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Week Ahead 8-12 April

A summary of key company announcements expected in the coming week
April 5, 2013

Welcome to the week ahead, our summary of the forthcoming key company announcements. Companies are no longer obliged to notify the London Stock Exchange (LSE) of results and trading updates, so this list does not claim to be comprehensive. You can read company announcements at http://announce.ft.com and our daily online news summaries record all key company announcements and business press headlines.

Monday 8 April

Finals: Christie, DDD

Trading statement: Polymetal International

AGM: XP Power

EGMs: Greenco, KLCC Property

Tuesday 9 April

Finals: Blur, Concurrent Technologies, Frenkel Topping, Good Energy, JKX Oil & Gas, Lombard Medical Technologies, Nationwide Accident Repair Services, Netplay TV, Surgical Innovations

Trading statements: Ferrexpo, Robert Walters, Victrex

AGM: Low & Bonar

Economics: British Retail Consortium like-for-like sales data, Royal Institution of Chartered Surveyors house price data, Industrial production, manufacturing production, trade figures, National Institute of Economic & Social Research GDP estimate (March)

Wednesday 10 April

Finals: Amiad Water Systems, InternetQ

Trading statements: Atkins (WS), Dunelm, Halfords, Vedanta Resources

AGM: Law Debenture Corporation

Thursday 11 April

Interims: WH Smith

Finals: Burford Capital, Evraz

Trading statements: Ashmore, Electron Technology, Hays, Marks and Spencer, Mothercare, PZ Cussons, Volex

AGMs: BP, Pennant International, Smith & Nephew

Retailer WH Smith (SMWH) announces half-year figures on Thursday and investors will be keen to see how the group has been performing in the run up to the departure of chief executive Kate Swann on 30 June. The highly regarded Ms Swann has been at the helm for nearly a decade and, judging by the share price performance, the market isn't too worried about the change - the shares have actually risen 20 per cent since that announcement on 11 October. Recent trading hasn't been bad, either. True, group sales did fall 5 per cent in the 20 weeks to 20 January - but costs have continued to be tightly managed, allowing profit margins to be maintained. What's more, the group's travel and overseas business boasts impressive growth prospects. Cash generation remains strong, too, and is funding another £50m share buy-back scheme - that was announced in August. Peel Hunt expects pre-tax profit of £106.6m for the year to end-August 2013, giving EPS of 69.1p. So, at 757p, that leaves the shares trading on a not overly pricey 11 times expected earnings.

Burford Capital (BUR), meanwhile, releases its full-year figures on Thursday. It provides finance for civil litigation in the US where the plaintiff doesn't have the capital to pursue a case through the courts. And business is booming. Last year, it recovered $47m (£30.8m) on 12 investments for a 61 per cent net return on invested capital, and there's a further $53m of gross investment recoveries pending. Further case work has been taken on during the year, making $72m in commitments to nine new investments. Moreover, UK-based Firstassist has generated $11m of revenue since the group acquired it in February 2012 and $14m for the full fiscal year - a 35 per cent increase on the whole of the previous year. While, in addition to the core litigation expenses insurance business, Firstassist has also launched a UK litigation funding service. Inevitably, Burford's revenue stream is lumpy because the timing of successful litigation is unpredictable - so brokers don't usually produce forecasts.

Friday 12 April

Trading statement: XP Power

AGMs: AFC Energy, Heavitree Brewery

EGMs: Elan, GW Pharmaceuticals

Shares going ex-dividend on 10 April

CompanyDividend (p)Payment
Aer Lingus€0.0410 May
Amino Technologies325 Apr
Amlin16.523 May
Animalcare1.53 May
BBA Aviation6.7524 May
Begbies Traynor0.69 May
Berendsen17.53 May
Bodycote8.37 May
Catalysts Media73 May
Charles Taylor6.7524 May
Chesnara11.2522 May
Chrysalis VCT3.2530 Apr
Dialight9.58 May
DCG Iris1.2513 May
Edinburgh UK Tracker Trust6.851 May
Filtrona8.630 Apr
Fisher (James) & Sons11.8310 May
Foresight 4 VCT426 Apr
Fyffes€0.014213 May
GKN4.820 May
Herald Investment Trust13 May
IMI20.720 May
Invesco Leveraged High Yield Fund1.2530 Apr
James Halstead710 May
JPM American Trust7.58 May
JPM US Smaller Co Inv Tst9.17 May
Kerry€0.2510 May
LSL Property Services6.410 May
Manchester & London Inv Trust5.529 Apr
Merchants Trust5.815 May
Mobeus Inc & Growth 4 VCT5.510 May
Northamber0.37 May
Ortus VCT217 Apr
Plexus Holdings0.4426 Apr
Rotork26.621 May
RPS3.3424 May
Savills (special)613 May
Savills6.713 May
Secure Trust Bank4310 May
Shore Capital0.525 Apr
Smurfit Kappa€0.20510 May
St Ives23 May
St James's Place Capital6.3924 May
Tamar Euro Ind Fund0.7526 Apr
Thorpe (FW)107 May
Ultra Electronics27.83 May

The ex-dividend date is the first day on which it is no longer possible to buy the shares and qualify for the dividend. Ex-days are almost always a Wednesday. The record date is usually two days after the ex-date. The payment day is the day on which the funds are transferred to shareholders.