0933 GMT - SSP's first-quarter update points to FY 2026 estimates being increasingly achievable at this early stage, Shore Capital analysts Greg Johnson and Clive Black say. Softer comparatives heading into the second half and realized cost savings imply an improvement of around 20 million pounds in operating profit, which could lead it to rise to 240 million pounds, the analysts say. The coffee and snacks company has key drivers for earnings growth which might total up to around 40 million pounds, they say. This includes overhead savings, margin improvement in continental Europe, and underlying revenue growth, they say. "From an investment perspective, 2026 is a year of execution for SSP, with estimates baking in further robust EPS growth...improving return on capital and strengthening cash generation," the analysts say. Shares are up 2.3% at 2 pounds. (anthony.orunagoriainoff@dowjones.com)
(END) Dow Jones Newswires
January 23, 2026 04:33 ET (09:33 GMT)
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