Archive
Clothes retailers Next and Ted Baker in the spotlight on Thursday
Not much excitement is expected from the Bank of England, so investor attention will instead be on two of the UK’s troubled clothes retailers: Ted Baker and Next
Company
LON:SGRO
SEGRO PLC is a property investment company, which owns and manages business space. It develops and acquired properties throughout Europe. The Company manage its business through two strategic business units: the United Kingdom and Continental Europe.
107 stories · page 4 of 6
Archive
Not much excitement is expected from the Bank of England, so investor attention will instead be on two of the UK’s troubled clothes retailers: Ted Baker and Next
For the year ended 31 December 2018, Segro reported a 24.4% rise in adjusted pre-tax profit to £241.5mln boosted by high customer retention rates, like-for-like rental growth and a low vacancy rate
Investments and investor services
Britain's blue chip index closed up around 39, or 0.55% at 7,236 on the day
Archive
Aside from the RBS numbers, full-year results will also be due on Friday from mid-cap real estate group Segro, while the macro focus will be on January UK retail sales data
Both LandSec and Tritax were given 'outperform' ratings on the back of an improved risk profile and exposure to the UK industrial property market respectively
Archive
Aside from all the company news, the Week Ahead also brings the latest UK inflation and GDP growth data for investors to digest, while the Brexit saga will continue to roll on
The US bank also reduced its target price for Hammerson to 410p, down from 610p previously, with the shares currently trading at 344.80p, 3.7% below Friday’s close
Segro contracted £12.6mln in headline rent in the July-October term, up from £8.8mln in the year-ago period
The FTSE 100 falls 35 points to 7,025, while Dow falls more than 300 points
Investments and investor services
Barratt is to follow Tuesday's update from Bellway.
The week ahead includes full year results from Bellway and ASOS, interims from Gear4Music and trading updates from Barratt Developments, Segro, Unilever, Domino's Pizza and Rentokil
Investments and investor services
Investors in the B&Q owner will be hoping for a BBQ boost sufficient to offset the springtime freeze.
The Nasdaq on Wall Street is down over 88 points at the time of writing, at 7,420.
Archive
Three of the 10 largest London-listed companies (by capitalisation) are updating the market on Thursday. A dozen or more other household names are also expected to report.
SEGRO completed 146,500 square metres of developments in the quarter, capable of generating £10.9mln of headline rent when fully let, of which £6.8mln(63%) has been secured
Investments and investor services
FTSE 100 gained support from higher metals prices and a slide in sterling on Wednesday to close higher
Archive
Updates are expected from Bunzl, Countryside Properties and Jupiter Fund Management, among others
Investments and investor services
In the currency markets, the pound is up 0.13% against the Euro, but down 0.20% against the US dollar.
Investments and investor services
The Kurdistan oil and gas business releases its results on Thursday, while investors will be hoping to see continued momentum for the fashion retailer.
The industrial property developer said its adjusted pre-tax profit increased by 25.7% to £194.2mln in the full-year to 31 December 2017, up from £154.5mln a year earlier