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 |
---|---|---|---|---|
2021-07-26 00:00:00 | Science Group PLC | SAG | H12021 | Revenue expected to be over £40 million and adjusted operating profit to be more than £7 million, an increase of 40%. |
2021-07-27 00:00:00 | In the Style Group PLC | ITS | FY2021 | Turnover is expected to be more than £40 million, 130% higher from the prior year. Net cash balance at £11.9mn. There has been strong 19 per cent increase in new client acquisition. |
2021-07-28 00:00:00 | Shearwater Group PLC | SWG | FY2021 | EBITDA expected to be over £3.6 million, and Revenue is expected to cross £31 million. Net cash balance at £7.3million. The group has managed to strengthen is balance sheet over the last 12 months. |
2021-07-28 00:00:00 | Musicmagpie PLC | MMAG | H12021 | Revenue is expected to be £72.5 million; 3.4% above prior year and adjusted EBITDA is expected to cross £6illion, 14.8% higher from previous year. |
2021-07-28 00:00:00 | Quartix Tech PLC | QTX | H12021 | Revenue is expected to be above £12.5 million mark and adjusted EBITDA to be £2.7 million. Cash balance expected to be £4.2millio and underlying free cash flow of around £1.3million |