>Underlying Research revenue growth continued at a strong 7% - Springer Nature reported underlying revenue growth of 6% in the first nine months of the year compared with 7% in the first half, which implies at least organic revenue growth of 4-5% in Q3. Adjusted operating profit grew 9% in 9M 24, which compares with 16% underlying growth in the first half of the year, reflecting a YoY slowdown in 3Q which was anticipated by the company. Importantly, the Research divis...
EQS-News: Springer Nature AG & Co. KGaA / Schlagwort(e): 9-Monatszahlen Springer Nature erzielte in den ersten neun Monaten des Jahres 2024 anhaltendes Wachstum und bestätigt den Ausblick für das Gesamtjahr 19.11.2024 / 07:00 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. PRESSEMITTEILUNGSpringer Nature erzielte in den ersten neun Monaten des Jahres 2024 anhaltendes Wachstum und bestätigt den Ausblick für das Gesamtjahr Organisches Wachstum bei Umsatz (+6%)(1)und bereinigtem operativen Ergebnis(2) (+9%)(1) in den ersten neun Monat...
EQS-News: Springer Nature AG & Co. KGaA / Key word(s): 9 Month figures Springer Nature delivered continued growth in the first nine months of 2024 and confirms full-year guidance 19.11.2024 / 07:00 CET/CEST The issuer is solely responsible for the content of this announcement. PRESS RELEASE Springer Nature delivered continued growth in the first nine months of 2024 and confirms full-year guidance Growth in revenue (+6%)(1) and adjusted operating profit(2) (+9%)(1) in the first nine months of 2024; outlook for 2024 confirmed Revenue growth was driven by Research segme...
Springer Nature is one of the world’s leading professional publishing companies. Its highly recurring revenue base and strong market position, good FCF generation and a deleveraging balance sheet should lead to a rerating, we believe. We initiate coverage with an Outperform and a TP of €33. - >Strong recurring revenue growth in its Research division - Almost three-quarters of Springer Nature’s group revenues are generated in its Research division, which mainly consist...
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