2023 | 2024 | 2024 | 2025 | 2026 | |
---|---|---|---|---|---|
£m | Actual | Range | Consensus | Consensus | Consensus |
Revenue | 257.4 | 308.8-313.5 | 311.1 | 386.2 | 452.3 |
Underlying EBITDA | 85.9 | 103.6-106.8 | 105.5 | 128.1 | 150.5 |
Underlying EBITDA margin (%) | 33.4% | 33.5%-34.2% | 33.9% | 33.2% | 33.3% |
Underlying EPS (pence) | 37.23 | 41.60-43.70 | 42.72 | 51.17 | 60.90 |
Dividend per share (pence) | 11.17 | 12.50-13.60 | 12.92 | 15.23 | 18.01 |
Underlying Net Debt | 123.3 | 144.5-212.3 | 176.8 | 223.4 | 189.5 |
Analyst coverage and composition of consensus forecasts
Research House | Analyst |
Deutsche Numis Research* | David Brockton |
Joh. Berenberg* | James Bayliss |
HSBC | Daniel Cowan |
Shore Capital | Vivek Raja |
Royal Bank of Canada | Andrew Brooke |
Investec | Michael Donnelly |
Jefferies | Julian Roberts |
Stifel | Jacob Armstrong |
Research covers the years ending 31 December 2024, 2025, and 2026. 6 of the 8 analysts have a buy recommendation and 2 are a hold. The consensus share price recommendation is £12.93.
*House brokers
Last updated 08/11/2024
Disclaimer
Any forecasts of the financial performance of JTC made by securities analysts are theirs alone and do not represent those of JTC. Inclusion of analysts’ forecasts on this website does not imply JTC’s endorsement of or concurrence with their reports, conclusions or recommendations nor does JTC assume any liability for the accuracy of the information. Please note that the information provided does not constitute a solicitation to buy, hold or sell securities.
The consensus figures are not based on JTC’s own opinions, estimates or forecasts and are compiled and published without comment from, or endorsement or verification by JTC. The consensus figures do not necessarily reflect guidance provided from time to time by JTC where given in relation to equivalent metrics, which to the extent available can be found on the JTC website.
By providing consensus figures, JTC does not imply that it endorses, confirms or expresses a view on the consensus figures. The consensus figures are provided for informational purposes only and are not intended to, nor do they, constitute investment advice or any solicitation to buy, hold or sell securities or other financial instruments. No warranty or representation, either express or implied, is made by JTC or its affiliates, or their respective directors, officers and employees, in relation to the accuracy, completeness or achievability of the consensus figures and, to the fullest extent permitted by law, no responsibility or liability is accepted by any of those persons in respect of those matters. JTC assumes no obligation to update, revise or supplement the consensus figures to reflect circumstances existing after the date hereof.
JTC does not accept any liability whatsoever for reliance upon, or actions taken based on, any of the information set out in these consensus figures. The consensus figures are forward-looking and as such are speculative and rely on assumptions and events in the future (some or all of which may not be satisfied or may not occur).
The consensus figures do not take into consideration the investment objectives, financial situation or particular needs of any particular investor. Before making an investment decision, a prospective investor should consider its particular investment needs, objectives and financial circumstances, and should seek appropriate professional advice, tailored to the investor’s circumstances. Any investment in securities is subject to investment risks.