Reporting Calendar - JULY 2021
While markets continue to combat COVID 19, another exciting Reporting Season is here!
It is again that time of the year when investors across the globe gauge LSE-listed companies releasing their results and outlook. The period outlines the most crucial time in the financial market, factoring-in to the stock price momentum and aiding investors in their decision making.
Six months down 2020 and what a year it has already been! Markets which were all set to come out of the phase of confusion after the long-awaited Brexit finally a reality and hopes high of a new beginning, but then, COVID 19 struck.
The first pandemic of its kind has broken long-enduring growth records, shattered critical economic benchmarks, forced governments to launch extraordinary monetary stimulus and altered business forecasts for 2020 and beyond. Stymied by lockdowns, dreading a second wave and striving to flatten the curve, the world awaits a vaccine that could turn the corner.
However, there is some comfort in the fact that contemporary companies are not only accepting the “new normal” but are rising to the test in extraordinary ways to address volatile business and humanitarian aspects. While everyday holds distinct excitement in the markets, some of the listed companies are back in action, whetting investor appetite as the August Reporting Season knocks- the show that is likely to unveil how companies have responded to COVID 19!
We are wary of the turbulence at a bigger scale wherein companies’ earnings (in general) are being impacted by external factors like coronavirus impact and other global uncertainties. Nonetheless, we expect a group of star performers showcasing the potential in a defensive way.
In view of the above, we bring to you the timeline of these releases so that you do not miss out to check the performance of your favourite LSE-listed companies!
|Date||Company Name||LSE Code||Reporting period||Business Outlook|
|2021-07-13 00:00:00||Gateley Holdings Plc||GTLY||FY2021||Revenue expected to be £111.7 million for the period, while the adjusted PBT at £14.7 m. The Net cash balance stands at £8.4 million.|
|2021-07-13 00:00:00||Zoo Digital Group Plc||ZOO||FY2021||Revenue expected to be $39.5 million, up by 33%. EBITDA has doubled to $4.5m. Reported loss before tax of $3.6 million for the year, when the company had reached a breakeven in the last year. Net cash balance stands at $2.9 million.|
|2021-07-13 00:00:00||Synetics Plc||SNX||H12021||Operating loss is expected to be at £0.8 million in comparison to £2 million loss in the previous first half. Revenue expected to be £22 million, while net cash balance at £3.5 million.|
|2021-07-16 00:00:00||Motorpoint Group Plc||MOTR||FY2021||Revenue likely to be lower by around 29% to £721.4m. PBT expected to be £9.7million. Gross margin is expected to be 8.7%, up by 90bps. EBITDA expected to be £18.3 million, while EPS expected to be 8.4p.|