London · Delayed Price · Currency is GBP · Price in GBX SSP Group Earnings Call Transcripts
Fiscal Year 2025
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FY 2025 delivered 8% revenue growth, 13% higher operating profit, and a 25% EPS increase, with strong cash flow enabling a £100m share buyback. Continental Europe remains a challenge, but turnaround plans target at least 3% margin in 2026, while guidance for FY 2026 is raised on early trading momentum.
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Q4 sales and earnings per share met expectations, with strong growth in the UK, Asia-Pacific, and North America offsetting challenges in Continental Europe. A £100 million share buyback was launched, and FY26 guidance remains within market expectations, supported by cost and operational improvements.
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First half sales grew 12% year-over-year with a 31% rise in operating profit and margin improvement. Guidance for the full year is maintained despite macroeconomic uncertainty, with a focus on cost efficiency, capital discipline, and a potential share buyback program.
Fiscal Year 2024
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FY24 saw strong sales and profit growth, with robust performance in North America, Asia/Middle East, and the UK, but Continental Europe lagged due to macro and operational challenges. FY25 guidance targets higher sales, margin, and EPS, with a focus on efficiency, capital discipline, and improved European returns.
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Revenue and profit grew strongly in H2, with three of four regions meeting or exceeding expectations. Europe underperformed due to the Paris Olympics and German motorway exits, but immediate cost and leadership actions are underway. CapEx will be lower in FY 2025, with a focus on margin and cash flow improvement.