Next week, updates from UK companies will continue to stream in. Among them, we will see notable mentions like Primark’s parent company, AB Foods, and housebuilding giants Vistry and Redrow. These will be interspersed with news from a majority of smaller and medium-sized enterprises.
Online ticketing service Trainline, beverage producer Fevertree, and engineering firm Renishaw are some of the highlights in the mid-cap segment.
On the macroeconomic front, as we anticipate the European Central Bank’s announcement on Thursday, various global economic data will be available to influence stock and forex market dynamics. This includes statistics on US inflation, the UK’s employment, and GDP figures, rounded off with data on China’s industrial output and the Bank of England’s inflation perception survey at the week’s end.
Monday 11 September
Company Insights:
Greg Fitzgerald, the CEO, will aim to commence the week on a high note, especially after recent disagreements with shareholders regarding his compensation. Full details in the preview.
In the US, expectations for tech giant Oracle have been surging, mirroring its stock performance. This surge is supported by positive Wall Street opinions on its growth potential.
Other Companies Reporting:
Interim Reports: ENGAGE XR Holdings Plc, Inspired PLC (AIM:INSE), M P Evans Group Plc
US Earnings: Oracle Corp
AGMs: SDCL Energy Efficiency Income Trust PLC (LSE:SEIT)
Tuesday 12 September
Company Highlights:
Associated British Foods PLC (LSE:ABF), the powerhouse behind Primark, British Sugar, and numerous food brands, will share a pre-close update. This comes after a year of increased prices, rolling out a click-and-collect service, and boosting profit guidance earlier in the summer. Full details in the preview.
In tech news, all eyes will be on Apple Inc (NASDAQ:AAPL), the world’s premier tech company, as they present their new iPhone 15. This follows a recent decline in their share prices due to concerns regarding China.
Upcoming Reports:
Interim Updates: Cornerstone FS PLC, Creo Medical Group PLC, Dowlais Group PLC, Eleco PLC, Equals Group PLC, Gym Group Plc, Harworth Group Plc, Hvivo Plc, IQE PLC, Itaconix PLC, JTC PLC, Property Franchise Group, Smart Metering Systems PLC, and more.
Year-End Reports: Feedback PLC, Mattioli Woods PLC, Petra Diamonds
Annual General Meetings (AGMs): Northern Bear PLC, RC365 Holding PLC, Rockwood Strategic Plc, Warehouse REIT PLC
Economic Data: Claimant Count Rate (UK), UK Unemployment Rate
Wednesday 13 September
Company Highlights:
Redrow PLC (LSE:RDW) is set to unveil its strategies in response to the recent deceleration in sales, adjustments in planning permissions, and a foggy forecast. Dive into the full preview.
Upcoming Reports:
Interim Updates: Argentex Group PLC, Brave Bison Group Plc, Central Asia Metals, Tullow Oil PLC
Year-End Reports: Pan African Resources PLC, Ricardo PLC
Annual General Meetings (AGMs): BH Macro Ltd, Castelnau Group Ltd, Creightons PLC, Eckoh PLC, Hornby PLC, Marlowe PLC, Worsley Investors Limited
Economic Data: Trade Balance (UK), UK GDP, US MBA Mortgage Applications, US Consumer Price Index, US Crude Oil Inventory, US Budget Statement.
Thursday 14 September
Company Highlights:
Trainline PLC (LSE:TRN) will release a trading update, shedding light on whether the online platform has met the bold predictions made by City analysts recently. More details in the preview.
THG PLC’s (LSE:THG) half-yearly figures might intrigue many, especially given CEO Matthew Moulding’s recent outspoken stance on short-selling on social platforms. Also, their unexpected acquisition of CityAM newspaper and a potential venture into the media realm is anticipated to be a point of discussion.
Analysts hint that the final results from Renishaw PLC (LSE:RSW) are worth a glance. Even though it might not be the FTSE 250’s top headline-grabber, it offers a unique perspective into the global economic landscape.
In other news, an update from IG Group PLC is expected, following the resignation of CEO June Felix due to health reasons.
Across the pond, Adobe is set to announce its earnings, with recent positive remarks from the Bank of America to note.
Other Reports:
Interim Updates: Arecor Therapeutics PLC, Checkit PLC, Churchill China, Foresight Solar Fund Ltd, Glenveagh Properties PLC, Keystone Law Group PLC, Oakley Capital Investments Ltd, Spire Healthcare Group Plc, THG PLC, Uniphar PLC, and others.
Year-End Reports: Brooks Macdonald Group, Kier Group PLC, MJ Gleeson Plc, Renishaw PLC
US Earnings: Adobe Inc
AGMs: AEW UK REIT PLC, Altitude Group PLC, Auto Trader Group PLC, Baker Steel Resources Trust Ltd, Belluscura Ltd, IG Design Group PLC, Mode Global Holdings PLC, TwentyFour Income Fund Ltd, and more.
Economic Data: US Initial and Continuing Jobless Claims, Philadelphia Fed Index, Producer Price Index, Retail Sales, Business Inventories, EU’s ECB Interest Rate Decision.
Ex-dividends to Decrease FTSE 100 by: 0.44
Friday 15 September
Company Highlights:
Friday appears to be a quieter day on the corporate front. This might shift the spotlight towards the England vs. New Zealand one-day cricket match at Lord’s.
Other Reports:
Trading Updates: Alpha Real Trust Limited
Interim Updates: Videndum, Anglo Asian Mining
AGMs: Citius Resources PLC, Insig AI PLC, Real Estate Credit Investments Ltd, Supreme PLC, Trifast
Economic Data: UK’s BoE Inflation Attitudes Survey, US Import and Export Price Indices, Capacity Utilization, Industrial Production, Preliminary University of Michigan Confidence.
