Updates

S4 Capital

June 2021

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

The shares moved towards £6 after S4 said revenues and gross profit had soared 71% to £122m and £104m, respectively, in Q1. Average net cash was £50m. In the light of the statement it has also raised its full year guidance from +25% to +30% like-for-like revenue and profit growth accompanied by strong EBITDA margins. S4’s former WPP boss, Martin Sorrell, famous for his Mystic Meg forecasts, now expects the vaccine led rebound to drive 20% annual growth in digital advertising and intends to exploit this through the issuance of a corporate bond to finance accelerated M&A activity. Numis reckons he will raise £250m, which using his 50:50 cash:debt formula would equate to £ ...

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S4 Capital (October 2022)

S4 Capital (August 2022)

S4 Capital (March 2022)

S4 Capital (December 2021)

S4 Capital - Shares hit new high of 872p (November 2021)

S4 Capital - Shares power through £8 mark (October 2021)

S4 Capital - Shares surge towards Â£7 (August 2021)

S4 Capital (May 2021)

S4 Capital (February 2021)

S4 Capital - Digital advertising agency to increase profit from £31m-£108m between FY19-22 (November 2020)

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