Forward-looking tone is improving across 2 channels (2 in agreement). No distress, pre-raise or narrative-drift signals firing. Tone trajectory is improving ( → → → ); last update 2026-04-09. Next results expected in 17 days (2026-05-25); the earnings model leans ahead (49% confidence). Macro backdrop: recovery.
| Signal / Date | Status | Detail | Indicator |
|---|---|---|---|
| Composite signals | |||
| Multi-channel | Improver flagged | Tone improving across multiple channels — flagged improver in AIM. 2 of 2 channels in agreement | tone 30.0 · broker 33.3 · director — · sector 25.5 |
| Tone trajectory | improving | Tone has been improving. most recent 2026-04-09 · 7 statements in last 180d | |
| Distress | Not flagged | Not flagged for distress. | |
| Pre-raise | Not flagged | Not flagged as a pre-raise candidate. | |
| Narrative drift | Stable | Narrative consistent with historical baseline. | |
| Forward catalyst | |||
| Upcoming results | Predicted ahead | Next results expected in 17 days (2026-05-25). Model leans ahead of consensus. 17% below · 33% inline · 49% ahead · 49% model confidence · calendar low | |
| Broker actions — last 90 days (3) | |||
| 2026-04-10 | target_raise | BERENBERGbuy | 28p(was 25) |
| 2026-04-09 | reiteration | Shore CapitalBuy | 27p |
| 2026-02-09 | reiteration | Shore CapitalHold | — |
| Director deals — last 90 days | |||
| — | None | No director deals in the last 90 days. | |
| Backdrop | |||
| UK macro regime | recovery | UK cycle classification: recovery (78% confidence). | See macro indicators → |
Tone improving across multiple channels — flagged improver in AIM.
2 of 2 channels in agreement
Tone has been improving.
most recent 2026-04-09 · 7 statements in last 180d
Not flagged for distress.
Not flagged as a pre-raise candidate.
Narrative consistent with historical baseline.
Next results expected in 17 days (2026-05-25). Model leans ahead of consensus.
17% below · 33% inline · 49% ahead · 49% model confidence · calendar low
BERENBERGbuy
Shore CapitalBuy
Shore CapitalHold
No director deals in the last 90 days.
Forward-looking tone is improving across 2 channels (2 in agreement). No distress, pre-raise or narrative-drift signals firing. Tone trajectory is improving ( → → → ); last update 2026-04-09. Next results expected in 17 days (2026-05-25); the earnings model leans ahead (49% confidence). Macro backdrop: recovery.
| Signal / Date | Status | Detail | Indicator |
|---|---|---|---|
| Composite signals | |||
| Multi-channel | Improver flagged | Tone improving across multiple channels — flagged improver in AIM. 2 of 2 channels in agreement | tone 30.0 · broker 33.3 · director — · sector 25.5 |
| Tone trajectory | improving | Tone has been improving. most recent 2026-04-09 · 7 statements in last 180d | |
| Distress | Not flagged | Not flagged for distress. | |
| Pre-raise | Not flagged | Not flagged as a pre-raise candidate. | |
| Narrative drift | Stable | Narrative consistent with historical baseline. | |
| Forward catalyst | |||
| Upcoming results | Predicted ahead | Next results expected in 17 days (2026-05-25). Model leans ahead of consensus. 17% below · 33% inline · 49% ahead · 49% model confidence · calendar low | |
| Broker actions — last 90 days (3) | |||
| 2026-04-10 | target_raise | BERENBERGbuy | 28p(was 25) |
| 2026-04-09 | reiteration | Shore CapitalBuy | 27p |
| 2026-02-09 | reiteration | Shore CapitalHold | — |
| Director deals — last 90 days | |||
| — | None | No director deals in the last 90 days. | |
| Backdrop | |||
| UK macro regime | recovery | UK cycle classification: recovery (78% confidence). | See macro indicators → |
Tone improving across multiple channels — flagged improver in AIM.
2 of 2 channels in agreement
Tone has been improving.
most recent 2026-04-09 · 7 statements in last 180d
Not flagged for distress.
Not flagged as a pre-raise candidate.
Narrative consistent with historical baseline.
Next results expected in 17 days (2026-05-25). Model leans ahead of consensus.
17% below · 33% inline · 49% ahead · 49% model confidence · calendar low
BERENBERGbuy
Shore CapitalBuy
Shore CapitalHold
No director deals in the last 90 days.