Portfolio

Thursday preview: UK GDP, Burberry and B&M results

By Michele Maatouk

Date: Wednesday 12 Nov 2025

Thursday preview: UK GDP, Burberry and B&M results

(Sharecast News) - Thursday will see the release of third-quarter UK GDP figures, along with first-half results from 3i, Burberry, Qinetiq, B&M European Value Retail and Premier Foods.
Also slated for release are a third-quarter trading update from Aviva, Q3 results from Endeavour Mining, trading updates from Rolls-Royce, Persimmon and Spirax, and a 10-month trading update from Convatec.

As far as Burberry is concerned, UBS said it expects second-quarter retail sales of £425m, down 1% year-on-year and up 1% at constant currency, with 1% growth in like-for-like sales, "thus turning positive after seven consecutive quarters in the negative territory".

The bank expects first-half EBIT of £14m, with FY26E profits being largely skewed to the second half, in line with the company's prior guidance.

UBS said: "We expect investor focus to be on: (1) Any pricing taken by the brand in light of US tariffs and other measures taken to offset it amid still depressed profitability; (2) Performance by product category amid the brand's recent return to focusing on its core outwear category; (3) H2 wholesale outlook as a leading indicator of brand performance under the leadership of CEO Schulman; (4) Sales growth by consumer cluster and especially the Chinese nationals given recent signs of improvement in ML China; (5) FX impact on profits in FY26 (£15m headwind on profits as of Q1 FY26 results); (6) Comments on latest trends and Q3 FY26 outlook given the late timing of the company's results announcement (mid-November)."

In Europe, quarterly results are due from Siemens, Deutsche Telekom and Delivery Hero, with half-year results from Alstom, among others.

Across the pond, Walt Disney and Applied Materials are among the companies slated to report.

Thursday November 13

INTERIMS

B&M European Value Retail S.A. (DI), ICG, Marks Electrical Group, United Utilities Group

INTERIM DIVIDEND PAYMENT DATE

Coats Group

INTERIM EX-DIVIDEND DATE

Anpario, Bunzl, C&C Group (CDI), London Security, Mincon Group (CDI), Sainsbury (J), Schroder BSC Social Impact Trust, Triple Point Venture Vct, Wynnstay Properties

QUARTERLY EX-DIVIDEND DATE

BlackRock American Income Trust, BP, GSK, ICG Enterprise Trust, NextEnergy Solar Fund Limited Red, Octopus Renewables Infrastructure Trust , Pershing Square Holdings Ltd NPV, Pershing Square Holdings Ltd NPV (USD), The Renewables Infrastructure Group Limited

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Consumer Price Index (US) (13:30)

Continuing Claims (US) (13:30)

Crude Oil Inventories (US) (15:30)

Q3

Atalaya Mining Copper, S.A. (CDI), Endeavour Mining, Integrated Diagnostics Holdings

SPECIAL DIVIDEND PAYMENT DATE

Abrdn Property Income Trust Limited

SPECIAL EX-DIVIDEND DATE

Lancashire Holdings Limited, Sainsbury (J)

AGMS

Fiske, Fonix , Galliford Try, Greatland Resouces Limited (DI), Kier Group, VietNam Holding Ltd

TRADING ANNOUNCEMENTS

Aviva, Convatec Group

UK ECONOMIC ANNOUNCEMENTS

Balance of Trade (07:00)

Gross Domestic Product (07:00)

Index of Services (00:00)

Index of Services (07:00)

Manufacturing Production (07:00)

FINAL DIVIDEND PAYMENT DATE

Abrdn Property Income Trust Limited , Hansard Global

FINAL EX-DIVIDEND DATE

Baillie Gifford Japan Trust, Fidelity Asian Values, Fidelity Emerging Markets Limited Ptg NPV, International Paper Comapny (DI), James Halstead, New Star Investment Trust, SThree

..

Email this article to a friend

or share it with one of these popular networks:


Top of Page