Royal Mail reports on trading over Christmas, which is, of course, the busiest time of the year for the group.
Royal Mail’s share price performance has been disappointing since Brexit, noted Graham Spooner, at the Share Centre.
“Investors will thus hope that during the all-important Christmas period online shoppers may have boosted the company,” Spooner believes.
“For the time being, the market appears to be focussed on the growing threat of competition, its pension plans and falling letter volumes,” he added.
Property firm British Land issues a trading statement, and according to Russ Mould, investment director at AJ Bell, the key metric to watch out for is the occupancy rate.
This was 98% at the halfway point of the year, with a weighted average lease length of nine years.
“Also look out for comments on leasing activity in terms of square footage and how the rents compare to the levels at which net asset value was previously calculated. At the first-half stage, British Land had leased or renewed 769,000 square feet with rates an average of 11.6% ahead estimated rental value (or ERV),” Bell suggested.
The real estate investment trust may also have some news on property disposals, including a rumoured sale of its 50% stake in the Cheese-grater building in London.
Significant announcements expected
Interims: 1pm PLC (LON:OPM), NCC Group PLC (LON:NCC)
Trading statements: British Land Co PLC (LON:BLND), Evraz plc (LON:EVR), Halfords Group PLC (LON:HFD), Pets at Home Group PLC (LON:PETS), Royal Mail PLC (LON:RMG), Workspace Group plc (LON:WKP)