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 30 September
Interims: Incadea, InternetQ, Personal Group, Straight
Finals: MJ Gleeson, International Ferro Metals
Trading statements: Homeserve, ICAP, KCom
AGMs: African Consolidated Resources, Galleon, Greatland Gold, IPSA, Ludorum, Mediazest, OPG Power Ventures, Pinewood Shepperton, Provexis, Redstone, Theo Fennell, United Carpets
EGMs: RGI International, Shanta Gold
Economics: Net consumer credit figures, Data for net lending secured on dwellings, Mortgage approvals, M4 money supply data, Hometrack housing survey
Tuesday 1 October
Interims: Lidco, Walker Greenbank
Finals: Ceres Power, Pantheon International Participations, Pure Wafer, St Ives, Wolseley
Trading statement: ITE
AGM: Begbies Traynor
EGM: Interbulk
Economics: Purchasing managers' index - manufacturing, Halifax house price data
Wolseley (WOS) announces full-year figures on Tuesday and the builders' merchant is expected to deliver a mixed performance - an upturn in the US housing market and better trading in the UK are likely to be countered by weakness in Europe. Poor European conditions prompted the group to initiate a restructuring in France, where around two-fifths of its branches are being sold. Business in the US has remained more resilient, notably in repair, maintenance and improvement markets - turnover there has also been supported by an acceleration in new house construction. Indeed, in the first nine months to the end of April, group turnover on continuing operations was ahead on a like-for-like basis by 2.4 per cent at £3.23bn. Broker Numis Securities expects full-year pre-tax profit of £682m and EPS of 179.2p (from £627.6m and 162.7p in 2012). But the shares - at 3,404p, and trading on a toppy 19 times forecast earnings - look up with events. Hold.
Wednesday 2 October
Interim: Tesco
Trading statements: Andor Technology, Domino's Pizza, Dunelm, Electrocomponents, J Sainsbury
Economics: Purchasing managers' index for construction and services, official reserves data
There has been a steady stream of news from Tesco (TSCO) during the summer - the sale of its lossmaking US business Fresh & Easy, a joint venture in China and a set of dull first-quarter results. So when Tesco reports its half-year figures on Wednesday, investors shouldn't expect much to have changed since June's trading statement - that revealed a 2.2 per cent like-for-like sales fall, thanks to a 1 per cent drop in the UK and a 4.6 per cent fall overseas. At the time, a 4.9 per cent sales slump in China was blamed on bird flu and food safety scares, but the recent joint venture there suggests that Tesco may in fact be struggling to attract shoppers. Meanwhile, consumer sentiment at home is weak, competition is fierce and Tesco is losing market share. As such, it's difficult to see where any share price catalysts might come - leaving the shares, at 378p and on a forward PE ratio of 10, looking about right. Broker Panmure Gordon expects full-year EPS of 36.07p (from 36.04p for 2013). Hold.
Thursday 3 October
Interim: Ted Baker
Trading statements: Carillion, easyJet, FirstGroup
EGMs: Daily Mail & General Trust
Friday 4 October
Trading statements: Aer Lingus, Tate & Lyle, Wood (John)
AGM: Atlantis Japan
Economics: New car registrations data
Shares going ex-dividend on 2 October
Company | Dividend (p) | Payment |
---|---|---|
Advanced Medical Solutions | 0.19 | 1 Nov |
Air Partner | 14 | 25 Oct |
Albion Technology & General VCT | 2.5 | 31 Oct |
Alumasc ord 12.5p | 2.5 | 30 Oct |
Anite ord 10p | 1.265 | 29 Oct |
Bodycote | 4.4 | 7 Nov |
Brammer ord 20p | 3.4 | 1 Nov |
British Land ord 25p | 6.75 | 8 Nov |
DS Smith ord 10p | 5.5 | 30 Oct |
Edge Performance VCT | 7 | 15 Nov |
F&C Asset Management ord 0.1p | 1 | 25 Oct |
F&C Private Equity Trust ord | 5.22 | 1 Nov |
Fairpoint | 2.15 | 25 Oct |
Fisher (James) & Sons ord 25p | 6.46 | 1 Nov |
Fortune Oil ord 1p | 2.36 | 30 Oct |
Huntsworth ord 10p | 1 | 8 Nov |
Inmarsat ord €0.0005 | 11.55 | 25 Oct |
Intertek | 15 | 15 Oct |
Journey | 1.25 | 6 Dec |
Morrison Supermarket | 3.84 | 11 Nov |
North American Income | 5.5 | 1 Nov |
Pennant International ord 20p | 0.8 | 25 Oct |
RIT Capital Partners ord £1 | 14 | 18 Oct |
Shires Income | 3 | 31 Oct |
Smith DS | 5.5 | 1 Nov |
Somero Enterprises | $0.009 | 21 Oct |
Torchmark | $0.17 | 1 Nov |
Tricorn | 0.2 | 18 Oct |
Weir ord 2.5p | 8.8 | 1 Nov |
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.