for the Fiscal Year 2025 Springfield Properties Plc provides earnings guidance for the fiscal year 2025. For the period, the company expects to report profit before tax for Fiscal Year 2025 in line with current market expectations and that the Group's focus on the removal of its bank debt has enabled it to reduce net debt in excess of market expectations. The Group expects to report an increase in revenue to £280 million (2024: £266 million), driven primarily by the significant growth in land sales, including through the Group's agreement with Barratt Redrow plc ("Barratt"). Tillkännagivande • Feb 17
Springfield Properties Plc Provides Earnings Guidance for the Fiscal 2025 Springfield Properties Plc provided earnings guidance for the fiscal 2025. As a result of the Land Sale, the Group expects to report profit for Fiscal Year 2025 significantly ahead of market expectations. Further details on the Group's outlook for Fiscal Year 2025 are provided in its H1 2025 results announcement. Tillkännagivande • Jan 24
Springfield Properties Plc to Report First Half, 2025 Results on Feb 18, 2025 Springfield Properties Plc announced that they will report first half, 2025 results on Feb 18, 2025 Upcoming Dividend • Nov 01
Upcoming dividend of UK£0.01 per share Eligible shareholders must have bought the stock before 07 November 2024. Payment date: 12 December 2024. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.8%). Tillkännagivande • Oct 02
Springfield Properties Plc, Annual General Meeting, Oct 30, 2024 Springfield Properties Plc, Annual General Meeting, Oct 30, 2024. Location: springfields office, alexander fleming house, 8 southfield drive, morayshire, iv30 6gr, elgin United Kingdom Buy Or Sell Opportunity • Sep 26
Now 21% undervalued Over the last 90 days, the stock has risen 16% to €1.23. The fair value is estimated to be €1.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has declined by 23%. For the next 3 years, revenue is forecast to grow by 3.7% per annum. Earnings are also forecast to grow by 20% per annum over the same time period. Reported Earnings • Sep 18
Full year 2024 earnings released: EPS: UK£0.064 (vs UK£0.10 in FY 2023) Full year 2024 results: EPS: UK£0.064 (down from UK£0.10 in FY 2023). Revenue: UK£266.5m (down 20% from FY 2023). Net income: UK£7.55m (down 38% from FY 2023). Profit margin: 2.8% (down from 3.6% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Consumer Durables industry in Germany. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Tillkännagivande • Sep 17
Springfield Properties plc Recommends Final Dividend on Ordinary Share, Payable on 12 December 2024 Springfield Properties PLC recommend a dividend for the year of 1 pence per ordinary share (2023: nil), subject to shareholder approval at the next annual general meeting, with an ex-dividend date of 7 November 2024, a record date of 8 November 2024 and a payment date of 12 December 2024. Tillkännagivande • Aug 29
Springfield Properties PLC to Report Fiscal Year 2024 Results on Sep 17, 2024 Springfield Properties PLC announced that they will report fiscal year 2024 results at 8:00 AM, GMT Standard Time on Sep 17, 2024 Recent Insider Transactions • Jun 13
Part Time Executive Chairman recently sold €142k worth of stock On the 7th of June, Alexander Adam sold around 125k shares on-market at roughly €1.13 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Alexander's only on-market trade for the last 12 months. Reported Earnings • Feb 23
First half 2024 earnings released: EPS: UK£0.01 (vs UK£0.042 in 1H 2023) First half 2024 results: EPS: UK£0.01 (down from UK£0.042 in 1H 2023). Revenue: UK£121.7m (down 25% from 1H 2023). Net income: UK£1.19m (down 76% from 1H 2023). Profit margin: 1.0% (down from 3.1% in 1H 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 3 years compared to a 5.6% growth forecast for the Consumer Durables industry in Germany. Tillkännagivande • Jan 30
Springfield Properties PLC to Report Q2, 2024 Results on Feb 20, 2024 Springfield Properties PLC announced that they will report Q2, 2024 results on Feb 20, 2024 Buying Opportunity • Jan 10
Now 24% undervalued Over the last 90 days, the stock is up 63%. The fair value is estimated to be €1.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 10%. Revenue is forecast to decline by 18% in 2 years. Earnings is forecast to decline by 10% in the next 2 years. Buying Opportunity • Dec 21
Now 20% undervalued Over the last 90 days, the stock is up 62%. The fair value is estimated to be €1.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 10%. Revenue is forecast to decline by 18% in 2 years. Earnings is forecast to decline by 10% in the next 2 years. Tillkännagivande • Nov 02
Springfield Properties plc Announces Retirement of Roger Eddie from the Board of Directors Springfield Properties PLC announced that Roger Eddie has retired from the Board of Directors of the Company with effect from 31 October 2023. As stated in the company's annual report for the year ended 31 May 2023, Mr. Eddie had notified the Board of his intention to retire as a Non-executive Director during the current financial year, having joined the Board on 13 November 2008. New Risk • Oct 12
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 6.7% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 Debt is not well covered by operating cash flow (7.4% operating cash flow to total debt). Earnings are forecast to decline by an average of 6.7% per year for the foreseeable future. Minor Risks Profit margins are more than 30% lower than last year (3.6% net profit margin). Market cap is less than US$100m (€71.3m market cap, or US$75.0m). Tillkännagivande • Sep 29
Springfield Properties PLC, Annual General Meeting, Oct 25, 2023 Springfield Properties PLC, Annual General Meeting, Oct 25, 2023, at 12:00 Coordinated Universal Time. Location: Springfield's office at Alexander Fleming House, 8 Southfield Drive, Elgin, Morayshire, IV30 6GR Morayshire United Kingdom Agenda: To receive the financial statements of the Company and the directors' and auditors' reports thereon for the year ended 31 May 2023; to reappoint Innes Smith as a director of the Company; to reappoint Alexander Adam as a director of the Company; to reappoint Iain Logan as a director of the Company; to re-appoint BDO LLP, Chartered Accountants, as auditors of the Company from the conclusion of this meeting until the conclusion of the next general meeting at which accounts are laid before shareholders and to authorize the directors to fix the auditors’ remuneration; and to consider other matters if any. Tillkännagivande • Sep 21
Springfield Properties plc Announces Not to Propose A Dividend for Fiscal Year 2023 Springfield Properties Plc Board has resolved not to propose a dividend for fiscal year 2023 as a measure to preserve liquidity in response to market conditions. The Group's focus is on managing cash flow and reducing its debt to ensure that it is in the optimal position for when market conditions improve. Reported Earnings • Sep 20
Full year 2023 earnings released: EPS: UK£0.10 (vs UK£0.15 in FY 2022) Full year 2023 results: EPS: UK£0.10 (down from UK£0.15 in FY 2022). Revenue: UK£332.1m (up 29% from FY 2022). Net income: UK£12.1m (down 25% from FY 2022). Profit margin: 3.6% (down from 6.3% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 6.0% p.a. on average during the next 2 years, while revenues in the Consumer Durables industry in Germany are expected to grow by 6.6%. Board Change • Jul 26
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Independent Non-Executive Director Colin Rae was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 
