Analysts and consensus

Analysts

COMPANY

NAME

TEL

Citi  Sathish Sivakumar 020 7986 1926
Exane BNP Paribas James Hollins 020 3430 8438

HSBC

Joe Thomas

020 7992 3618

Investec Securities

Tom Callan

020 7597 6712

Jefferies

Rebecca Lane 

020 7548 4186

Liberum Capital

Gerald Khoo

020 3100 2195

Peel Hunt Alex Paterson 020 7418 8885

Royal Bank of Canada Capital Markets

Ruairi Cullinane

077 384 8175
UBS Ivar Billfalk-Kelly 020 7568  3240

6

Buy

4

Hold

0

Sell

    Consensus
average
Min Max
Revenue(£m)        
  2021 3,775.9 2,964.0 4,092.0
  2022 3,384.3 2,571.9 4,101.5
  2023 2,913.0 1,282.5 4,186.3
Operating profit* (£m)        
  2021 86.7 77.2 92.6
  2022 92.3 77.8 109.4
  2023 110.1 81.2 135.9
Bus operating profit*(£m)        
  2021 83.8 75.2 89.3
  2022 76.6 70.8 85.1
  2023 91.8 82.1 99.9
Rail operating profit* (£m)        
  2021 2.9 0.0 7.5
  2022 15.7 3.0 34.6
  2023 18.3 (0.9) 38.8
PBT (£m)        
  2021 64.6 53.9 72.0
  2022 70.3 56.3 78.5
  2023 88.5 64.6 105.5
EPS (p)        
  2021 94.1 64.6 108.2
  2022 106.4 91.4 122.1
  2023 144.4 119.8 174.7
DPS (p)        
  2021 15.7 0.0 48.9
  2022 46.6 0.0 60.0
  2023 60.8 0.0 76.4

Adjusted net debt 

(Pre-IFRS 16)

       
  2021 236.0 152.2 288.5
  2022 200.5 81.8 286.1
  2023 171.2 49.5 316.2

Adjusted net debt 

(Post-IFRS 16)

       
  2021 623.5 375.4 894.9
  2022 672.1 213.2 1,649.0
  2023 581.1 149.1 1,167.0

 

*before exceptional items

These estimates, which have been provided to Go-Ahead by registered investment analysts, are forward looking and are therefore subject to risks and uncertainties that may materially affect eventual results. The above are based on five analyst forecasts, updated since the 10 June 2021. These estimates are not endorsed by Go-Ahead and the Group assumes no obligation to update or revise them to reflect circumstances arising after the date below.

Last updated: 06 August 2021