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Date: Wednesday 08 Oct 2008
LONDON (ShareCast) - Newsagent WH Smith is expected to announce full year pre-tax profits of just over £74m on sales of £1,311m, as it derives benefit from the switch to public transport as a result of higher fuel costs. While its outlets at stations and bus depots may be going well, analysts will be watchful for any signs of slippage in the High Street outlets.
The hurricane season has not been kind to oilfield operators in the Gulf of Mexico which may have had an effect on oilfield services company Wood Group’s performance.
Broker Evolution Securities believes the underlying business is performing up to scratch, however, and expects a 40% hike in earnings per share in 2008.
Pubs and bars are having a tough time of it so the full year results for Premium Bars could make grisly reading. KBC Peel Hunt recently downgraded pre-tax profit estimates from £1.6m to £1.3m on continuing operations, with a one off loss of £1.1m expected on non-core operations.
INTERIMS
Booker Group, Premium Bars and Restaurants
INTERIM DIVIDEND PAYMENT DATE
Antofagasta, GlobeOp Financial Services, Molins, Shire Ltd, Standard Chartered
QUARTERLY PAYMENT DATE
Africa Opportunity Fund, GlaxoSmithKline
FINALS
WH Smith, Premium Bars and Restaurants
EGMS
Ascent Resources, Gresham House
AGMS
M&G Equity Inv. Trust Income, THB Group
FINAL DIVIDEND PAYMENT DATE
ACM Shipping, Antofagasta, Black Arrow, Brambles Ld
TRADING STATEMENTS
Sage, Wood Group, BG Group