BAT Share Price Jumps 12% as Virgin Active Hits £119M EBITDA, Outlook Strong

By: fxleaders|2025/05/02 21:15:01

BAT (JSE: BAT) has risen 12% in recent days on a series of positive updates across the portfolio. At the heart of the move is Virgin Active which reported 13% year on year revenue growth and £119m EBITDA for March 2025. UK and Italy outperformed, more than offsetting softer South Africa and Australia. Management is focused on cost discipline and targeted reinvestment to sustain operating leverage . Virgin Active’s performance reflects steady demand recovery and the company’s ability to capture value in its key markets. How Virgin Active Is Linked to JSE: BAT (Brait PLC)? Virgin Active is one of the core portfolio companies owned by Brait PLC (share code: BAT on the JSE). Brait is an investment holding company listed on the Johannesburg Stock Exchange (JSE) and Luxembourg Stock Exchange, and its share price performance is heavily influenced by how its portfolio companies are performing. Brait’s Current Key Portfolio Includes: Key Points: Premier Delivers Despite Macro Headwinds Premier, another anchor in the portfolio, is expected to deliver mid single digit revenue growth and 20-30% headline EPS growth. Despite inflation, rising interest rates and commodity volatility, the company credits its resilience to better margin management and streamlined logistics. Full year results due around June 10 could add to the upside if earnings come in at the top end of guidance. Investors are getting ahead of the curve and buying into the stock above key levels. What’s Supporting the Outlook: Technical Breakout Signals Bullish Momentum On the chart, BAT has broken out of a multi week symmetrical triangle and closed at ZAC 217 after taking out resistance at ZAC 206. Volume confirmed the breakout and MACD is turning up. Price has moved above the 50 EMA (ZAC 197) and the short term trend is now higher. Fibonacci extensions point to targets between ZAC 231 and ZAC 238 if momentum holds. Watch for a pullback to the ZAC 206-201 zone for a low risk entry. Trade Setup:

The truth behind the Rockefeller escape myth: the end of the bull market is not due to overheating emotions, but rather the exhaustion of new funds. Currently, market buying volume has been concentrated and released, so it is advised to be cautious of "tail-end market trends" and gradually take prof...

Stablecoins vs Deposit Tokens: On the surface, they seem like opposing sides, but in reality, they are interconnected

Great powers compete for standards, while small countries build barriers.

Bitcoin Crash to $50,000 or Bear Trap Before $100,000? Deep Dive for WEEX Traders

Is Bitcoin heading to $50k or getting ready to blast off to $100k? Check out this breakdown of liquidations, ETF flows, and whales buying the dip.

How Could the SpaceX IPO Affect Bitcoin, Altcoins season, and Crypto Liquidity?

Will the SpaceX IPO affect Bitcoin prices? Discover how SpaceX's reported BTC holdings, crypto liquidity shifts, ETF outflows, and the biggest IPO in history could impact Bitcoin and the broader crypto market.

The ambitions of Kalshi, MTS, and a16z

The prediction market may be the only field in 2025 that can collectively excite prestigious dollar fund investors, digital currency enthusiasts, and media professionals.

The AI bubble is bursting

In the clamor of the bubble, the potential of the underlying productivity is not inflated at all.

Morning Report | BitMine increased its holdings by 126,971 ETH last week; trader Eugene announced his exit from the crypto market

Overview of Important Market Events on June 8th

Wang Chuan: How can one not feel anxious after the neighbor Old Wang made thirty times profit by investing in storage stocks? (Seven) - A quarter-century cycle