LONDON (ShareCast) - Shareholders in Currys and PC World owner DSG International (LSE: DSGI.L - news) will be bracing themselves for
bad news when the company declares its full-year results on Thursday, after its rival, Kesa Electricals (LSE:
KESA.L -
news) , announced a near 50% cut in underlying profits on Wednesday.
DSG is expected to announced adjusted pre-tax profits of £43m on sales of £8,342m, which would represent a fall of around 80% on the preceding year. On a bright note, JP Morgan is expecting the group to report a slight improvement in UK like-for-like sales growth in May and June.
The group recently exited the Hungarian market but has kept faith with its Czech and Slovakian operations, which continue to perform well within their market, while the Polish business remains under review.
Acquisitive legacy software specialist Micro Focus (LSE: MCRO.L - news) is expected to announce earnings before interest, tax, depreciation and amortisation in the range of $115m to $117m, after a solid fourth quarter performance. Full year revenues should be up by about 20% on the preceding year, reflecting, in part, the contribution of recent acquisitions. Organic revenue growth on a constant currency basis should be in double digits, the compay said back in May.
INTERIM DIVIDEND PAYMENT DATE
Octopus Eclipse VCT (LSE: OEC1.L - news) 3, Octopus Eclipse VCT 4, Titon Holdings
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
All Industry Activity Index (JPN) (23:30)
Consumer Price Index (JPN) (23:30)
Gross Domestic Product (US) (13:30)
Personal Consumption (US) (13:30)
Industrial New Orders (EU) (08:30)
Initial Jobless Claims (US) (13:30)
Producer Prices (FRA) (07:45)
Industrial New Orders (EU) (10:00)
FINALS
DSG International, DS Smith, Goldshield Group (LSE: GSD.L - news) , James Latham, Micro Focus International Plc
TRADING STATEMENTS
Telecom Plus
EGMS
Commercial Group Properties
AGMS
Aberdeen New Thai Inv Trust, Blue Planet European Financials Inv Trust, Commercial Group Properties, Hansen Transmissions International, Inch Kenneth Kajang Rubber (2607.KL - news) , JD Sports, JPMorgan Income & Growth Inv Trust Income Shares, Lukoil 'B' GDR (Reg S), Metals Exploration (LSE: MTL.L - news) , Nautilus Minerals Inc. (DI), Octopus AIM VCT (LSE: OOA.L - news) , Petards, Peter Hambro Mining (LSE: POG.L - news) , Prodesse Investment Ltd., Scottish Mortgage Inv Trust, Tandem Group (LSE: TND.L - news) , UMC Energy (LSE: UEP.L - news) , Vernalis (LSE: VER.L - news)
FINAL DIVIDEND PAYMENT DATE
British American Inv Trust, Octopus Eclipse VCT 2, Octopus Protected VCT 1
Send Article by Email
Send Article by IM
Blog This with Y! 360
Printable View
