Wednesday preview: FTSE 100 big hitters swing results

A parade of FTSE 100 companies will be under the spotlight Wednesday as Unilever, BHP Billiton, Land Securities Group and Sage Group release their latest results.

A parade of FTSE 100 companies will be under the spotlight Wednesday as Unilever, BHP Billiton, Land Securities Group and Sage Group release their latest results.

Consumer goods giant Unilever will release its fiscal year statement. Consensus expectations are for fiscal year 2012 revenue of €51,298m, 10% higher than the €46,467m achieved in 2011. Fiscal year 2012 operating profits were forecast to reach €7,045m, 12% higher than the €6,289m achieved in the previous year.

Mining heavyweight BHP Billiton will produce trading results for the second quarter. Investment analysts at Macquarie on Tuesday reiterated a 'neutral' rating on the company's stocks with a target price of $34.44.

BHP has come under fire in the past week as the it halted work on its IndoMet coal project in Indonesia after a contract worker died from his injuries at the construction area. In another hit to the company's image, joint venture partner C. Fipke Holdings is suing BHP over its plan to sell its stake in the Ekati diamond mine to Harry Winston Diamond Corp.

Not to be missed either, Land Securities unearths its interim management statement following last week's consensus forecast from analysts advising investors to hold their position in the company. In a report released by Deutsche Bank on Tuesday, the group's 'buy' rating was reaffirmed with a target price of $15.36 on the stock.

Last, but not least, Sage Group, a supplier of business management software and services, unleashes a trading update. Analysts at Northland UK Research said recent newsflow was dominated by the ongoing share repurchase programme that is gradually improving earnings per share and dividends per share, returning £300m to shareholders in 2012.

"Trading remains pretty anaemic with continued weakness in the Spanish and French markets and the shift to subscription revenue resulting in organic group (full-year 2012) revenue growth of 2.0%," it said.

Wednesday January 23

INTERIM DIVIDEND PAYMENT DATE

Home Retail Group, Latham (James)

INTERIM EX-DIVIDEND DATE

Anite, Fletcher King, IG Group Holdings, NCC Group, SSE

QUARTERLY PAYMENT DATE

Assura Group Ltd.

QUARTERLY EX-DIVIDEND DATE

City of London Inv Trust

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Consumer Confidence Indicator (EU) (10:00)

IMF World Economic Outlook

US House of Representatives votes on debt ceiling increase

Q2

BHP Billiton

Q4

Unilever

FINALS

Unilever

IMSS

Britvic, Findel, Land Securities Group, Sage Group

EGMS

Global Ports Investments GDR (REG S)

AGMS

Britvic, Enegi Oil, Hargreave Hale AIM VCT 1, Independent Resources, MoneySwap, Polar Capital Global Healthcare Growth & Income Trust, Redefine International, Topps Tiles, WH Smith

TRADING ANNOUNCEMENTS

Close Brothers Group, WH Smith

UK ECONOMIC ANNOUNCEMENTS

Claimant Count Rate (09:30)

Unemployment Rate (09:30)

MPC Minutes (09:30)

FINAL DIVIDEND PAYMENT DATE

Diploma, Majedie Investments

FINAL EX-DIVIDEND DATE

Avation, Compass Group, Gooch & Housego, Impax Asset Management Group, RWS Holdings, Shaftesbury, Titon Holdings

Recommended

The MoneyWeek Podcast: picking stocks is fun, but you need to do your homework
Investment strategy

The MoneyWeek Podcast: picking stocks is fun, but you need to do your homework

John Stepek talks to Steve Clapham, investor, analyst and author of The Smart Money Method, about the dangers in picking individual stocks and why you…
8 Apr 2021
BP looks set to return more money to shareholders as it beats expectations
Energy stocks

BP looks set to return more money to shareholders as it beats expectations

Oil major BP is to embark on a share buyback programme after significantly reducing its debts. Saloni Sardana looks at what it means for your portfoli…
6 Apr 2021
Deliveroo has hit the market – but it’s not getting the warmest welcome
UK stockmarkets

Deliveroo has hit the market – but it’s not getting the warmest welcome

Food delivery company Deliveroo made its debut on the stockmarket this morning. But with the share price sliding by 30% straight away, it’s not made t…
31 Mar 2021
Three stocks to buy now that will come back stronger after Covid-19
Share tips

Three stocks to buy now that will come back stronger after Covid-19

Professional investor Ed Wielechowski of Odyssean Capital, chooses three compelling stocks that should thrive in a post-pandemic world.
29 Mar 2021

Most Popular

The bitcoin bubble will burst: here’s how to play it
Bitcoin

The bitcoin bubble will burst: here’s how to play it

The cryptocurrency’s price has soared far beyond its fundamentals, says Matthew Partridge. Here, he looks at how to short bitcoin.
12 Apr 2021
Four investment trusts for income investors to buy now
Investment trusts

Four investment trusts for income investors to buy now

Some high-yielding listed lending funds have come through the crisis with flying colours. David Stevenson picks four of the best.
12 Apr 2021
Central banks are rushing to build digital currencies. What are they, and what do they mean for you?
Bitcoin

Central banks are rushing to build digital currencies. What are they, and what do they mean for you?

As bitcoin continues to soar in value, many of the world’s central banks are looking to emulate it by issuing their own digital currencies. But centra…
8 Apr 2021