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Tuesday preview: Go-Ahead, Whitbread, Imagination Technologies

Mon, 13th Dec 2010 16:39

Go-Ahead said in October that expectations for the full-year are unchanged as rail and bus operations continue performing well.However, that was before the recent snow disruption, which has seen passengers on Southeastern, the Go-Ahead-owned company that operates between London and Kent, stuck on trains for several hours. The problems might not hit trading significantly but could put a dampener on any optimism over the company's financial performance.Go-Ahead also said in October that the Comprehensive Spending Review is unlikely to affect the company in the current year and that any impact further ahead should be manageable, so perhaps it will have something to say about its plans to withstand the spending squeeze.Hotel and coffee shop operator Whitbread is expected to report steady trading at both Premier Inn and Costa Coffee. A report in the Times says that new chief executive Andy Harrison is expected to scotch speculation that the company might spin off Costa Coffee. Back in the FTSE 250, chipmaker Imagination Technologies releases interim results. Last month Imagination reported trading in line with expectations overall, though revenues in the digital audio broadcasting (DAB) division, PURE, are now expected to be lower in the second half of the financial year than in the first. This theme will be apparent in the interim results, with strong chip royalty revenues helping tide the company over.Imagination has also been building up its war chest o fund an acquisition spree, starting with HelloSoft, a US voice over internet protocol (VOIP) operator. Some believe another acquisition could be unveiled tomorrow. Tuesday will see the US Federal Open Market Committee (FOMC) hold its final meeting of the year in which it will review its performance in 2010. There may be a defensive tone to the statement given the lukewarm reception given to the committee's decision to launch another round of quantitative easing (QE) last month.QE2, as it was quickly dubbed, has not lowered long term interest rates and neither has it brought the dollar down a peg or two; both outcomes might well have been what the FOMC was hoping for when it launched the initiative.Tuesday December 14INTERIMSCarpetright, European Nickel, Imagination Technologies Group, Private & Commercial Finance Group, Scott WilsonINTERIM DIVIDEND PAYMENT DATEBraemar Shipping Services, Man Group, PersimmonQUARTERLY PAYMENT DATEUnileverINTERNATIONAL ECONOMIC ANNOUNCEMENTSIndustrial Production (JPN)Capacity Utilisation (JPN)Tertiary Industry Index (JPN)Tankan Large Manufacturers Index (JPN)Consumer Prices Index (FRA) (06:30)ZEW Survey (EU) (10:00)ZEW Survey (GER) (10:00)Industrial Production (EU) (10:00)NFIB Small Business Optimism (12:30)Business Inventories (US) (13:30)Producer Price Index (US) (13:30)Retail Sales (US) (13:30)Manufacturing Inventories (US) (15:00)Retail Sales Inventories (US) (15:15)FOMC Interest Rate (US) (17:15)ABC Consumer Confidence (US) (22:00)GMSBaronsmead AIM VCT, iPoint-MediaFINALS2 ergo Group, Domino Printing Sciences, Infrastrata, Interbulk Group, Renovo Group, RWS HoldingsIMSSTravis PerkinsAGMSAfrican Medical Investments, Agriterra Ltd., Artilium, Discover Leisure, JPMorgan Chinese Inv Trust, Keystone Inv Trust, RSM Tenon Group, Sable Mining Africa Ltd. (DI), Tottenham Hotspur, Value Catalyst Fund Ltd. (The) (DI), Weatherly InternationalTRADING ANNOUNCEMENTSDomino Printing Sciences, Drax Group, Go-AheadUK ECONOMIC ANNOUNCEMENTSRICS House Price Balance (00:01)Consumer Price Index (09:30)Retail Price Index (09:30)DCLG House Prices (09:30)FINAL DIVIDEND PAYMENT DATEMorant Wright Japan Income Trust Ltd., World Careers Network
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LONDON BRIEFING: Deliveroo loss widens but pedalling toward breakeven

(Alliance News) - Food delivery firm Deliveroo on Thursday said 2021 was a year of strong growth and strategic progress, which it believes will lead to long-term profitability.

