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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

British American Tobacco & Paragon results on Tuesday

British American Tobacco PLC (LSE:BATS) investors will get their first look at life under Tadeu Marroco when the tobacco group provide first-half results on Tuesday.

The firm’s share price has lost close to a quarter of its value in the year-to-date as the company battles with regulatory tightening on smoking, including the potential banning of menthol.

Paragon Banking Group PLC (LSE:PAG) is in the teeth of the buy-to-let storm currently raging, as that is one of the mortgage lender’s specialist areas.

UBS expects underlying profit before tax of £118m, and a CET1 ratio (solvency) of 15.5%.

“In our view, the focus of the results will be on the NIM (margin) performance and outlook, given rising deposit rates/funding costs in the higher interest rate environment, mortgage affordability of professional BTL (buy-to-let) landlords, any emerging signs of credit stress, liquidity and funding outlook and plans for capital returns.”

Major announcements

Trading updates: Hunting PLC (LSE:HTG), British American Tobacco PLC (LSE:BATS)

Interims: Gooch & Housego, Oxford Metrics (AIM:OMG) PLC, Paragon Banking Group PLC (LSE:PAG), Chemring Group (LSE:CHG)

Finals: Brown (N) Group PLC, NewRiver REIT PLC (LSE:NRR), Speedy Hire PLC (LSE:SDY), Warehouse REIT PLC (AIM:WHR)

AGMs: Billington Holdings Plc (AIM:BILN), M Winkworth Plc (AIM:WINK), Mast Energy Developments PLC (LSE:MAST), NB Global Monthly Income Fund Ltd (LSE:NBMI), Starwood European Real Estate Fin Ltd, Tasty PLC (AIM:TAST)

Economic announcements: BRC Sales Monitor (UK), PMI Construction (UK)

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