Various companies are set to post trading updates and results this week
One of the most prominent names ASOS is scheduled to post final results on Wednesday
In addition, Hays and Entain will report trading announcements on Thurday
Monday:
Unite Group (UTG) reported a trading update before the open on Monday. The student accommodation company said it has sold 99% of beds for the 2022/23 academic year, with rental growth of 3.5% for the period.
Sirius Real Estate (SRE) also posted a trading update, telling investors that rent growth was driven by continued strong demand. The company said it experienced a 2.4% increase in like-for-like annualised rent roll to €115.2 million in Germany and a 4.1% increase in like-for-like annualised rent roll to £46.5 million in the UK.
Tuesday:
YouGov (YOU) is scheduled to report final results on Tuesday, October 11, alongside SCS Group (SCS).
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In addition, Sanderson Design Group (SDG), Eneraqua Technologies (ETP) and Smartspace (SMRT) are set to report interim results, while Reach PLC (RCH) is set to post a trading announcement.
Wednesday:
Investors will be gearing up for online fashion retailer ASOS (ASC) to report its final results on Wednesday, October 12, although expectations are not high. Elsewhere, Kin and Carta (KCT) is also scheduled to report its final results.
Three companies, Rathbone (RAT), Hays (HAS) and Entain (ENT), are on the calendar to provide trading announcements on Thursday. Investors in recruitment firm Hays will be hoping a reported hiring slowdown in September hasn’t impacted the business too much.
Friday:
Just the one trading update on the calendar for Friday, with Jupiter Fund Management (JUP), set to report. Jupiter shares are down 65% in 2022, so investors will be hoping for a positive announcement.
The AskTraders Analyst Team features experts in technical and fundamental analysis, as well as traders specialising in stocks, forex, and cryptocurrency.
