JAMES DAWSON CHARLES STANLEY
On balance, this update should be viewed as supportive rather than significant progress. We believe the strategy to focus on maximising value as entirely logical and still see further potential with this estate.
DOUGLAS JACK NUMIS
Trading is still on track and ahead of our consensus-in-line full year forecast. With the fourth quarter offering good like-for-like trading prospects, there is now reasonable visibility for the full year at least meeting expectations.
PAUL HICKMAN PEEL HUNT
Spirit has performed well in a tough quarter. But we are trimming our forecast as we are marginally above consensus and the slower progress on the leased estate probably limits the overperformance potential for the year.