News und Analysen

• Next’s half-year sales rose 5.4% to £2.6bn
• Half-year pre-tax profit of £419.8m, up 4.8%
• Full-year pre-tax profit guidance raised from £845m to £875m

Next's Half-Year Earnings

NEXT plc

• The UK’s headline rate of inflation has nudged down, helped by an easing of food and accommodation prices.
• CPI number came in at 6.7% in August, down from 6.8% in July while core inflation also

• Q3 revenue up 7.2% to £569.6m as prices rise 8.4%
• Volumes returned to positive territory in final month of the quarter
• Average orders per week and active customers grow 1.9% and 1.5%
• No

• ARM Holdings rise 25% in first day of trading, lifting hopes for equity markets
• Oil tears past $90 a barrel helping FTSE 100
• ECB raises interest rates
• China Industrial Output Growth is

Look ahead to FTSE 350, other companies reporting & economic events from 18 - 22 September

• ASOS plc (LON:ASC) battles with a drift back to bricks and mortar stores
• Kingfisher plc (LON:KGF)’s

• Private sales reservations down 35%
• Net cash of £325m expected at the end of October
• Pre-tax profit guidance reiterated

Berkeley Group's Earnings

Berkeley Group Holdings PLC (LON:BKG)

• Full year guidance remains unchanged
• Group sales down 4% in 17 weeks to 26 August
• Computer sales weak
• Cost savings still front and centre

Currys's Full Year Guidance Remains Unchanged

• Profit before tax up 4% to £233.9m
• Group turnover up 21% to £2.24bn
• Customers up 4% to 9.41m
• Interim dividend down 15% to 51.0p, 38.0p normal + 13.0p special

Admiral’s Price Hikes

• Operating profit of £941m, down 2%
• Dividend of 5.71p, up 5%
• Stock of deferred profits up to £13.8bn

Legal & General’s Earnings

“Don’t be alarmed if numbers look a little different to

Look ahead to FTSE 350, other companies reporting & economic events from 14-18 August

• Legal & General Group Plc (LON:LGEN) looks to capitalise on the higher rate environment
• Can Admiral

• Second quarter net sales of $134.4bn far ahead of expectations of $131.5bn as retail and AWS sales rise
• AWS profits dip to $5.4bn from $5.7bn last year, North America retail back in profit

• UK/European markets look to steady after US/Asian sell-off.
• Bank of England meets to decide whether to hike rates once more.
• Rolls Royce reports vastly improved performance at half-year

• First-half sales of £12.0bn, up 11% ignoring exchange rate impacts
• Underlying operating profit rose 10% to 1.3bn
• Interim dividend raised 11% to 11.5p

BAE Systems’ Earnings

“A strong

• Half-year total income rose 24% to £7.7bn
• Net interest margin rose from 2.58% to 3.20%, 3.13% for Q2
• Net impairment charge of £223m, default levels remain steady
• Earnings per share of

• Half-year total income rose 24% to £7.7bn
• Net interest margin rose from 2.58% to 3.20%, 3.13% for Q2
• Net impairment charge of £223m, default levels remain steady
• Earnings per share of

Key Points

• Rivian stock has surged nearly 87% in the last month and 106% in the previous three months.
• Analysts maintain a Moderate Buy rating with a consensus price target of $27.11

Key Points

• Rivian stock has surged nearly 87% in the last month and 106% in the previous three months.
• Analysts maintain a Moderate Buy rating with a consensus price target of $27.11

VettaFi’s Fixed Income Symposium kicked off Monday morning with a discussion about the state of fixed income. Where will the Fed go next, and what can we learn from bonds’ return to relevance? How

VettaFi’s Fixed Income Symposium kicked off Monday morning with a discussion about the state of fixed income. Where will the Fed go next, and what can we learn from bonds’ return to relevance? How

Key Points

• Rivian’s stock has risen over 40% year-to-date after breaking above critical resistance levels and establishing firm support.
• The stock broke out after the company announced

Key Points

• Rivian’s stock has risen over 40% year-to-date after breaking above critical resistance levels and establishing firm support.
• The stock broke out after the company announced

Look ahead to FTSE 350, other companies reporting & economic events from 17 – 21 July

• Can Ocado Group PLC (LON:OCDO) overcome a difficult economic backdrop?
• Will sluggish market conditions

• Hunt and Sunak to consider review bodies’ pay proposals
• Barratt still on track to meet expectations
• UK GDP shrinks in May, but not by much
• Bob Iger given 2 more years at Disney
• Chinese