UK unemployment figures set to be in the spotlight – London Report
Following the US jobs report on Friday, UK investors will focus on Wednesday’s release of the September employment report and October’s tally for the claimant count. They will be published alongside a raft of secondtier indicators on retail sales and house prices.
Today, funeral operator Dignity is expected to reveal a jump in revenues when it publishes its thirdquarter results.
However, after the unexpected jump in deaths in the first quarter of the year, growth rates are expected to be lower than those recorded in the first-half of the year, when they were up 31 per cent to £59.7m.
Also reporting today: John Laing Infrastructure Fund, Lonmin, Carrs Group, Aggreko, Hiscox and Redrow.
Vodafone publishes half-year results tomorrow and is expected to report revenues in the region of £20.1bn and an adjusted net income of £465m.
ITV, UBM, Capital & Counties Properties, Prudential, Optimal Payments,National Grid, Land Securities, Experian, Penna Consulting, Wolseley, Oxford Instruments and Premier Foods are among those reporting tomorrow.
Embattled TalkTalk is expected to show just how painful a recent cyber attack has been on Wednesday. City analysts think half-year earnings will be down around 16 per cent to between £90m and £95m.
Sainsbury, Great Portland Estates, SSE, Workspace Group, Sophos Group, First Derivatives, Flybe Group, Barratt Developments, esure Group, Kier Group, Tullow Oil and G4S also report on Wednesday.
On Thursday, Infinis, Burberry Group, JSC TBC Bank, Halfords Group, SABMiller, FirstGroup, Norcros, Atkins, Volex, Premier Oil, IMI, Derwent London, Safestore Holdings, Rolls-Royce Group, Irish Continental Group, Restaurant Group, Howden Joinery and Tungsten Corporation.
To round off the week, AutoTrader Group, Romgaz, New Europe Property Investments, Enteq Upstream, Castings, Rotork and HellermannTyton Group report. Industrial valve-maker Rotork has warned on profits after some of its orders were delayed until the new year, and others were cancelled in August.
In September, it cut its adjusted operating profit to between £120m and £130m for the full-year as the oil price slump in recent months took its toll on the group.