The Week Ahead: Housebuilders to reveal property boom effect
Monday 07 July 2014
Has the runaway housing market kickstarted a boom in housebuilding? We’ll get a better idea this week. A quartet of housebuilders are reporting: Taylor Wimpey today, Bovis Homes tomorrow, Galliford Try come Wednesday and Barratt Developments on Thursday. Investors will be hoping for strong figures from all four. The building materials group Grafton, reporting Wednesday, may also see a boost.
The week starts with a trading update from the recruiter Robert Walters. Tomorrow brings Marks & Spencer’s AGM and first-quarter trading figures. Under-pressure chief executive Marc Bolland could be in for a rough ride.
The home furnishings retailer Dunelm publishes a trading statement tomorrow, as do Polypipe and XP Power, while the pub group Young & Co holds its AGM. The Ukrainian iron miner Ferrexpo releases production figures.
JD Wetherspoon and engine maker Interserve update on trading on Wednesday.
SuperDry owner SuperGroup has full-year results on Thursday, while Primark-owner Associated British Foods talks trading. The emerging markets investment specialist Ashmore has a trading update, as does Halfords, Premier Oil and Hays. Bloomsbury Publishing has first-quarter results.
Friday brings a pre-close statement from Burberry, and updates from Moneysupermarket.com and credit check specialist Experian.
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