Progressive publish new research
Source: RNS
|
SPR | Springfield Properties plc: Debt reduction strategy pays dividends Springfield Properties has returned to paying dividends earlier than we expected as a result of its focus on debt reduction over the past year and in its confidence, as signs grow of a recovering sales market in Scotland. FY24 results, to 31 May, were slightly ahead of our estimates. The Group confirms it expects to meet expectations for FY25E, while we have introduced estimates for the following two years, which assume continued growth.
|
Subscribe to Progressive's research, which is freely available to every type of investor, and be kept informed about our regular programme of investor engagement.
About Progressive:
Progressive is an equity research and investor engagement company. FCA authorised and regulated, the firm has a 15-strong team of highly experienced analysts. We provide Institutional grade research and connect companies with investors across every sector of the market.
|
Broad coverage
|
Analyst calibre
|
|||
|
across 12 sectors |
|
|
|
|
|
|
|
|
|
|
|
Business Services |
Oil & Gas |
15 |
with average |
20 |
|
Financials |
Property |
experience of |
||
|
Healthcare |
Retail |
|
||
|
Industrials |
Technology |
30+ |
|
techMARK |
|
Investment Trusts |
Telecoms |
industry based |
Extel |
|
|
Mining |
Utilities |
awards |
StarMine |
|
For further information please contact:
Progressive Equity
+44 (0) 20 7781 5300
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
