Latest news with #growthrate
Zawya
4 days ago
- Business
- Zawya
Nigeria: Tinubu eyes 7% economic growth rate by 2027
President Bola Ahmed Tinubu has set a new target of achieving a 7 per cent growth rate by 2027 while reaffirming the commitment of his administration to the ongoing economic reforms and the Renewed Hope Agenda's drive towards a $1 trillion economy by who presided over the Federal Executive Council (FEC) meeting on Wednesday at the Presidential Villa, Abuja, expressed satisfaction with his administration for restoring macroeconomic stability in the country. He urged his ministers to intensify efforts at optimising public savings to finance growth President reminded the Council that upon assuming office in 2023, his administration undertook far-reaching economic reforms, including floating the naira and removing fuel subsidies, tough measures that initially unsettled the economy but have since paved the way for stability and investor confidence. 'Together, we have implemented bold and difficult reforms that have dismantled longstanding distortions in our economy and restored policy credibility,' Tinubu said.'Our economy is now better positioned to attract both domestic and foreign private investment, investment that is critical to stimulating sustained growth, creating decent jobs, and lifting millions of Nigerians out of poverty.' © 2022 Nigerian Tribune Provided by SyndiGate Media Inc. (
Yahoo
20-06-2025
- Business
- Yahoo
SBF AG (FRA:CY1K) Is Expected To Breakeven In The Near Future
SBF AG () is possibly approaching a major achievement in its business, so we would like to shine some light on the company. SBF AG, through its subsidiary, SBF Spezialleuchten GmbH, engages in the development, manufacture, and distribution of ceiling and lighting systems for indoor and outdoor rail vehicles. The €90m market-cap company announced a latest loss of €2.0m on 31 December 2024 for its most recent financial year result. As path to profitability is the topic on SBF's investors mind, we've decided to gauge market sentiment. We've put together a brief outline of industry analyst expectations for the company, its year of breakeven and its implied growth rate. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. According to some industry analysts covering SBF, breakeven is near. They expect the company to post a final loss in 2025, before turning a profit of €1.3m in 2026. Therefore, the company is expected to breakeven just over a year from now. What rate will the company have to grow year-on-year in order to breakeven on this date? Using a line of best fit, we calculated an average annual growth rate of 103%, which is rather optimistic! If this rate turns out to be too aggressive, the company may become profitable much later than analysts predict. We're not going to go through company-specific developments for SBF given that this is a high-level summary, however, take into account that by and large a high forecast growth rate is not unusual for a company that is currently undergoing an investment period. Check out our latest analysis for SBF Before we wrap up, there's one aspect worth mentioning. The company has managed its capital prudently, with debt making up 29% of equity. This means that it has predominantly funded its operations from equity capital, and its low debt obligation reduces the risk around investing in the loss-making company. There are too many aspects of SBF to cover in one brief article, but the key fundamentals for the company can all be found in one place – SBF's company page on Simply Wall St. We've also put together a list of pertinent aspects you should look at: Valuation: What is SBF worth today? Has the future growth potential already been factored into the price? The intrinsic value infographic in our free research report helps visualize whether SBF is currently mispriced by the market. Management Team: An experienced management team on the helm increases our confidence in the business – take a look at who sits on SBF's board and the CEO's background. Other High-Performing Stocks: Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here. — Investing narratives with Fair Values Vita Life Sciences Set for a 12.72% Revenue Growth While Tackling Operational Challenges By Robbo – Community Contributor Fair Value Estimated: A$2.42 · 0.1% Overvalued Vossloh rides a €500 billion wave to boost growth and earnings in the next decade By Chris1 – Community Contributor Fair Value Estimated: €78.41 · 0.1% Overvalued Intuitive Surgical Will Transform Healthcare with 12% Revenue Growth By Unike – Community Contributor Fair Value Estimated: $325.55 · 0.6% Undervalued View more featured narratives — Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
18-06-2025
- Business
- Zawya
Parliament gives final approval for Egypt's FY2025/26 economic, social development plan
