Analyst consensus

Consensus summary

(after announced planned disposals of CEC Controls and EthosEnergy)
 

FY24 Average

FY24 MIN

FY24 MAX

No. of analysts

FY25 Average

FY25 MIN

FY25 MAX

No. of analysts

Revenue ($m)

5,879

5,726

6,070

8

6,136

5,878

6,521

8

Adjusted EBITDA ($m)

461

457

469

8

492

446

511

6

Adjusted EPS (c)

6.7

1.8

11.0

8

12.3

6.8

15.6

8

Free Cash Flow ($m)

(153)

(219)

(115)

4

66

38

114

7

Net Debt (excl. leases) ($m)

(703)

(692)

(717)

6

(678)

(540)

(875)

8

Swipe right > to see 2025

Published  22nd October 2024

The consensus summary above is a high-level summary as of 22nd October 2024 based on submissions and published research notes from sell-side analysts. Numbers are shown on the basis that our planned disposals of CEC Controls and EthosEnergy complete by 31 December 2024, consistent with our guidance. For those analysts who have yet to model our disposals, we have excluded their FY24 net debt estimates and FY25 adjusted EBITDA estimates. The above summary also excludes some free cash flow estimates for 2024 given different approaches to modelling free cash flow, i.e. some include disposals proceeds whereas 糖心Vlog’s definition does not. Due to different approaches to modelling our planned disposals, we have not published the detailed Vuma consensus at this time.

Please note:

The consensus figures are current as at the date specified on the website and are not updated after that date.

The consensus figures reflect the opinions of third-party analysts who do not have access to the Company’s internal forecasts, budgets or any other information which is not publicly available. The consensus figures are not based on the Company’s opinions, estimates or forecasts and are compiled and published without comment from, or endorsement or verification by the Company. To the fullest extent permitted by law, the Company does not accept any liability whatsoever for any reliance placed upon, or actions taken based on, any of the information set out in the consensus figures. The Company, its directors and employees do not accept any responsibility for the accuracy or completeness of any of the information set out in the consensus figures, assume no liability whatsoever in relation to the consensus figures and undertake no obligation to update, revise or supplement the consensus figures.

The consensus figures are forward looking in nature and as such are speculative and rely on assumptions and events in the future, which may or may not occur. Prospective investors should be aware of the risks in placing undue reliance on prospective financial information.

The Company makes no comment about its forecast performance. The Company’s actual performance for the period is not yet known and may differ from the consensus figures.