Investors were ready to take a glass half full view of the full year results from commercial caterer SSP Group which were published this morning. Revenues added 6%, profits advanced 8.4% and the profit margin grew, too. There was also a definite tone of not resting on laurels – early FY26 sales are tracking well but the company remains committed to maximising shareholder returns and notes there’s room for improvement in continental European operations. The SSP share price was 14% higher in early trade.
As the name suggests, this is indeed a publishing company from the Baltic states that carries a lot of classified advertising. Half year results out today note revenues up 7% and operating profits 18% higher, but one line of weakness in the update appears to revolve around caution that lower revenue growth will result in margin compression. The Baltic Classified share price was down almost 20% shortly after the open.
The FTSE-250 listed platform for specialist media and content creators issued full year results this morning. Despite revenues and profits falling as a result of a refocusing, adjusted profit margins were maintained, whilst shareholders saw a significant 5x increase in the dividend plus the launch of a £30m buyback. Newly launched initiatives are showing good performance and the group remains highly cash generative, with the market likely encouraged by the prospect of further capital returns. The Future share price was up 11% by 8.45am.
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