Join our community of smart investors

Week Ahead 6-10 May

A summary of key company announcements expected in the coming week
May 3, 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 6 May

May Day Public Holiday: UK markets are closed

Tuesday 7 May

Interim: Numis Corporation

Finals: Iofina, Quindell Portfolio

Trading statements: Aer Lingus, Betfair, easyJet, EOG Resources, Hiscox, HSBC, National Express, Prudential, Telecity Group

AGMs: Futura Medical, Macfarlane Group, Raven Russia, Stratex International

EGM: Hargreaves Services

Economics: British Retail Consortium shop price index, new car registrations

Wednesday 8 May

Interim: Sage Group

Final: J Sainsbury

Trading statements: Costain, CRH, CSR, Drax, Ecofin Water & Power, esure, Fidessa Group, Galliford Try, InterContinental Hotels, Intu Properties, Next, Resolution, Rightmove, Standard Chartered, Tullow Oil, Wetherspoon (JD)

AGMs: BAE Systems, Costain, CRH, Genpact, Hirco, Intu Properties, Lighthouse Group, Melrose Industries, Next, Playtech, Promethean World, Rightmove, Savills, Secure Trust Bank, Standard Chartered, Tullow Oil

Economics: British Retail Consortium like-for-like sales figures

Supermarket J Sainsbury (SBRY) looks set to report decent enough full-year figures on Wednesday. Indeed, from the big four UK supermarkets, J Sainsbury is the most successful at attracting customers and delivering growth. According to retail research specialists, the group has been consistently increasing market share, while rivals have tended to lose share. Moreover, a fourth-quarter trading update in March revealed that like-for-like sales (excluding fuel) for the year had grown by a reasonable 1.8 per cent. Management has said that it's comfortable with consensus pre-tax profit forecasts, too. Going forward, analysts tend to expect Sainsbury to continue to outperform its peers for sales growth - although delivering margin growth will prove tougher as rivals Tesco and Wm Morrison invest more, and online shopping puts pressure on operating margins. Broker Charles Stanley expects full-year pre-tax profit of £748m giving EPS of 29.9p.

Thursday 9 May

Interims: Titon Holdings, United Drug

Final: Experian

Trading statements: Barratt Developments, Beazley, Eurasian Natural Resources, Hammerson, Hardy Oil & Gas, IMI, Kingspan, London Mining, Morgan Sindall, Old Mutual, Pantheon International, Provident Financial, Spirax-Sarco Engineering, SuperGroup, TT Electronics, Tullett Prebon, Wm Morrison Supermarkets

AGMs: Arbuthnot Banking, Aviva, British Polythene Industries, Catlin, Communisis, Datalex, Delcam, Fyffes, Hammerson, Hardy Oil & Gas, Howden Joinery, IMI, Katanga Mining, Kingspan, Morgan Sindall, National Express, Old Mutual, Plant Health Care, Provident Financial, Rio Tinto, Skyepharma, Spirax-Sarco Engineering, Sweet Group, TT Electronics, Tullett Prebon, William Hill

Economics: Industrial production data, manufacturing production data, Bank of England interest rate announcement, Bank of England asset purchase target, National Institute of Economic and Social Research GDP estimate for April

Friday 10 May

Interim: TUI Travel

Final: BT

Trading statements: Catlin, Derwent London, Ferrexpo, Morgan Advanced Materials

AGMs: BBA Aviation, Clarke (T), Clarkson, F&C Asset Management, Hutchison China Meditech, Merchants Trust, Morgan Advanced Materials, Ocado Group, Solo Oil

Economics: Trade figures, construction output data

Money's tight and the eurozone is on life support, but that hasn't stopped holidaymakers booking their fortnight in the sun. Indeed, travel agent TUI Travel (TT.) - which reports half-year figures on Friday - expects to reveal both a lower first half loss this year and growth in full-year underlying operating profit that's likely to be towards the "upper end" of its 7-10 per cent target range. TUI has already said that margins and prices improved over the winter, driven by UK and Nordic bookings, and that it has already sold about half its mainstream summer breaks on better terms. TUI's underlying seasonal operating loss should narrow by £20m-£30m from £317m in 2012, says broker Peel Hunt. If it does, full-year adjusted pre-tax profit is expected to jump 12 per cent to £435.4m, giving adjusted EPS of 27.3p, and a forward PE ratio of 11.5, in line with the sector.

Shares going ex-dividend on 8 May

CompanyDividend(p)Payment
Alent5.513 Jun
Antofagasta 8.313 Jun
Antofagasta 51.413 Jun
Bilfinger Berger Gbl Infrastructure2.7501 Jun
Bunzl 19.401 Jul
Cape 9.507 Jun
CSR 5.1231 May
Derwent London 23.7514 Jun
EP Global Opps Tst 3.931 May
European Assets Trust NV 0.153431 May
Fidessa Group 4510 Jun
Fidessa Group 24.510 Jun
GlaxoSmithKline 1811 Jul
H&T Group 8.0507 Jun
Henderson Far East Income Trust 4.131 May
Henderson Group 5.0531 May
Hochschild Mining 1.9504 Jun
IS Solutions 131 May
James Halstead  Group 2.7507 Jun
JD Sports Fashion2205 Aug
Kingfisher 6.3717 Jun
Kings Arms Yard VCT0.531 May
Laird Group 6.607 Jun
Macfarlane Group 1.0506 Jun
Maven Income & Growth VCT 3330 May
Pendragon0.130 May
Regenersis0.6707 Jun
Rightmove1407 Jun
Smart (J) Contractors 0.9203 Jun
Spirit Pub0.6807 Jun
Standard Life Inv Property Incme Trust1.13324 May
Ted Baker 18.714 Jun
Unilever 22.9112 Jun

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.