You are here: Home - Investing -

Results round-up: Companies to watch this week

0
Written by:
12/05/2014
Holiday companies TUI Travel and Easyjet are among the blue chips set to update the markets this week.

Tuesday 13 May

Airbus – first quarter results

Analysts expect a soft start to the year as the manufacturer delivers fewer aircraft and development costs creep up. Focus will be on the A350 programme and the potential for further provisions.

EasyJet – half year results

The low cost airline expects a first half pre-tax loss of between £55m and £65m compared with guidance in January of £70m to £90m and losses of £61m a year ago. Analysts expect losses to be at the lower end of this range. Factors for investors to look out for are the outlook for ticket pricing and yields, both of which will drive second-half profit. The current share price suggests that analysts expect further positive news and profit upgrades.

TUI Travel – half year results

Management previously stated it is confident of achieving full year performance in line with its target of increasing underlying profit by 7-10 per cent. Analysts expect, however, that the operating loss for the first half will be slightly higher than last year which reflects the timing of Easter.

Investors may focus on forward booking trends for the peak summer season. Share price levels suggest no bad news for the market regarding annual family holiday bookings.

Wednesday 14 May

Compass Group – half year results

Management has already stated that organic revenue growth for the first half is expected to be just over 4 per cent.

This revenue growth has been driven by continued high levels of new business, stable retention rates and also includes a benefit from the timing of Easter.

Analysts will be assessing the margin and growth in Compass Group’s Fast Growing and Emerging region to see if the slowdown in the Australian mining sector has developed as expected. They will also be looking for strong growth in North American and signs of stabilisation in Europe & Japan.

ITV – first quarter trading update

Investors will be expecting more good news from ITV’s production and studio business and an update on recent acquisitions will be worth noting. The group’s outlook for advertising rates will be closely followed, with the potentially lucrative World Cup fast approaching. Other areas of interest to investors will be the expansion of pay TV.

The share price level suggests that investors expect conditions in the UK TV advertising market to remain relatively benign over the medium term.

Thursday 15 May

Aviva – first quarter interim management statement

Investors will be focusing on the strength of new business in the first three months of the year following sweeping pension reforms in the Budget, removing the need to buy an annuity.

The group last updated the market in March with full-year earnings that were up by 6 per cent, exceeding market expectations, primarily due to better than expected results from the group’s life insurance and fund management businesses.

The share price suggests investors are gaining confidence in management’s ability to successfully restructure the group.

Sources: The Share Centre, Brewin Dolphin and Charles Stanley

Tag Box

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Seven ways to get help with energy bills this winter

We knew today’s announcement was going to be painful, but it’s still a shock to the system. When this kick...

Flight cancelled or delayed? Your rights explained

With no sign of the problems in UK aviation easing over the peak summer period, many will worry whether holida...

Rail strikes: Your travel and refund rights

Thousands of railway workers will strike across three days this week, grinding much of the transport system to...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

DIY investors: 10 common mistakes to avoid

For those without the help and experience of an adviser, here are 10 common DIY investor mistakes to avoid.

Mortgage down-valuations: Tips to avoid pulling out of a house sale

Down-valuations are on the rise. So, what does it mean for home buyers, and what can you do?

Five tips for surviving a bear market mauling

The S&P 500 has slipped into bear market territory and for UK investors, the FTSE 250 is also on the edge. Her...

Money Tips of the Week