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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

Big day for investors as ITV, Flutter, London Stock Exchange and Taylor Wimpey all report on Thursday

Ex-dividends are set to reduce the FTSE 100 by 18.18 points tomorrow.

ITV PLC (LSE:ITV) (ITV PLC (LSE:ITV)) full-year results on Thursday come on the back of its booming in viewership numbers in January, which were boosted by its new ITVX streaming platform and the FIFA World Cup.

There may also be an update from the company on the board's review of the Studios business, which has apparently attracted Hollywood-linked interest.

ITV shares are up 5% over the past year, above where they were pre-pandemic, but they have been outdone by Paddy Power owner Flutter PLC, which has climbed by a third to now value the bookmaking group at a chunky £24bn.

Investors are likely to be most interested in the US-based FanDuel sports betting business, as more states liberalise gambling and what that could mean for further gains.

From betting on sport to betting on companies, with London Stock Exchange Group PLC (LSE:LSEG) (London Stock Exchange Group PLC (LSE:LSEG)).

The final results come with investors keen to hear from the company on its recent investment from Microsoft, a stock overhang and other market cliff-hangers.

In macro news, EU inflation numbers will be in focus, following January CPI numbers showing core inflation at a record high of 5.3%.

"This is likely to be a bigger concern for the European Central Bank and any lack of progress here is going to be the probable driving force going forward, and not any continued weakness in headline inflation," said analysts at CMC Markets.

Also reporting is housebuilder Taylor Wimpey , which is set to follow rival Persimmon after it reported a fall to its pre-tax profits.

Investors may be hoping that as house prices continue to fall for the fifth consectuive month, the company can provide a glimmer of hope for the sector.

However, if results mirror Persimmon the house building industry could slump further and a cut to dividends could occur for Taylor Wimpey shareholders.

Significant announcements

Finals: Alfa Financial Software Holdings Ltd, Anheauser-Busch Inbev, Apax Global Alpha Ltd, Beazley PLC (LSE:BEZ) (Beazley PLC (LSE:BEZ)), Cairns Homes PLC, Capita PLC (LSE:CPI) (Capita PLC (LSE:CPI)), Capital & Regional PLC, Coats Group PLC (LSE:COA) (Coats Group PLC (LSE:COA)), CRH PLC (LSE:CRH) (CRH PLC (LSE:CRH)), Flutter Entertainment PLC (LSE:FLTR) (Flutter Entertainment PLC (LSE:FLTR)), Grafton Group PLC (ISE:GFTU) (Grafton Group PLC (ISE:GFTU)), Hunting PLC (LSE:HTG) (Hunting PLC (LSE:HTG)), ITV PLC, London Stock Exchange Group PLC, Melrose Industries PLC (LSE:MRO, OTC:MLSPF) (Melrose Industries PLC (LSE:MRO, OTC:MLSPF), Melrose Industries PLC (LSE:MRO, OTC:MLSPF)), National Express PLC, Network International Holdings, PPHE Hotel Group Ltd, Schroders PLC (LSE:SDR) (Schroders PLC (LSE:SDR)), Spire Healthcare Group Plc (LSE:SPI) (Spire Healthcare Group Plc (LSE:SPI)), Synthomer (LSE:SYNT) (Synthomer (LSE:SYNT)) PLC, Taylor Wimpey PLC (LSE:TW.) (Taylor Wimpey PLC (LSE:TW.)), Tritax Big Box REIT PLC (LSE:BBOX) (Tritax Big Box REIT PLC (LSE:BBOX)), Tyman (LSE:TYMN) (Tyman (LSE:TYMN)) PLC

AGMs: Chenavari Toro Income Fund Ltd (LSE:TORG) (Chenavari Toro Income Fund Ltd (LSE:TORG)), Victorian Plumbing PLC

Economic announcements: Continuing Claims (US), Initial Jobless Claims (US)

Ex-dividends to reduce FTSE 100 by 18.18 points: Diageo, Hargreaves Lansdown, HSBC Holdings, Berkeley Group Holdings

US earnings: Broadcom, ChargePoint Holdings, Hewlett Packard Enterprise, Zscaler

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The Markets
by Proactive
Proactive UK has moved.
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