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9 Mar 2022 11:41

IN BRIEF: Go-Ahead hires Royal Mail UK interim CFO as finance chief

Go-Ahead Group PLC - Newcastle, England-based public transport operator - Hires Sarah Mussenden to be chief financial officer, starting May 9. Mussenden currently is interim CFO at Royal Mail UK, part of Royal Mail PLC. Previous roles were at British Gas, part of Centrica PLC, and British Airways, part of International Consolidated Airlines Group SA. She currently is a non-executive director of asset manager Premier Miton Group PLC. At Go-Ahead, Mussenden will replace Interim CFO Gordon Boyd.

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24 Feb 2022 16:35

Go-Ahead expects to pay GBP30 million penalty amid "challenging" year

(Alliance News) - Go-Ahead Group PLC said on Thursday that it had narrowed its pretax loss but noted issues with the UK Department for Transport regarding its London & South Eastern Railway operations.

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24 Feb 2022 10:11

Go-Ahead records 'strong' performance in long-delayed results

(Sharecast News) - Go-Ahead Group reported a "strong" financial performance in its bus and Govia Thameslink Railway (GTR) operations in its much-delayed full-year results on Thursday, offset by challenges in its international rail division and its former Southeastern rail franchise.

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24 Feb 2022 08:15

LONDON BRIEFING: Warren East to depart as CEO of improving Rolls-Royce

(Alliance News) - Rolls-Royce on Thursday said Chief Executive Officer Warren East has decided to step down at the end of 2022, after nine years on the board and almost eight years as CEO.

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23 Feb 2022 09:51

IN BRIEF: Go-Ahead to release delayed annual results on Thursday

Go-Ahead Group PLC - Newcastle-based bus and train operator - Plans on Thursday to release its delayed results for the financial year that ended July 3 last year. At that point, Go-Ahead will ask for the suspension of trading of its shares and corporate bonds to be lifted. The suspension was imposed because the company missed the deadline for filing its accounts. The delay was to allow auditors Deloitte to consider the implications of a review of the London & South Eastern Railway franchise, operated by Go-Ahead. The UK government found that "serious errors" were made by LSER in its dealings with the Department for Transport over several years. Go-Ahead apologised for "failing to notify the DfT of certain overpayments or monies due to the DfT", but the government is considering enforcement action, including a financial penalty.

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31 Jan 2022 15:28

Moody's withdraws British rail firm Go-Ahead's rating

LONDON, Jan 31 (Reuters) - Moody's has withdrawn its credit rating of UK rail and transport firm Go-Ahead after the company delayed the publication of its financial results for a fourth time, the ratings agency said on Monday. "Moody's has decide...

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24 Jan 2022 10:02

IN BRIEF: Go-Ahead expects annual results release end February

IN BRIEF: Go-Ahead expects annual results release end February

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24 Jan 2022 09:00

Go-Ahead results delayed again as auditors ask for more time

(Sharecast News) - Crisis-hit transport group Go-Ahead on Monday delayed publication of its financial results for a third time as investigations continue into its rail franchise scandal.

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19 Jan 2022 15:18

EXECUTIVE CHANGES: Mode Global and Omega Diagnostics lose CEOs

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4 Jan 2022 14:02

Go-Ahead shares suspended due to late-running results

(Sharecast News) - Go-Ahead Group made a request for its shares and bond to be temporarily suspended from trading on Tuesday, pending its results for the year ended 3 July.

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4 Jan 2022 10:34

IN BRIEF: Go-Ahead suspends listing on annual results delay

IN BRIEF: Go-Ahead suspends listing on annual results delay

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21 Dec 2021 21:40

TRADING UPDATES: Charles Stanley sale greenlit; ASA portfolio grows

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20 Dec 2021 16:21

EXECUTIVE CHANGES: New senior independent directors for Go-Ahead, Wizz

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15 Dec 2021 16:03

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

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