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

Lloyds to report 2018 numbers on Wednesday as bank results cycle grinds on

The black horse will be tasking the middle spot between HSBC and Barclays, with investors on the lookout for any news on cost-cutting and dividends

On Wednesday it will be Lloyds Banking Group PLC's (LON:LLOY) turn to report its full year numbers as the cycle of blue-chip bank results continues.

Shares in the bank - a favourite amongst private client investors - have suffered a torrid 2018 with their value falling by around 25%.

When the results are released, the market will be looking at areas such as cost-cutting, Lloyds’ net interest margin, dividends and more information on its new strategy plan.

With its business being predominately UK based and as a large mortgage provider any comments regarding the housing market and Brexit will be worth noting.

There may also be an update on recent rumours that it intends to beef up its presence in wealth management.

2019 set to be another tricky year for Intu

The collapse of some of the UK’s best-known retailers has hit shopping centres hard, including industry giant Intu Properties PLC (LON:INTU).

Shares in the FTSE 250-listed company, which owns the Trafford Centre in Manchester, among others, have almost halved over the past year.

They took a big tumble back in November when a consortium led by billionaire shareholder John Whittaker pulled out of a possible takeover deal due to market uncertainty.

Analysts expect that uncertainty to continue into 2019, with more shops likely to fall into administration or seek to slash their rents.

Significant announcements expected on Wednesday February 20:

Finals: Lloyds Banking Group PLC (LON:LLOY), Intu Properties PLC (LON:INTU), Glencore PLC (LON:GLEN), Hochschild Mining PLC (LON:HOC)

Interims: Pan African Resources plc (LON:PAF)

Trading updates: Gooch & Housego PLC (LON:GHH)

Economic data: CBI industrial trends survey; US housing starts

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