Sands China to see further gains from Londoner ramp-up but faces margin pressures - CreditSights

Sands China to see further gains from Londoner ramp-up but faces margin pressures - CreditSights

Sands China is expected to deliver incremental earnings growth in the second half of the year, buoyed by the continued ramp-up of its flagship Londoner property, though aggressive customer reinvestment efforts could weigh on profit margins, according to analysts at CreditSights. In a research note published Friday, the brokerage maintained a “market perform” recommendation on the company’s US dollar bonds, describing Sands China as a “solid hold…