NEW! Investment Companies Centre

Thursday preview: Britvic, Trading Emissions

Related Companies

Related Indices

Related Sectors

News for Spread Betters

There's a new Investor Edition of CMC Markets' spread betting platform... and it's exclusive to DigitalLook.com users...

Get full details about Marketmaker:Investor Edition here. Advertisement

Date: Wednesday 15 Oct 2008

LONDON (ShareCast) - Soft drinks company Britvic said last month that trading performance in the second half has been better than expected, with the exception of Ireland, where conditions have been more difficult. The two factors should balance each other out, allowing the company to hit full-year profit expectations. US banking group Citigroup is expecting revenue growth of just under 5%.

Carbon trading credits company Trading Emissions should announce pre-tax profits of close to £200m, according to broker KBC Peel Hunt. The broker says: “Upside potential remains, with further value potential from equity investment revaluations, further growth in the portfolio, reinvestment opportunities and life beyond 2012.”

KBC, which rates the stock a “buy”, expects the company’s net asset value per share will be upgraded to 230p+ from 184p previously, although KBC’s “fair value” estimate is lower at 160p, since it takes into account greater risk discounts.

INTERIM DIVIDEND PAYMENT DATE
Computacenter, Davis Service Group, French Connection, Restaurant Group, United Business Media

INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Capacity Utilisation (US) (14:15), Consumer Price Index (US) (13:30), Industrial Production (US) (14:15), Initial Jobless Claims (US) (13:30), Philadelphia Fed Index (US) (15:00)

FINALS
Air Partner, Nautical Petroleum, Smiths News, Trading Emissions

AGMS
City of London Investment Trust, Eaga, Finders Resources, Mattioli Woods, Mirada, Stonemartin

FINAL DIVIDEND PAYMENT DATE
Mid Wynd International Trust

TRADING STATEMENTS
Britvic

Digital Look have been voted
"Best Research and Information Provider"

4th Floor, Bankside House, 107 Leadenhall Street, London EC3A 4AF.
Registered in England and Wales (registered no. 3678570).