magazine archive
magazine archive
Week Ahead
When will Kraken awake for EnQuest?
Thursday 16 Mar 2017Tuesday 21 March The Kraken development project is likely to be in focus when North Sea oil producer EnQuest ( ENQ ) reports its full year results on 21 March. Previous production guidance of 45,000 to 51,000 barrels of oil equivalent per day in 2017 is dependent on first oil from the field being...
Can Kier continue to deliver growth?
Thursday 16 Mar 2017Thursday 23 March Half year results on 23 March from builder and civil engineering business Kier Group ( KIE ) are likely to be scanned for an update on conditions in the UK construction market. A January trading update ahead of these numbers highlighted ‘good underlying organic growth’ with a £9bn...
No respite for Next
Thursday 16 Mar 2017Thursday 23 March Expectations are subdued ahead of hard-pressed clothing retailer Next’s ( NXT ) full year results (23 Mar). Commentary on the recent performance of the retail and directory businesses, as well as the outlook for costs, will be closely scrutinised by analysts. Next kicked off the...
All about the cash flow at Balfour Beatty
Thursday 09 Mar 2017Thursday 16 March Look for an update on cash flow performance when construction firm Balfour Beatty ( BBY ) reports its full year numbers on 16 March. Chief executive Leo Quinn, hired in 2015 to turn things round at the struggling business, has focused on cash generation. It is also worth keeping...
Will Prudential have the answers to investor questions?
Thursday 09 Mar 2017Tuesday 14 March The market’s attention is likely to be on the Prudential’s ( PRU ) dividend when it reports full year results on 14 March. Guidance in 2016 suggested the company would deliver 5% annual growth in the payout alongside additional distributions where appropriate. There may also be a...
How fast can The Gym Group grow?
Thursday 09 Mar 2017Tuesday 14 March Low-cost gym operator The Gym Group (GYM ) reports its full year results on 14 March. Investors are likely to focus on guidance for the number of new sites planned for 2017 after 2016’s 15 openings fell slightly short of expectations. There may also be further detail on how a plan...
WANdisco’s costs in the spotlight
Thursday 02 Mar 2017Wednesday 8 March Cash burn at WANdisco ( WAND:AIM ) will come under investor scrutiny when full year results are announced on 8 March. The data replication technology designer lifted shareholder spirits in January when it reported $0.2m of cash consumed by the business in the fourth quarter of...
Will Restaurant Group recovery gain traction?
Thursday 02 Mar 2017Wednesday 8 March Frankie & Benny’s owner Restaurant Group ( RTN ) announces full year results on 8 March. The focus will be on the company’s recovery plan after a series of profit warnings in 2016. Investors can expect updates on the company’s turnaround efforts, the strategic reviews of its...
Supermarket primed for profit uplift
Thursday 02 Mar 2017Thursday 9 March Bradford-based grocer WM Morrison Supermarkets’ ( MRW ) full year results on 9 March will be watched closely for the outlook statement. Forecasts were upgraded following a fabulous festive trading update (10 Jan), which revealed 2.9% like-for-like sales growth over the nine weeks...
Laird
Thursday 23 Feb 2017Investors largely know what to expect in terms of the Laird ( LRD ) figures thanks to a comprehensive trading update in January, with revenue growth all down to currency tailwinds and acquisitions. Expect underlying pre-tax profit of about £50m. Net debt to EBITDA (earnings before interest, tax,...