Monday 27 June 2011

The week ahead - June 20, 2011: economy, results, meetings and updates

Aggrekotemporary power provider, will take stock of the trade. In April, the company - whose generators to meet gaps in the electricity and major events like the Olympic Games of power - said revenues in the three months at the end of March had grown 9pc.

Results of the year: F. c. & overall more small businesses

Interim results: No announcement

Trading Update: Aggreko

Economics: Finance Ministers of the euro area discuss Greek second rescue the day they have set the deadline for an agreement, Director General John Lipsky acting IMF announces the IMF's view on the economy of the euro, the monthly price index House Rightmove.

Maycrude CML mortgage data

Meetings: Group of surgical Innovations (AGM)

TUESDAY

Whitbread, the owner of Costa coffee and Premier Inn hotels is due to hold its annual general meeting and report on the trade in the three months since the new fiscal year began in March.

Shares in the company of recreation has been a success in April when the Whitbread said sales growth had slowed down this year due to the reduction of consumer spending for his comments on current trade will be highly regarded.

However Whitbread said that it is in a good position as a person to save money, because of the value offered by its budget hotels.

The FTSE 100 a company also unveiled plans to double the number of cafés Costa to 3 500 and increase the number of rooms in the hostel of Prime Minister by 50pc 65 000 over the next five years.

Results of the year: Creston, first group properties, Halma

Interim results: Domino printing Sciences

Trading Update: Whitbread

Economics: Public finance UK, additional data of the Office for Budget responsibility, monthly CBI industrial trends

Meetings: Borders and Southern Petroleum (AGM), Whitbread (AGM)

WEDNESDAY

Kesa, Comet electricals chain owner, will announce the results for the year to 30 April. Analysts expect the string, which passes through a restructuring, to report adjusted earnings before taxes of 91 million euros (£ 79 8 m).

Analysts are expecting an overall positive results of the manufacturer of the chip Imagination Technologies, in accordance with the previous forecast it will comfortably exceed its target throughout the year for the transport of chips of 200 m. Morgan Stanley analysts said income from licence to people as Apple were likely to be "surprising upside down", but added that the price of the shares of Imagination was so high that he would recommend not a purchase based purely on these results.

Results of the year: Imagination Technologies, Kesa Electricals, Sepura

Interim results: No announcement

Trading Update: No announcement

Economics: Minutes of the June meeting of Bank of England monetary policy of the Committee, report of agents of the Bank on the conditions of the company in June, US Federal Reserve's monthly interest rates announced

Meetings: Anglo Oriental Plantations (AGM), Braemar shipping Services (AGM), Eastern European Trust (AGM), catalysts of the Oxford Group (AGM), Providence resources (AGM), Taihua (AGA)

THURSDAY

Dixons, the world of PC-owner, is expected to say that underlying profit before tax in the year to April 30 was about 85 m £. This compares to £ 90. 5 million last year. Observers will be eager to hear what John Browett, Chief Executive, said on the prospects for the economy of consumption.

The retailer has already said that sales of type-like across the group in the year were by 2pc on the year and by set down in the second half. However he also said that its businesses were performing before of their respective markets, including United Kingdom, Italy, Greece and the Nordic countries.

Speaking last month, Mr. Browett said that market conditions "were difficult in many of our markets" throughout the year. He said: "with the difficult economic turmoil continues to a large number of our clients, we remain cautious on the Outlook for the coming year.

Electricals retailer recently had a particularly delicate time. Earlier this month, Argos, owned by Home Retail Group, said that sales of television sets and audio equipment dropped up to 25pc in April and may.

Results of the year: DART group, Dixons retail, the Falkland Island Holdings, Micro Focus International, Norcros, DS Smith

Interim results: Chemring, Safestore Holdings

Trading Update: Green light

Economics: Departures of two day summit of the leaders of the EU in Brussels, data banks BBA high street on loans in may, the monthly CBI trade, eurozone PMI flash survey

Meetings: JD Sports Fashion (AGM), publishing technology (AGM), Soco International (AGM), Stobart (AGA)

FRIDAY

Group of Berkeley, the housebuilder which specializes in London regeneration projects, will post annual results this week.

Chaired by Tony Pidgley, the company is expected to reverse the trend of a fragile housing market showing an increase in revenues of £ 700 m 615 million £ and the growth of 110 m pre-tax profits of £ 130 m £ for the year to 30 April.

Society benefits from the expansion of first London housing and demand of foreign investors. Analysts will be eager to hear the opinion of Mr. Pidgley and Director General Rob Perrins whether if this growth on the market can continue when the rest of the United Kingdom market of real estate is tainted by uncertainty.

Interim results: No announcement

Trading Update: No announcement

Economics: Report of the financial stability of the Bank of England

Meetings: Empyrean energy (AGM)


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