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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Fashion & brands

Ocado results to offer investors clarity on Tuesday

Ocado Group PLC (LSE:OCDO) issued four profit warnings last year and it seems the market is not sure what to expect from full-year results, with the shares roughly flat since early November.

While many analysts have issued sceptical previews in recent months, the company seems to surprise with good news almost as often as bad.

Elsewhere, it's another busy results season day, including several blue chips and FTSE 250 names.

Croda numbers were highlighted by analysts at AJ Bell as one of just fifteen current members of the FTSE 100 to have grown annual dividend every year for at least a decade, with the chemicals group’s growth streak going back to 1999.

The board signed off on an 8% increase in 2022’s interim dividend and unsurprisingly analysts have pencilled in higher full-year payments for 2022 and 2023, with City consensus forecasts eyeing 110p in total in 2022 and 114p in 2023.

"Such a phenomenal run is the result of Croda’s lofty operating margins, which in turn feed profits and cash flow."

In the US there are also some retail investor favourites, including cinema chain AMC Entertainment, electric vehicle maker Rivian and space tourism hopeful Virgin Galactic, which recently affirmed its aim to begin commercial space-flights in the coming quarter.

Significant announcements

Finals: Abrdn PLC (LSE:ABDN), Croda International PLC (LSE:CRDA), Derwent London PLC (AIM:DLN), Hutchmed (China) Limited, Intertek Group PLC (LSE:ITRK), Kitwave Group Ltd, Man Group PLC (LSE:EMG), Morgan Advanced Materials plc (LSE:MGAM), Ocado Group PLC, Rotork PLC (LSE:ROR), Serco Group PLC (LSE:SRP), St James’s Place PLC, Travis Perkins (LSE:TPK) PLC, Uniphar PLC (AIM:UPR), Unite Group PLC (LSE:UTG), Videndum PLC (LSE:VID), Vitec Group PLC, XP Power Limited

Interims: Bluefield Solar Income Fund (LSE:BSIF) Limited, McBride PLC (LSE:MCB)

AGMs: Aberdeen Diversified Income and Growth Trust PLC, Newmark Security PLC (AIM:NWT), Velocity Composites PLC, Watkin Jones PLC (AIM:WJG)

Economic announcements: House Price Index (US), Chicago PMI (US), Consumer Confidence (US)

US earnings: AMC Entertainment, HP, Occidental Petroleum, Rivian Automotive, Virgin Galactic

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