After the deluge in recent weeks the results flow starts to ease a little on Thursday
Thursday’s announcements will be about Next PLC (LSE:NXT)’s full-year preliminary results and more importantly the immediate future with the clothing retailer having upped its full-year forecasts at the start of 2022.
Profit before tax guidance was raised by £22mln to £822mln for the year to end January, but since then the squeeze on household income has tightened and how confident Next is of passing on higher materials cost is something to note.
Clothing and footwear were among the notable contributors to February’s 6.2% jump in inflation.
Private equity firm Bridgepoint Group PLC (LSE:BPT) reports its first annual results since its initial public offer last July.
The shares have slumped 40% this year and are now below the IPO price suggesting as always private equity knows when to sell.
Brokers expect assets under management to rise 15% to £18.5bn and adjusted pre-tax profit to climb 41% to £79.3mln.
Thursday 24 March: Major announcements due
Interim results: CVS Group PLC (AIM:CVSG)
Final results: Next PLC (LSE:NXT), Arbuthnot Banking Group (AIM:ARBB), Atalaya Mining (AIM:ATYM, TSX:AYM), Bonhill Group PLC (LSE:BONH), Bridgepoint Group PLC (LSE:BPT), Eve Sleep PLC, Robinson PLC (AIM:RBN), Secure Trust Bank PLC (LSE:STB), Sopheon (AIM:SPE), Starwood European Real Estate Fin Ltd, Venture Life Group (AIM:VLG), WAG Payment Solutions PLC (LSE:WPS)
AGMs: BlackRock Throgmorton Trust PLC, Gunsynd PLC (LSE:GUN), Independent Investment Trust PLC, LPA Group (AIM:LPA) PLC, N4 Pharma PLC (AIM:N4P), React Group PLC (LSE:REAT), Rights & Issues Investment Trust PLC
Economic announcements: Initial Jobless Claims (US), Continuing Claims (US), Current Account (US), Durable Goods Orders (US)