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The Markets
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The Markets
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Pharma & Biotech

Thursday’s agenda: Investors to get measure of Debenhams

The department store is due to release its results on Wednesday

Today may be Back to the Future Day, but I don’t need a DeLorean or Grays Almanac to see what’s coming up tomorrow.

Debenhams (LON:DEB) is due to release its full year results.

Aided by management’s push towards less promotional and more full price sales, pre-tax profit is currently expected to edge marginally higher, that’s according to the soothsayers over at Hargreaves Lansdown.

“An update regarding the group’s space optimisation programme may also be provided, along with an outlining of trading for new concessions such as Sports Direct, Costa Coffee and Monsoon,” the broker added.

Also among those in the City diary, for trading announcements, are Anglo-American (LON:AAL), Ladbrokes (LON:LAD), Travis Perkins (LON:TPK) and Mothercare (LON:MTC).

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