Analysts and consensus

Analysts

COMPANY

NAME

TEL

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

Stephanie D'Ath

00852 6755 1659

6

Buy

3

Hold

0

Sell

    Consensus
average
Min Max
Revenue(£m)        
  2020 3,713.4 3,131.8 4,019.4
  2021 3,602.1 2,864.6 4,188.1
  2022 2,106.7 1,597.6 3,138.0
Operating profit* (£m)        
  2020 68.7 64.2 72.6
  2021 74.9 66.8 84.5
  2022 84.0 65.0 106.5
Bus operating profit*(£m)        
  2020 67.1 64.2 69.9
  2021 66.1 61.3 70.1
  2022 79.3 68.2 85.6
Rail operating profit* (£m)        
  2020 1.7 0.0 2.9
  2021 10.4 5.0 16.0
  2022 0.2 (12.8) 5.2
PBT (£m)        
  2020 47.9 43.4 55.8
  2021 54.3 39.3 74.5
  2022 73.2 56.1 90.8
EPS (p)        
  2020 59.8 51.0 71.1
  2021 73.2 51.9 100.8
  2022 121.8 87.3 160.7
DPS (p)        
  2020 5.0 0.0 30.2
  2021 30.7 0.0 70.0
  2022 60.4 0.0 102.1
Net debt (exc. restricted cash £m)        
  2020 947.0 781.0 990.0
  2021 636.1 217.0 1,011.8
  2022 368.1 (18.2) 949.3

 

*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. 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.

Analyst forecasts not since our trading update on 22 May 2020 (in which we reinstated financial guidance) have been excluded from these figures. Forecasts that have not yet been updated for IFRS 16 Leases have also been excluded.

Last updated: 22 September 2020