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 16 September
Interims: Corac, EKF Diagnostics, MyCelx Technologies, Netdimensions Holdings, Optimal Payments, PhotonStar LED Group, SimiGon, TLA Worldwide, Toumaz, Waterlogic
Finals: Allergy Therapeutics, Petra Diamonds, Transense Technologies
AGMs: Media Corporation, Scientific Digital Imaging
EGMs: Jubilant Energy, Media Corporation, Theo Fennell
Economics: Rightmove house prices data
Tuesday 17 September
Interims: Bango, Bond International Software, Burford Capital, Camkids, Charlemagne Capital, Corero Network Security
Finals: Galliford Try, Pan African Resources
Trading statements: Crest Nicholson, Debenhams, IG Group, Imagination Technologies, Investec
AGMs: Camco Clean Energy, Daisy Group, Trifast
Economics: Producer price index, Office for National Statistics house prices data, consumer price index, retail price index
Investors in gold mining companies have had little to smile about in 2013, but Pan African Resources (PAF) should report a hefty rise in earnings with it full-year figures on Tuesday - helped by the acquisition of the Evander gold mine in South Africa. Indeed, a trading update last month revealed that better-than-expected production figures, along with an exchange rate boost (the South African Rand has weakened considerably against sterling), should deliver a 25-35 per cent hike in earnings. This suggests end-June 2013 EPS of 2.53p to 2.73p, according to broker finnCap. Still, unions are causing trouble again in South Africa, with wage negotiations ongoing at the company’s Barberton mines. Ahead of further monetary policy guidance from the US Federal Reserve, the price of gold is also swinging up and down wildly. Unless gold makes a dramatic and sustained move upward shortly - and that's not looking so likely - these two headwinds look set to keep the shares under pressure. At 13.75p, we reiterate our sell tip (15.3p, 13 June 2013).
Wednesday 18 September
Interims: Cello Group, French Connection, JD Sports Fashion, Serviced Office Group
Finals: Redrow, Smiths Group, Town Centre Securities
AGMs: Cohort, Games Workshop, Great Western Mining Corporation, Imaginatik, Merrion Pharmaceuticals
Economics: Bank of England Monetary Policy Committee minutes
JD Sports Fashion (JD.) reports half-year results on Wednesday and analysts will probably focus on trading at the struggling outdoor and fashion divisions - these are in the midst of a major revamp and generate about a fifth of group revenue. Management do, however, expect the biggest improvements at the two units to materialise in the second half and have warned of increased losses in the fashion segment at the half-year stage. Meanwhile, the core sports retail division is expected to deliver solid like-for-like growth. Broker N+1 Singer expects full-year pre-tax profit of £70m, giving EPS of 101.3p (2012: £60.5m/88.5p). At 970p, the shares are up strongly on our buy tip (747p, 25 April 2013), but they still trade on under 10 times forecast earnings. With the core sports side doing well, and with improvements on the horizon at the outdoor and fashion units, that's too cheap. Buy.
Thursday 19 September
Interims: Anpario, Gulf Keystone Petroleum, IQE, Mission Marketing, Networkers International, Premier Farnell
Finals: Sinclair IS Pharma, Swallowfield, Wilmington Group
Trading statements: Asos, Booker, Northgate, United Utilities
AGMs: Accsys Technologies, Assura, Best of the Best, Diageo, Northgate
Economics: Retail sales data, Confederation of British Industry - total orders and selling price trends
Friday 20 September
Interims: Brainjuicer, Tawa
AGMs: Associated British Engineering, Imagination Technologies, Ryanair Holdings
Economics: Public sector borrowing data
Companies going ex-dividend on 18 September
Company | Dividend(p) | Payment |
Adept Telecom ord 10p | 0.75 | 10 Oct |
Antofagasta Ord 5p | 5.75 | 10 Oct |
BBA Aviation Ord 29 16/21p | 2.75 | 1 Nov |
Best Of The Best Ord 5p | 1 | 18 Oct |
Carr's Milling Industries Ord 25p | 7.75 | 11 Oct |
Chime Communications Ord 25p | 2.2 | 11 Oct |
Computacenter | 5.2 | 18 Oct |
Consort Medical | 12.71 | 25 Oct |
Costain Ord 50p | 3.75 | 25 Oct |
Daisy Group | 4 | 11 Oct |
Derwent London Ord 5p | 10.75 | 24 Oct |
Henderson Small Cos Inv Tst | 6.5 | 10 Nov |
Highcroft Investment Trust Ord 25p | 12.5 | 18 Oct |
IG Group Ord 10p | 17.5 | 22 Oct |
Interserve Ord 10p | 6.8 | 23 Oct |
Irish Continental | €0.33 | 4 Oct |
JPM Globall Emerg. | 2.1 | 25 Oct |
Ladbrokes Ord 28 1/3 p | 4.3 | 31 Oct |
Melrose Plc | 2.75 | 17 Oct |
Molins Ord 25p | 2.5 | 10 Oct |
Neptune Calculus Inc & Gwt Ord 10p | 1 | 16 Oct |
New Europe Prop Inv | €0.129 | 30 Sep |
Petrofac Ord $ 0.025 | 14.1 | 18 Oct |
Primary Health Properties Ord 50p | 9.5 | 1 Nov |
Renishaw Ord 20p | 28.67 | 21 Oct |
RPS Group Ord 3p | 3.52 | 17 Oct |
Swan (John) & Sons & Ord 25p | 5 | 18 Oct |
Tribal Group Ord 5p | 0.5 | 18 Oct |
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.