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The Markets
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Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
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The Markets
by Proactive
Proactive UK has moved.
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The Markets
by Proactive
Proactive UK has moved.
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Go to Proactive UK

Media

UK economy, oil services and plastic forks on Thursday's agenda with updates on GDP, Hunting and Bunzl

Thursday's company news is a little thin but Bunzl has been doing well recently

On Thursday we have the final revision of the first-quarter UK GDP and a few sets of company results.

Logistics firm Bunzl PLC (LSE:BNZL) should issue a half-year statement having made a positive start to the year in the first quarter, with revenues rising 12.5%, of which organic growth was 11.0%, driven mainly by inflation.

M&A is expected to remain a focus, though with a number of smaller transactions completed in the period.

The shares hit an all-time high just above 3,167p in April but are down around 16% since then amid worries about economic slowdowns.

Investors will also get to hear from Hunting PLC (LSE:HTG), after sector peer Petrofac delivered an update earlier in the week.

Its last update revealed underlying profit in March was the best in two years, with orders now back above pre-pandemic levels.

Hunting is more upstream-focused than Petrofac, so if there is a revival in drilling activity sparked by higher crude prices it should be very visible by now and something to watch for tomorrow.

Thursday 30 June: Announcements due

Trading statement: Bunzl PLC (LSE:BNZL), Hunting PLC (LSE:HTG)

Finals: Accsys Technologies (AIM:AXS) plc, Cadence Minerals PLC (AIM:KDNC), Civitas Social Housing PLC (LSE:CSH), Grand Vision Media Holdings PLC (LSE:GVMH), SDCL Energy Efficiency Income Trust Plc, SEEEN plc (AIM:SEEN), Shefa Gems

AGMs: Cobra Resources PLC (LSE:COBR), Evraz PLC (LSE:EVR), Inspired PLC (AIM:INSE), Kefi Gold and Copper PLC, Likewise Group PLC (AIM:LIKE), Live Company Group PLC (AIM:LVCG), M&C Saatchi, Microsaic Systems PLC (AIM:MSYS), Roquefort Therapuetics PLC, Savannah Energy PLC (AIM:SAVE), Scottish Mortgage Investment Trust PLC (LSE:SMT), Supply@ME Capital PLC (LSE:SYME), Synairgen, Trainline PLC (LSE:TRN)

Economic announcements: GDP (UK), Nationwide house price index (UK)

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