Springfield Properties PLC Progressive publish new research
17 September 2024 - 4:21PM
RNS Non-Regulatory
RNS Number : 4816E
Springfield Properties PLC
17 September 2024
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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.
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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.
www.progressive-research.com
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Broad
coverage
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Analyst
calibre
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across 12
sectors
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Business
Services
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Oil &
Gas
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15
analysts
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with
average
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20
years
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Financials
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Property
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experience
of
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Healthcare
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Retail
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Industrials
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Technology
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30+
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techMARK
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Investment
Trusts
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Telecoms
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industry
based
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Extel
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Mining
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Utilities
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awards
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StarMine
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For
further information please contact:
Progressive Equity
+44 (0) 20 7781 5300
info@progressive-research.com
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