Analysts and consensus

Analysts

COMPANY

NAME

TEL

Bank of America Najet El Kassir 020 7996 1273
Canaccord Genuity Gert Zonneveld 020 7523 8377
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

7

Buy

3

Hold

0

Sell

    Consensus
average
Min Max
Revenue(£m)        
  2021 3,602.9 2,964.1 3,938.9
  2022 2,568.6 1,680.7 3,734.0
  2023 2,303.7 1,261.1 3,727.1
Operating profit* (£m)        
  2021 69.2 64.5 76.6
  2022 87.6 68.9 116.3
  2023 100.7 79.0 119.2
Bus operating profit*(£m)        
  2021 68.0 64.5 74.9
  2022 79.0 69.0 97.1
  2023 89.2 80.9 100.0
Rail operating profit* (£m)        
  2021 1.2 0.0 3.0
  2022 8.6 (1.9) 26.9
  2023 11.5 (1.9) 28.7
PBT (£m)        
  2021 48.3 44.2 53.5
  2022 69.5 48.5 101.1
  2023 83.0 64.5 99.4
EPS (p)        
  2021 60.3 45.4 66.4
  2022 102.4 70.4 140.9
  2023 132.0 90.6 158.9
DPS (p)        
  2021 16.4 0.0 37.0
  2022 51.8 0.0 84.7
  2023 63.1 0.0 83.3

Adjusted net debt 

(Pre-IFRS 16)

       
  2021 250.1 199.7 313.0
  2022 220.1 128.0 326.9
  2023 217.6 97.5 358.5

Adjusted net debt 

(Post-IFRS 16)

       
  2021 574.4 397.0 888.1
  2022 459.1 219.0 852.3
  2023 474.2 170.1 838.1

 

*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 nine analyst forecasts, updated since the 3 December 2020 trading update. 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: 08 March 2021