Friday 16 November 2018

Packed week of corporate results ahead

It's a busy week for corporate results. Stock image
It's a busy week for corporate results. Stock image
Ellie Donnelly

Ellie Donnelly

Brexit remains a big focus with prospects of a breakthrough by midweek but it's also a busy week for corporate results.

Associated British Foods is due to announce its annual results tomorrow, while First Derivatives releases interim figures. Also tomorrow, gambling giant William Hill will issue a trading update.

On Wednesday, Kerry Group is set to release its interim management statement.

And on Thursday, Permanent TSB is due to report, followed by IPL Plastics' update on Friday, when it may guide on merger talks.

Greencore holds an EGM on Wednesday, with Polaris Capital, a 9pc shareholder, already against the structure of a return of proceeds from the $1bn (€878.5m) sale of its US arm.

In Europe, finance ministers are due to meet today in Brussels. While on Wednesday, the European People's Party (EPP) holds a summit to decide on its top candidate to serve as EU Commission president.

Meanwhile, Paddy Cosgrave's Web Summit is taking place this week in Lisbon.

Michael Bloomberg hosts the New Economy Forum, a gathering of more than 400 world and business leaders in Singapore in the next two days.

Irish Independent

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