Monday 21 July

Babcock International – interim management statement

Investors will be hoping for a confident trading update from Babcock International, with further news on the integration of its latest acquisition Avincis and an update on international expansion. In recent reports Babcock pointed to increasing defence budgets, so news about contract wins and any deals in the pipeline will be of interest.

Tuesday 22 July

ARM Holdings – second quarter results

As consumer demand for higher end phones has slowed, the smartphone segment has come under pressure, which is having an impact on the margins of processer designers like ARM. However, the company remains a market leader and its first quarter trading statement was positive. Investors will be hoping for more of the same along with any updates on licence awards and guidance for the full year. 

Croda International – second quarter results

Royal Mail – interim management statement

Commentary on cost cutting measures and the Royal Mail’s request for help from the regulator will be welcomed by investors in this group, which has faced pressure on margins and stiff competition. There may also be comment on the antitrust investigation in France.

Wednesday 23 July

Capita – second quarter results

BHP Billiton – fourth quarter results

GlaxoSmithKline – second quarter results

This is Glaxo’s first update since M&A activity peaked during the second quarter, so any commentary on the transactions will be welcome. Updates on the progress of research and development assets will be of interest, as will any comment on bribery allegations out of China.

Sage – third quarter results

The Carphone Warehouse Group – first quarter results

Thursday 24 July

Capita Group – half year results

easyJet – third quarter management statement

Hammerson – interim management statement

A recovering economy means Hammerson has momentum on its side as demand for outlets increase and consumer trends improve. The company has had a tough time in France lately, which could account for any weakness in numbers, but investors should note that footfall in the region has been seeing a sight increase lately.

Howden Joinery Group – second quarter results

Kingfisher – second quarter results

Kingfisher’s first quarter results were disappointing, so investors will be looking for acceleration in the company’s growth. With house sales slowing in the UK that could be out of reach, though acceleration in China’s economic growth could be good for Kingfisher’s numbers.

Reed Elsevier – second quarter results

SABMiller – first quarter trading statement

Tate & Lyle – annual general meeting and interimmanagement statement

Unilever – second quarter results

Friday 25 July

Alliance Trust – second quarter results

Anglo American – second quarter results

Investors will be hoping that iron ore production numbers continue forward from the first quarter, and should acknowledge that the prodution of copper could be helped by some expansion. Industrial disputes in South Africa have been ongoing and any comments will be welcome.

British Sky Broadcasting – fourth quarter results

Pearson – second quarter results

United Utilities – interim management statement

Investors should anticipate United Utilities’ trading to be in line with expectations. There may be an update on the company’s dealings with regulators and the proposals submitted to them in June.

Vodafone – interim management statement

Source: Headline Money and the Share Centre