Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
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
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Archive

Thursday's agenda - Porta to communicate final results

Its final results time for Porta Communications (LON:PTCM), the growing public relations and marketing specialist, and house broker Sanlam reckons trading will be in line with the house's expectations.

Sanlam analyst Amisha Chohan highlighted in a recent note that the share price had fallen almost 10% this year.

"From our perspective, the market fails to acknowledge the organic growth and the platform for growth," said the analyst.

For the year to end December, the broker forecasts a 93% rise in fee income growth to £21.6mln driven by acquisitions and organic growth, adjusted EBITDA growth of 28% to £1.8mln and pre-tax losses of £0.6mln.

"The group is in a stronger position to grow sales and benefit from operational leverage."

The analyst also added that recent acquisitions were now embedded into the group, which should drive margins up.

In a trading update in February, Porta said: "The board anticipates further strong growth in 2015 throughout the group while margins are also expected to improve with its recent acquisitions operating from one central location."

Announcements expected:

Interims: Signet Jewelers (LON:SIG)

Finals: Gable Holdings Inc (LON:GAH), Helical Bar (LON:HLCL), Infinis (LON:INFI), PayPoint (LON:PAY), Porta Communications (LON:PTCM), Tate & Lyle (LON:TATE)

Trading statements: IG Group (LON:IGG), Kingfisher (LON:KGF)

Economic: UK – Nationwide house prices, BBA mortgage approvals. US – Weekly jobless claims, Pending home sales.

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK