Sign up United Kingdom
Proactive Investors - Run By Investors For Investors

DS Smith to be focus of otherwise low-key Thursday

It has been a stellar year for DS Smith, topped off by its promotion to the FTSE 100.
cardboard boxes
It is a light schedule for Thursday

Thursday looks set to be a quiet one, with the corporate calendar looking slim.

That said, whilst early December sees stock market activity start to slow it is peak online shopping – and therefore home delivery – season; so, it probably makes sense that packaging group DS Smith PLC (LON:SMDS) will be in focus.

It has been a stellar year for DS Smith, topped off by its promotion to the FTSE 100, which was confirmed last Wednesday.

Investors will be hoping this recent momentum continues in its half year results, due on Thursday, with the signs looking good in October’s pre-close update, although the mid cap firm didn’t give much away in.

However, all of this, along with a recent broker upgrade, has raised expectations which may be hard to beat, according to Graham Spooner, investment research analyst at The Share Centre.

He said there will also be interest in how the group’s recent US acquisition, Interstate Resources is performing.

Significant events expected on Thursday December 7:

Interims: Clipper Logistics PLC (LON:CLG), DS Smith PLC (LON:SMDS)

Finals: CareTech Holdings PLC (LON:CTH)

Trading update: S&U PLC (Q2) (LON:SUS)

Economic data: US weekly jobless claims; US Challenger jobs report; US consumer credit

Ex-dividends: To clip 0.46 points off FTSE 100 - Babcock International Group PLC (LON:BAB), Mediclinic International Plc (LON:MDC), Next Plc (LON:NXT)



© Proactive Investors 2018

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use