News

Tuesday Preview: Tesco seen posting sales growth

09 June 2008 10:52:00

JP Morgan expects Tesco to report fourth quarter sales growth of 13.7% or 10.4% at constant exchange rates and 8.3% excluding petrol and currency movements. The broker thinks there has been a marked slowdown in international sales growth.

British Retail Consortium figures for retail sales in May are tipped to show a 0.8% decline in like-for-like sales from the same month last year.

Plastic component supplier Carclo is expected to post full-year pre-tax profits of around £5.6m from £4.6m the year before.

Hi-tech instrumentation specialist Oxford Instruments also posts full-year results. Pre-tax profits are expected to rise to £9.2m from £7.5m before.

INTERIMS
ATH Resources

INTERIM DIVIDEND PAYMENT DATE
Lok'n Store Group

FINALS
Bango, Carclo, Datong, Media Square, Oxford Instruments, Redstone, Warner Estate Holdings

AGMS
Amazing Holdings, Sopheon, Ted Baker, Trafficmaster, Venue Solutions Holdings, Work Group

UK ECONOMIC ANNOUNCEMENTS
BRC Sales Monitor (11:00)

FINAL DIVIDEND PAYMENT DATE
Metnor Group

QUARTERLY RESULTS
Gilat Satcom

TRADING STATEMENTS
Tesco

All data suppied by Digital Look (15 minute delay)




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