Experienced Investor
Results round-up: Companies to watch this week
Two troubled firms will update the markets this week.
Tuesday 16 December
Imagination Technologies Group – half year results
This company is finally showing some signs of stability after a raft of profit warnings. Margins have reduced as consumers accept lower-end smart phones, putting the company under pressure, but Apple’s new iPhones are selling well and could provide Imagination Technologies a needed boost. Investors will want to see how many new licences have been signed and how the Pure division is doing.
Friday 19 December
Serco – trading update
Click here to view our Sponsored Content Hub
With four profit warnings in the last 12 months investors will be hoping for some good news. Serco’s new CEO needs to restore confidence in the group; its investors will want to hear about his strategy review and long-term rescue plan. US operations and the company’s overall financial situation will also be of interest.
Source: The Share Centre