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
FTSE 250-listed specialist financial services group Close Brothers Group has unveiled strong results for the third quarter relating to the period from February 1st to April 30th, underpinned by growth in the loan book and assets under management. [4 Hours Ago]
Most companies do not get penalised for telling markets that one of their new revenues streams is on track to double, at least in volume terms. Yet that is, to a certain extent, what happened yesterday with Imagination Technologies. Then again, most companies“ shares do not trade at 34 times“ forward earnings, The Times“s Tempus chips in. [13 Mar '13]
Adjusted operating profit increased 26 per cent to 79.8m pounds in the six months to January 31st 2013 at specialist financial services group Close Brothers underpinned by strong performance within the Banking division. [12 Mar '13]
Datafeed and UK data supplied by NETbuilder and Interactive Data.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk!
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.