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Compass hopes to serve up tasty results on Tuesday

Accompanying the world's biggest caterer will be results from Topps Tiles and video game developer Codemasters

Compass Group - Compass hopes to serve up tasty results on Tuesday
Investors will eyeing any news on the group's acquisition of Nordic firm Fazer Foods for €475mln

Market watchers are expecting the world's biggest catering company, Compass Group PLC (LON:CPG), to serve up a treat in its final results on Tuesday.

Shares reached an all-time high in July after the FTSE 100 food services group’s third-quarter trading statement showed organic sales were up 8.5% in its largest market, the US.

Full-year organic growth across its regions is expected to come in toward the top end of the company’s targeted range of 4% to 6%, and analysts are anticipating a pre-tax profit for the whole year of £1.75bn, up 15% against last year.

Elsewhere, investors will be scanning the statement for any updates on EU Competition Commission approval, which Compass is seeking as it moves to acquire Nordic firm Fazer Foods for €475mln.

Compass spent a total of £470mln on bolt-on acquisitions in the year so far.

Topps Tiles shows off home improvements

Topps Tiles PLC (LON:TPT) shareholders will be hoping the company can scrub up better when it publishes full-year results on Tuesday, with a boost from commercial tiling sales expected after the acquisition of Strata in April.

However, the tile maker, which mainly focuses on domestic wall and floor tiles, complained in October that a “tough market backdrop” had contributed to a 1.9% fourth-quarter decline in sales.

Full-year sales are expected to be in the region of £214mln versus last year’s £214.8mln, up 0.6% on an LFL basis

Analysts at Liberum stayed cheerful, saying that the group’s entry into the UK commercial tile space “doubles its total addressable market size to over £700mln”.

Underlying profits are expected to be between £15.5mln and £16mln, in line with market expectations.

Tuesday’s results will also the company’s final period with chief executive Matt Williams at the helm after 20 years, due to step down on Friday to be replaced by the current chief financial officer, Rob Parker.

Has Pets at Home kept customers on a leash?

Pets at Home Group PLC (LON:PETS) has seen sales rising driven by the decision to slash prices in the face of online competition, albeit sacrificing margins.

The retailer has also been transforming its stores into full pet care destinations, rather than just shops, to make the most of each customer coming through the door who would not get the same service online.

The interim results out on Tuesday should prove investors the momentum has not stopped and there is room for profits to grow.

Codemasters aims to retain pole position

Having reported a 0.2% revenue rise to £39.8mln revenue rise for its half-year in a trading update in October, video game developer Codemasters Group Holdings PLC (LON:CDM) will be expected to shoot off more positive news in its full interim results on Tuesday.

Instead, all eyes will be on the performance of the company’s latest Formula 1 racing game, which was released in June, as well as the potential impact of the crucial Black Friday and Christmas periods.

Investors will also be hoping for information on the performance of the group’s new GRID racing game, which hit the shelves on 4 October.

Significant announcements expected for Tuesday November 26:

Finals: Compass Group PLC (LON:CPG), Greencore Group PLC (LON:GNC), Paragon Banking Group PLC (LON:PAG), Shaftesbury PLC (LON:SHB)), Topps Tiles PLC (LON:TPT), Ten Lifestyle Group PLC (LON:TENG), Treatt PLC (LON:TET), UDG Healthcare PLC (LON:UDG) ,

Interims: Augmentum Fintech Plc (LON:AUGM), Caledonia Investments PLC (LON:CLDN), Codemasters Group Holdings PLC (LON:CDM), Cranswick plc (LON:CWK), De La Rue PLC (LON:DLAR), Draper Esprit PLC (LON:GROW), GB Group PLC (LON:GBG), IG Design Group PLC (LON:IGR), Imimobile PLC (LON:IMO), LXI REIT (LON:LXI), Pennon Group PLC (LON:PNN), Pets at Home Group PLC (LON:PETS), Schroder Real Estate Investment Trust (LON:SREI), Victoria PLC (LON:VCP)

Trading announcements: Intertek Group PLC (LON:ITRK)

Economic data: US Consumer confidence, US house price index, US new home sales

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