Evoke Share Discussion Threads

[bedford1976] 18/10/2024 09:22

I'm happy with the update. The ship looks steady, and we are going to plod away deleveraging. I'm confident to stick with my investment here.

[socionomics] 18/10/2024 09:10

"Blackhorse2 318 Oct '24 - 09:12 - 640 of 644

I think some investors are waiting for budget announcements"

What are 50p per point spreadbetters waiting for? Some chips with your kebab perhaps?

[pooldar] 18/10/2024 09:00

What is the debt here has it decreased?

[baldrick1] 18/10/2024 08:39

First quarter growth and 23 million pounds cost saving. That is obvious in trading update.

[oneillshaun] 18/10/2024 08:29

So no change in H2 numbers, these where budgeted prior to Pers arrival or just as he arrived last year, so reality is that he is just steading the ship not growing it, if his plans had been so impactful we would see an increase in H2 numbers. Per is a just a book of management/marketing buzz words.

[blackhorse23] 18/10/2024 08:12

I think some investors are waiting for budget announcements

[baldrick1] 18/10/2024 07:56

Folks are taking advantage of this very low share price and buying

[baldrick1] 18/10/2024 07:54

He did ;)))

[baldrick1] 18/10/2024 07:53

You never know with Santa rally ;)))

[socionomics] 18/10/2024 07:50

2 thumbs up turned into 1 thumbs up and 1 down!

dandigirl18 Oct '24 - 08:39 - 632 of 634
Underwhelming. Hardly dial moving. Be lucky to hold 60p.

Blackhorse2318 Oct '24 - 08:43 - 633 of 634
Not performing well as suppose to be

You made your kebab money Blacky?

[baldrick1] 18/10/2024 07:46

I averaged up by 10000;))

[blackhorse23] 18/10/2024 07:43

Not performing well as suppose to be

[dandigirl] 18/10/2024 07:39

Underwhelming. Hardly dial moving. Be lucky to hold 60p.

[window kleaner] 18/10/2024 07:36

Nothing wrong with a much higher price target than reality :-)

ALWAYS have lower target, but if it hits higher than it is a bonus.
Am happy with 5% in short time (up to 6 weeks)

Have none.
g.l.

[longwell] 18/10/2024 07:28

Profit taking then share price will stabilise until budget.

[baldrick1] 18/10/2024 07:20

150p by the end of this year, and it will still be cheap.

[socionomics] 18/10/2024 07:10

89p target. Could hit early next week.

[pinemartin9] 18/10/2024 07:02

They look solid enough to me. Good to see YTD cost savings of 23 million, the gearing is going to take a long time to unwind here, but it does seem they have a sustainable model, balancing the debt with growth, particularly in new markets.

[blackhorse23] 18/10/2024 06:33

Growth across the board & cost savings £23 so far , Acquisition of winner.ro completed in early October 2024, building a market-leading position in Romania and the creation of evoke's fifth core market, enhancing earnings and reducing leverage from 2025 onwards.

[blackhorse23] 18/10/2024 06:30

Per Widerström, CEO of evoke, commented:"I have now been in position for a year, and I am pleased that the turnaround of the business is working, with the first quarter of revenue growth since Q1 2022 and positive underlying trends. We are achieving our plans to improve trading in the short-term, while simultaneously radically transforming the Group's capabilities for the long-term.Our online business is a clear growth engine for the Group and we saw a return to double-digit online revenue growth in our core markets in Q3 2024 underpinned by our focused market strategy and supported by important product investments and the results of our clearer customer value proposition and segmentation.I am pleased to report a strong quarter of progress as we continue to implement our strategy for success and deliver our value creation plan. We are moving decisively and at pace to position evoke for long-term growth, and I look forward to providing further updates about our progress in the coming months."

[hope1815] 18/10/2024 06:13

They mentioned closing out USA in Q1 with 2 sales yet to complete.

Happy Investing

[window kleaner] 18/10/2024 06:09

Outlook

· No change to previously issued guidance for H2 2024 revenue growth of 5-9%, and Adjusted EBITDA margin expected to improve to approximately 21%.

· No change to existing FY25 expectations, including Adjusted EBITDA margin of at least 20%, with unchanged medium-term targets of 5-9% revenue growth per year, c.100bps of Adjusted EBITDA Margin expansion per year, and leverage of below 3.5x by the end of 2026.