By Benjamin Chiou
Date: Monday 02 Jul 2012
N Brown, the internet and catalogues home shopping firm, is to release its interim management statement (IMS) on Tuesday, explaining what trading has been like since the start of its financial year in March.
When reporting its full-year results in May, the group noted challenging market conditions and fragile consumer confidence as current-year headwinds.
However, broker Jefferies said in a research note last month that trading pressures should ease over the year ahead: "Second-half calendar '12 trading conditions should be more disciplined than last year following tighter buying trends across the sector and hopefully no reason for a repeat of the weather induced discounting experienced in 2011.
"Moderating inflation should reduce pressure on UK consumer budgets through this year providing a more robust backdrop. N Brown's decision to ease the credit terms it offers customers should add some self-driven stimulus too."
St. Modwen Properties
INTERIM DIVIDEND PAYMENT DATE
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Auto Sales (US) (15:00)
Factory Orders (US) (15:00)
Goods Orders (US) (15:00)
Anite, Polar Capital Technology Trust, The Real Good Food Company
Brown (N.) Group
SPECIAL DIVIDEND PAYMENT DATE
Octopus Eclipse VCT 2
Blackrock Hedge Selector Ltd. Red Part Shs (UK Emerging Co Shs), Brown (N.) Group, JZ Capital Partners Ltd, Orchid Developments Group Ltd.
UK ECONOMIC ANNOUNCEMENTS
Consumer Credit (09:30)
M4 Money Supply (09:30)
M4 Sterling Lending (09:30)
Mortgage Approvals (09:30)
PMI Construction (09:30)
FINAL DIVIDEND PAYMENT DATE
Brammer, Capital Shopping Centres Group, Mears Group, Octopus Eclipse VCT 2, Slingsby H.C
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