What to expect from companies announcing results week commencing 4 June 2018
Companies reporting w/c 4 June
Graham Spooner, Investment Research Analyst at The Share Centre, gives his thoughts on what to expect from companies announcing results week commencing
4 June 2018.
Findel (Full year earnings release)
The market was cheered by news from Findel that it expected full-year profits to be at the top end of the £26m-26.5m range previously given. There was some caution as the company said trading since Christmas had been a bit weaker but investors will be looking to see if the turnaround at the education business has continued and what its prospects are in the new financial year.
We currently list Findel as a BUY
RPC Group (Full year earnings release)
There should be few surprises from the figures as the company said in March that it was on track to see growth in full-year sales and profits. RPC has returned to its strategy of buying companies so any comments on potential deals will be of interest, as will any update on how the integration of previous acquisitions in Europe is progressing. With plastic waste very much a high profile subject at present, the market will also be interested in whether the company has held any discussions with the government on the proposed deposit return scheme for single use glass and plastic bottles. With a long track record of dividend growth the market will also be focusing on what figure the company has settled on this time.
We currently list RPC as a BUY
All information given including prices, yields and our opinion is correct at the time of publication. Our opinions on investments can change at any time and for our latest view please go to www.share.com. To understand how our Investment research team arrive at their views please read our Investment Research Policy.