SSP Group shares fall 6.9% as Peel Hunt trims profit forecast despite buyback

Impact · against what's priced in

SSPG faces downward pressure as operating profit guidance of £230 million misses market consensus, indicating North American weakness. HEX sees a positive catalyst from the highest mudlog helium reading to date at the Ollie #1 well.

HEX+0.60

No priced-in read yet

In context

The Ollie #1 well delivered the company's highest mudlog helium reading to date, with concentrations exceeding 0.5%.

Read from the article alone

Actual

• HEXNew
• retail
• earnings
• guidance
• SSPG
• consumer
• food and beverage
• north america
• profit warning
• share buyback