Barratt Developments is expected to demonstrate that the good times continue to roll for house builders when it releases interim results.
Numis Securities is expecting revenue to be up 20% year-on-year and strong margin growth, partly reflecting the firm's desire to rebalance the first half/second half mix.
“At present we feel that our forecast is on the conservative side as it only implies 1% volume growth at the wholly-owned level, which looks low relative to site numbers and sales rates – and we believe partly relates to the desire of the new CEO to set guidance at a cautious level,” said Numis's Chris Millington.
Construction outfit Interserve has some reputational repairs to perform after a recent broker downgrade that cast doubt on the sustainability of profit margins in the company's Middle Easter business.
The UK construction business was hit in the second half of the year by three loss-making contracts, but the support services division has been doing its bit for the team.
The market is expecting profit before tax of £116.7mln on revenue of £3.34bn and a modestly increased full-year dividend of 24.45p, up from 23p in 2014.
Significant announcements expected
Finals: Capital & Counties Properties (LON:CAPC), Harworth Estates Group (LON:HWG), International Personal Finance (LON:IPF), Interserve (LON:IRV), Man Group (LON:EMG), New World Resources (LON:NWR), Petrofac (LON:PFC), Rathbone Brothers (LON:RAT), STV Group (LON:STVG), Synectics (LON:SNX), Weir Group (LON:WEIR)
Interims: Barratt Developments (LON:BDEV), Hays (LON:HAS), Ibex Global Solutions (LON:IBEX), McBride (LON:MCB), Town Centre Securities (LON:TCSC), Tristel (LON:TSTL), Wilmington Group (LON:WIL)