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Week Ahead: 5-9 March 2018

A summary of key company announcements expected in the coming week
March 1, 2018

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 5 March

Interim: Abcam

Finals: BATM Advanced Communications, Trinity Mirror, Ultra Electronics

Economics: New car registrations, Official reserves, Markit/CIPS UK services, composite PMI

 

Investors still hanging on to shares in Trinity Mirror (TNI) will look for more details on the group’s £127m deal to buy the Express publications when it reports results next week. The acquisition marks one of the biggest switch-ups in newspaper ownership in more than a decade. It’s not a small sum – the deal price comprises an initial cash payment of £42.7m, deferred cash payments of £59m to be paid between 2020 and 2023, and £20m-worth of new Trinity Mirror shares.

 

Tuesday 6 March

Interims: Craneware, PureCircle

Finals: Aggreko, Bodycote, Cairn Homes, Harworth Group, Headlam, Huntsworth, Ibstock, Intertek, IWG, Just Eat, LSL Property Services, Mpac, Rotork, SDL, Silence Therapeutics, Yü Group

Trading statements: Ashtead, McCarthy & Stone

AGMs: CareTech, Ediston Property, Redx Pharma

Economics: BRC like-for-like sales

Companies paying dividends: Aberforth Smaller Companies Trust (19.75p), Aberforth Smaller Companies Trust (special) (6.7p), Aberforth Split Level Income Trust (1.4p)

 

Wednesday 7 March

Interims: Allergy Therapeutics, Ceres Power, Netcall, River & Mercantile

Finals: 4imprint, Anpario, Bioquell, Equiniti, esure, FDM Holdings, Hill & Smith, Legal & General, Lookers, Microgen, Ophir Energy, Paddy Power Betfair, Page Group, Restaurant Group, Rolls-Royce Holdings, Stock Spirits, Tritax Big Box REIT, Tyman

Economics: Halifax house prices

Companies paying dividends: Elegant Hotels (1.75p), Stagecoach (3.8p), Van Elle (1.4p)

 

It will be interesting to note if there’s any significant change in accounting treatment when Rolls-Royce (RR.) releases its full-year figures on 7 March. We’ve previously noted that the introduction of IFRS 15, which imposes new standards on revenue recognition, could have a marked impact on the top line, but the iconic UK aerospace giant seems relaxed about the whole process. Shareholders will probably feel more optimistic than they did this time last year, as improvements being made to its business model could lead to stronger financial performance. Hold.

 

Thursday 8 March

Finals: Alfa Financial Software, Attraqt, Aviva, Capital & Regional, Communisis, Countrywide, Dairy Farm International, Domino’s Pizza, G4S, Impellam, Jardine Matheson, John Laing, Premier Oil, Shawbrook, Spirent Communications

AGM: Benchmark Holdings

Economics: RICS house prices

Companies paying dividends: Fenner (2.8p), Oxford Metrics (1.2p)

 

Friday 9 March

Finals: Eurocell, GVC, Inmarsat, SIG

AGM: Arden Partners

Economics: Trade data, Industrial production, Manufacturing output, Construction output, NIESR GDP estimate (February)

Companies paying dividends: BlackRock Income & Growth Investment Trust (4.1p), Daejan Holdings (35p), Gateley Holdings (2.2p), Hargreaves Lansdown (10.1p), Henderson Smaller Companies Investment Trust (6p), JPM Russian Securities (6p), Nexus Infrastructure (4.2p), Unicorn AIM VCT (3.5p), Warehouse REIT (1p), Zytronic (15.2p)

 

Companies going ex-dividend on 8 March

Company

Dividend(p)

Payment

Ashmore Ord 0.01P

4.55

4 Apr

BHP Billiton Ord $0.50

39

27 Mar

Booker Group Ord 1p

3.7

19 Mar

Caretech Holding Ord 0.5p

6.6

8 May

Electronic Data Processing Ord 5p

3

6 Apr

F&C Capital & Income Inv Tst Ord 25p

2.45

29 Mar

F&C UK Real Estate Investments

1.25

29 Mar

Gleeson (M.J.) Group Ord 2p

9

6 Apr

Joules Group

0.7

10 Apr

Ladbrokes Ord 28 1/3 p

4

23 Mar

Land Securities Group Ord 10 2/3 p

9.85

6 Apr

LPA Industries Ord 10p

1.65

29 Mar

Mid Wynd International Inv Tst Ord 25p

1.8

5 Apr

Personal Assets Trust Ord £12.5

140

19 Apr

Renishaw Ord 20p

14

9 Apr

Safestore Holdings Ord 1p

9.8

6 Apr

Scottish American Inv Co Ord 25p

2.825

12 Apr

Shire Plc Ord 5p

21.46

24 Apr

St. Modwen Properties Ord 10p

4.26

4 Apr

Temple Bar Inv Tst Ord 25p

17.48

29 Mar

Thomas Cook Group Ord €0.10

0.6

5 Apr

UIL

1.875

23 Mar

Volta Finance

0.15

29 Mar

Western Selection Ord £0.40

1.1

22 Mar

Wilmington

4

6 Apr

The ex-dividend day 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 Thursday. The record date is usually one day after the ex-date. The payment day is the day on which the funds are transferred to shareholders.

 

IC ONLINE

The data in the table above is a small selection of what’s available on our website. Just go to www.investorschronicle.co.uk/shares and click on the dividend calendar box. You can download a full table of ex-dividend dates as an Excel spreadsheet. The dividend calendar is updated every Friday.