Investors will be looking for signs of life in the advertising market, which contributes around 30% of group revenues, in the trading statement from newspaper publisher Daily Mail and General Trust (DMGT) on Tuesday.
Comparative figures for a year ago are soft so the company should be able to report a deceleration in the rate of decline in advertising revenue.
Catering group Compass also issues a trading statement on Tuesday which shareholders hope will quell concerns about declining organic growth. In the first nine months of the year, revenue growth on a constant currency basis was 1.8%, and organic revenue growth was 0.8%.
'Looking forward to the full year, revenue growth on a constant currency basis is expected to be around 1% and organic revenue growth is expected to be broadly flat,' the group said in a statement issued back in July.
Not surprisingly, the recession has seen a cutback in catering at events and business junkets, but the education and healthcare businesses are holding up reasonably well.
Market consensus is for full year pre-tax profits of £98.14m on revenue of £503.41m for merchant banker Close Brothers, though broker Numis reckons Tuesday's results could surprise to the upside if the banking impairment rate is lower than the 2.9% forecast.
Dolphin Capital Investors, Hasgrove, Jetion Solar Holdings, Judges Scientific, Moss Bros, Oxford Catalysts, Petra Diamonds, PowerFilm (Reg S), Public Service Properties Investments, RGI International, Shed Media, Straight, Surgical Innovations, Treveria
INTERIM DIVIDEND PAYMENT DATE
British American Tobacco, Schroders
Allied Gold, Close Brothers
Ecofin Water & Power Opportunities, Entertainment One (DI), GTL Resources, Mid Wynd International Inv Trust, Minco, Niche Group (The), Proventec, Sovereign Oilfield, Surface Transforms, The Clapham House Group, The Indian Film Company
QinetiQ, the defence, security and aerospace company saw its share price rise strongly after it raised its interim dividend per share to 1.4p from 1.1p, due to its confidence that its Organic-Plus strategy will deliver value to shareholders over the medium term on the back of in-line first half results. Investec helped the shares along after retaining its 'buy' rating on the company. [21 Nov '13]
Markets closed slightly higher on Tuesday afternoon after a choppy day though upside was limited as investors focused on mixed data and the uncertain future for Federal Reserve monetary policy. [24 Sep '13]
Datafeed and UK data supplied by NETbuilder and Interactive Data.
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