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Week ahead - EG Solutions, DP Poland and others to report

A clutch of notable small caps are set to report this week....
Workforce optimisation and software will be the themes when EG Solutions reports...

In these economic times a concept like 'workforce optimisation' is one likely to resonate with many employers.

EG Solutions (LON:EGS), with a market cap of £12mln, specialises in this field and is among firms posting full year numbers next week, and traders will be keen to see how the statement rubs up against its trading update in January.

Then, it said the business was expected to be at break-even –  in line with market forecasts - although that would be achieved on slightly lower turnover as a number of deals won’t close by the end of January.

The firm returned to profit in the second half and investors will be keen to see what the sales outlook is like now. Second-half revenues are likely to be £4mln, representing a year on year rise of 13%. For the full-year the total is expected to be £7.6mln, which, adjusting for one-off sales in the comparable period 12 months ago, represents a 16% advance.

Earlier this month, one of its shareholders and key partners in the US, Aspect Software, filed for bankruptcy protection and EG said its initial assessment is that it will have no impact on its earnings outlook, but added it will assess the impact on its relationship as the Chapter 11 process develops. There may be a further update to this on March 23.

Also in the mix this week are full year results from Poland focused pizza franchise DP Poland (LON:DPP).

"Like-for-like sales continued to deliver double digit growth and total stores were EBITDA positive every month in 2015, a notable milestone for Domino's Pizza in Poland," it said in an update last month, adding 2016 had started strongly. Traders  will also be keen to hear more on further store openings and on tipping points for profitability.

Also posting finals is software group Brady (LON:BRY), which provides programmes for traders in the recycling and commodity markets, and said in January that trading was in line with City forecasts after a turbulent period for the group.

The firm received a fillip at the tail end of the year as it landed four diverse new contracts post December 17 - in cotton, metals, and renewable energy. It came after a number of reported delays to key contracts, previously.

But in December, the firm said tough market conditions in the sector would hit profits for the full year after several of its clients issued profit warnings - so investors will be interested to see how all of this lands in Monday's statement.

In big cap news, plumbing merchant Wolseley (LON:WOS) has interims on Tuesday, while Thomas Cook (LON:TCG) updates the market on Tuesday...

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