FTSE 100 companies Aberdeen Asset Management and Associated British Foods will be the talk of the town Thursday as they release interim management statements.
Shares in investment management group Aberdeen were down one per cent the day ahead of its results.
The company's last results revealed an 11% increase in revenues for the year to September 30th.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
They made £869.2m for the year, following growth in assets under management and strong interest in the group's funds.
Underlying profit before tax increased by 15% to £347.8m compared to 2011.
Investors will also be hungry for news from Associated British Foods. Nomura on Monday downgraded the group to 'neutral' from 'overweight' as it was the top faller on the FTSE 100.
However, shares recovered Wednesday, rising 1.57% to 1,556.00p.
The international food, ingredients and retail group delivered a strong set of results last year with group revenues up 11% to £12.3bn. Adjusted profit before tax climbed 17% to £974m, while net debt stood at £1,061m.
At the time the group said it expected growth to continue in 2013.
Thursday January 17
INTERIMS
NCC Group
INTERIM DIVIDEND PAYMENT DATE
Hyder Consulting, red24, Sweett Group
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Budget Statement (US) (19:00)
Consumer Price Index (EU) (10:00)
ECB Report (EU) (09:00)
Harmonised Index of Consumer Prices (EU) (10:00)
Housing Starts (US) (13:30)
Philadelphia Fed Index (US) (15:00)
Wholesale Price Index (GER) (07:00)
GMS
Darty
IMSS
Aberdeen Asset Management, Associated British Foods, Home Retail Group
AGMS
Aberdeen Asset Management
TRADING ANNOUNCEMENTS
Computacenter, Dixons Retail
FINAL DIVIDEND PAYMENT DATE
Sportingbet
-
Cash in on the growth prospects of Europe's companiesOpinion Marcel Stötzel, co-portfolio manager of the Fidelity European Trust, selects three stocks
-
Is the AI boom another dotcom bubble?25 years on from the dotcom bubble bursting, is it time for investors to consider the sustainability of the AI boom in the stock market?
