S4 Capital will report Q3 results on 9 th November. We forecast 9m Gross Profit of £196.4m with Q3 up +72% to £72.4m aided by the contribution from Firewood. At the interims we had forecast +12% Q3 LFL growth, but now believe this is too low and expect an outcome (at least) at the +18% reported in July. This compares with the marcoms holding companies that reported Q3 declines of between -4% and -12%. The digital majors have reported robust Q3 results with revenues growing +14% to $46bn for Alph ....
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Q3 results preview
S4 Capital plc (SFOR:LON) | 55.8 -0.6 (-1.9%) | Mkt Cap: 322.0m
- Published:
02 Nov 2020 -
Author:
Thomas Like | Paul Richards -
Pages:
11
S4 Capital will report Q3 results on 9 th November. We forecast 9m Gross Profit of £196.4m with Q3 up +72% to £72.4m aided by the contribution from Firewood. At the interims we had forecast +12% Q3 LFL growth, but now believe this is too low and expect an outcome (at least) at the +18% reported in July. This compares with the marcoms holding companies that reported Q3 declines of between -4% and -12%. The digital majors have reported robust Q3 results with revenues growing +14% to $46bn for Alph ....