Friday preview: Travis Perkins, Computacenter
On Friday, builders' merchant Travis Perkins issues an interim management statement, and Panmure Gordon is expecting the group to have made further progress, despite tough market conditions.
On Friday, builders' merchant Travis Perkins issues an interim management statement, and Panmure Gordon is expecting the group to have made further progress, despite tough market conditions.
The broker thinks the key issues will be: Spending outlook - public versus private and housing vs commercial; Weather, Jubilee/Olympics disruption; Competitive environment post corporate activity in sector.
The same broker has cast its eye over the third quarter (Q3) update from Computacenter, noting that the interim results released at the end of August did not include the critical September month.
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"Key Q3 messages from Computacenter should be that it is working through its problems in Germany, but is likely to say that there is still work to do to fix it - and wrap that message in a statement about trading being in line," Panmure Gordon's George O'Connor suggested.
INTERIM DIVIDEND PAYMENT DATE
Admiral Group, Chime Communications, Clarke (T.), Drax Group, H&T Group, IMI, Restaurant Group, Stadium Group, Tikit Group
QUARTERLY PAYMENT DATE
Land Securities Group, Schlumberger Ltd., Yamana Gold Inc.
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Industrial Production (EU) (10:00)
Producer Price Index (US) (13:30)
U. of Michigan Confidence (US) (15:00)
ANNUAL REPORT
Smiths Group
IMSS
Computacenter, Hargreaves Lansdown, Travis Perkins
SPECIAL DIVIDEND PAYMENT DATE
Admiral Group
EGMS
Aqua Resources Fund Ltd, Zhejiang Expressway Co 'H' Shares
AGMS
Bailey (C.H.), Crystal Amber Fund Ltd.
FINAL DIVIDEND PAYMENT DATE
Catalyst Media Group, Henderson Smaller Companies Inv Trust, Mid Wynd International Inv Trust, Stewart & Wight, Sweett Group
JH
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