Just as you think the season of financial results is winding down, it springs back into action with reports from Frasers, Berkeley Group, Ashtead, Future, and possibly AB Foods. Additionally, there’s a focus on the travel sector with updates from tour operators TUI and On The Beach and airport retail operator SSP.
In macroeconomic data, traders and economists will be delving into crucial UK data covering services, retail, and housing sectors. In the US, many employment data will be scrutinized, culminating in the significant non-farm payrolls report at week’s end.
Monday, December 4, Company Previews:
The week in the City starts quietly… a good time to delve into the macro week ahead preview.
Scheduled reports:
Interim Results: SDCL Energy Efficiency Income Trust PLC (LSE:SEIT)
Annual General Meetings: PRS REIT, Schroder Oriental Income Fund, Diversified Energy Company PLC (LSE:DEC, OTCQX:DECPF), Palace Capital PLC (LSE:PCA)
US Earnings: NIO Inc (NYSE:NIO)
Economic Announcements: Factory Orders (US), Auto Sales (US)
Tuesday, December 5 Company Previews:
Following a profit warning last month, expectations for Ashtead Group PLC’s (LSE:AHT) half-year results have been significantly recalibrated, with rumours of its potential move from London to New York… read the preview for more details.
SSP Group plc (LSE:SSPG) also saw its shares dip to a near three-year low after an update from its brands Upper Crust and Le Grand Comptoir, which wasn’t as bad as expected… more details in the preview.
Moonpig Group PLC (LSE:MOON) engaged with analysts ahead of its half-year numbers, leading to an optimistic report from Jefferies… find out more.
Other scheduled reports:
Trading Updates: Ferguson PLC (LSE:FERG)
Interim Results: Ashtead Group PLC (LSE:AHT), CML Microsystems Plc (LSE:CML), DiscoverIE Group PLC, Peel Hunt Ltd (AIM:PEEL), Solid State PLC (AIM:SOLI), TPXimpact Holdings PLC (AIM:TPX), Moonpig Group PLC (LSE:MOON)
Final Results: Gooch & Housego PLC (AIM:GHH), Marston’s PLC, Oxford Metrics (AIM:OMG) PLC, On The Beach Group PLC, Premier Miton Group PLC (AIM:PMI), SSP Group plc (LSE:SSPG)
US Earnings: AutoZone, Signet Jewelers Ltd, Asana Inc, MongoDB Inc (NASDAQ:MDB)
Annual General Meetings: Abrdn Asia Focus PLC, OPG Power Ventures, Schroder Japan Trust PLC
Economic Announcements: BRC Sales Monitor (UK), PMI Composite (UK), PMI Services (UK), PMI Construction (UK), ISM Services (US), PMI Services (US)
Wednesday, December 6 Company Previews:
Anglo-German tour operator TUI AG (LSE:TUI) is set to release its final results, anticipated to reflect a strong year-end performance, buoyed by a robust summer season and extended demand due to favorable weather… more details in the preview.
Shifting focus from leisure to finance, Paragon Banking Group PLC (LSE:PAG), a specialist in buy-to-let mortgages, is expected to highlight shareholder returns in its upcoming report… read the preview for further insights.
Later, GameStop Corp (NYSE:GME) steps into the earnings spotlight, recently regaining attention as a ‘meme stock’ with a surge in retail investor activity ahead of its financial update… more information available in the preview.
Other Reports Due:
Interim Results: Baltic Classifieds Group PLC (LSE:BCG), Redde Northgate PLC (LSE:REDD), System1 Group (AIM:SYS1) PLC
Final Results: Paragon Banking Group PLC (LSE:PAG), Schroder European Real Estate Investment Trust PLC, TUI AG (LSE:TUI)
US Earnings: Chewy, GameStop Corp (NYSE:GME), Brown-Forman (NYSE:BF.B), Campbell’s Soup
Annual General Meetings: Bowleven PLC, Gattaca PLC (AIM:GATC), STM Group PLC (AIM:STM), Virgin Wines UK PLC (AIM:VINO), Vinacapital Vietnam Opportunity Fund, JPEL Private Equity Ltd, Alternative Liquidity Fund Ltd
Economic Announcements: Halifax House Price Index (UK), MBA Mortgage Applications (US), Balance of Trade (US), Wholesale Inventories (US), Crude Oil Inventories (US), Consumer Credit (US)
Thursday, December 7 Company Previews:
AJ Bell PLC (LSE:AJB), a wealth platform, reports on a challenging 2023, marked by a decline in retail share activity and increased regulatory scrutiny on fund platform revenue models… read the preview for more details.
DS Smith PLC (LSE:SMDS) faces a mixed outlook from UBS, with potential concerns over pricing in its interim report on cardboard packaging… more insights in the preview.
Frasers Group PLC (LSE:FRAS) receives a supportive analysis from Barclays ahead of its results, following a recent cancellation of a European acquisition… read the preview for more information.
Also reporting are other major companies, including publisher Future PLC (LSE:FUTR), which has seen a significant drop in its share value despite a positive update… further details in the preview.
Other Reports Due:
Trading Update: Balfour Beatty plc (LSE:BBY)
Interim Results: DS Smith PLC (LSE:SMDS), Frasers Group PLC (LSE:FRAS)
Final Results: AJ Bell PLC (LSE:AJB), Future PLC (LSE:FUTR)
US Earnings: Broadcom Inc, Ciena, Dollar General, Lululemon Athletica (NASDAQ:LULU)
Annual General Meetings: Asia Dragon Trust PLC, Bioventix (AIM:BVXP) PLC, Darktrace PLC (LSE:DARK), Doric Nimrod Air Three (LSE:DNA3) Ltd, Doric Nimrod Air Two Ltd, Essensys PLC, Fidelity Emerging Markets Ltd, GS Chain PLC (LSE:GSC, OTCQB:GSCHF), Haydale Graphene Industries PLC, Kibo Energy PLC (LSE:KIBO, JSE:KBO), Kin and Carta PLC, Lok’n Store PLC, Nanoco Group PLC (LSE:NANO), Scottish Oriental Smaller Cos Trust, Supermarket Income REIT PLC (LSE:SUPR, OTC:SUPIF), YouGov PLC (AIM:YOU)
Economic Announcements: Halifax House Price Index (UK), Continuing Claims (US), Initial Jobless Claims (US), GDP (EU)
Ex-dividends to reduce FTSE 100 by: 0.34
Friday, December 8 Company Previews:
Berkeley Group Holdings PLC (LSE:BKG) is expected to reflect the recent resurgence in the housebuilding sector, aiming to mirror the positive updates from its competitors… read the preview for more details.
Associated British Foods PLC (LSE:ABF), owner of Primark, might provide an update ahead of its AGM, following a pattern from last year and a positive statement issued last month.
Other Reports Due:
Interim Results: Berkeley Group Holdings PLC (LSE:BKG)
Annual General Meetings: Associated British Foods PLC (LSE:ABF), Ashoka India Equity Investment Trust PLC (LSE:AIE), Associated British Engineering PLC, Hargreaves Lansdown PLC (LSE:HL.), Amedeo Air Four Plus Ltd (LSE:AA4)
Economic Announcements: RICS Housing Market Survey (UK), Non-Farm Payrolls (US), University of Michigan Confidence (Preliminary) (US)
