Daily Stock Market Report (Tue 12th August 2025) - SUS, BWY, PAY, ENT, SPX
Good morning!
Today's Agenda is complete.
Spreadsheet accompanying this report: link (last updated to: 24th July). Now includes Company Names for easier searching, as suggested by you!
Companies Reporting
Name (Mkt Cap)RNSSummaryOur view (Author)Entain (LON:ENT) (£6.0bn)Interim ResultsH1 ahead of exps, FY25 guidance upgraded. H1 net revenue +10% (cc), EBITDA +32% including JV. H1 revenue growth online is up 13%, while H1 retail revenue is flat (all at constant currencies).Previous guidance for this year was for online revenue at mid-single digits at constant currencies. New guidance is for 7% growth online. Newly introduced FY25 group EBITDA guidance is £1,100-1,150m.AMBER (Graham) [no section below]I don’t cover this one regularly but the gambling sector can be a fruitful area to research. In the case of this stock, Roland was AMBER on it last time he checked it, and the market cap then was only £4.8bn - it’s now £6bn! Positive momentum at Entain’s joint venture with MGM Resorts is carrying it higher: this JV is BetMGM, an online casino (including a live casino) and sportsbook. Among other brands, Entain also owns Ladbrokes and Coral. One major reason for Roland’s caution is the adjusted net debt position...