Arab Finance: The House of Representatives has officially approved the draft economic and social development plan for fiscal year (FY) 2025/2026 in a plenary session chaired by Hanafi Gebaly, as per a statement by the Egyptian cabinet on June 17th. The session was attended by the Minister of Planning and Economic Development, and International Cooperation Rania Al-Mashat. In her remarks following the approval, Al-Mashat expressed appreciation for the continued support of Parliament, emphasizing the importance of ongoing cooperation to advance Egypt's national interests. She noted that the plan was developed under difficult circumstances, which have since become more complex due to escalating regional developments. These changes necessitate a flexible and responsive planning approach, with the government committed to regularly reviewing performance indicators in light of shifting realities, she said. The FY 2025/2026 development plan targets an economic growth rate of approximately 4.5%, a significant increase compared to the 2.4% recorded in FY 2023/2024. The higher target reflects efforts to sustain economic recovery while managing the uncertainty stemming from geopolitical and global economic conditions. Preliminary indicators from the first nine months of the current FY 2024/2025 show improved growth trends, providing momentum for the upcoming year. The plan includes public investments amounting to EGP 1.16 trillion, compared to an expected EGP 1 trillion in FY 2024/2025. This increase is framed within efforts to rationalize public spending, reduce the burden of debt servicing, and create more space for private sector engagement in development. Private investments are projected to reach approximately EGP 1.94 trillion in FY 2025/2026, representing about 63% of total planned investments, while public investments account for 37%. The plan gives priority to high-implementation projects that support sustainable economic goals and encourage broader private sector participation. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Yahoo
10-06-2025
- Business
- Yahoo
Analysts Expect Breakeven For Tortilla Mexican Grill plc (LON:MEX) Before Long
Tortilla Mexican Grill plc () is possibly approaching a major achievement in its business, so we would like to shine some light on the company. Tortilla Mexican Grill plc, together with its subsidiaries, operates, manages, and franchises Mexican restaurants under the Tortilla, Chilango, and Fresh Burritos brands in France, the United Kingdom, and the Middle East. The UK£15m market-cap company announced a latest loss of UK£3.3m on 29 December 2024 for its most recent financial year result. As path to profitability is the topic on Tortilla Mexican Grill's investors mind, we've decided to gauge market sentiment. We've put together a brief outline of industry analyst expectations for the company, its year of breakeven and its implied growth rate. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Consensus from 2 of the British Hospitality analysts is that Tortilla Mexican Grill is on the verge of breakeven. They expect the company to post a final loss in 2025, before turning a profit of UK£2.1m in 2026. The company is therefore projected to breakeven just over a year from now. What rate will the company have to grow year-on-year in order to breakeven on this date? Using a line of best fit, we calculated an average annual growth rate of 99%, which is rather optimistic! Should the business grow at a slower rate, it will become profitable at a later date than expected. We're not going to go through company-specific developments for Tortilla Mexican Grill given that this is a high-level summary, however, bear in mind that typically a high growth rate is not out of the ordinary, particularly when a company is in a period of investment. Check out our latest analysis for Tortilla Mexican Grill One thing we would like to bring into light with Tortilla Mexican Grill is it currently has negative equity on its balance sheet. Accounting methods used to deal with losses accumulated over time can cause this to occur. This is because liabilities are carried forward into the future until it cancels. These losses tend to occur only on paper, however, in other cases it can be forewarning. This article is not intended to be a comprehensive analysis on Tortilla Mexican Grill, so if you are interested in understanding the company at a deeper level, take a look at Tortilla Mexican Grill's company page on Simply Wall St. We've also compiled a list of key aspects you should look at: Valuation: What is Tortilla Mexican Grill worth today? Has the future growth potential already been factored into the price? The intrinsic value infographic in our free research report helps visualize whether Tortilla Mexican Grill is currently mispriced by the market. Management Team: An experienced management team on the helm increases our confidence in the business – take a look at who sits on Tortilla Mexican Grill's board and the CEO's background. Other High-Performing Stocks: Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
