Portfolio

Week ahead: Diageo, Cranswick and M&S in the firing line

By Benjamin Chiou

Date: Friday 16 May 2025

Week ahead: Diageo, Cranswick and M&S in the firing line

(Sharecast News) - As we enter into the second half of May, the first-quarter earnings and AGM seasons are coming to an end, meaning a flurry of activity in the coming week for UK corporates.
Next week will see the release of results and trading updates from a number of London-listed heavyweights, including Big Yellow Group, Cerillion, Cranswick, Diageo, LondonMetric, Marks & Spencer, Gregg's, Vodafone, Great Portland Estates, SSE, Curry's, BT Group, easyJet, Johnson Matthey and Tate & Lyle.

Diageo shareholders will be waiting on third-quarter trading update on Monday to see how the spirits and drinks maker's North American business and global supply chains are faring amid ongoing tariff uncertainty.

"Investor positioning on DGE has turned negative, and short interest has sharply picked up due to its high exposure to a weaker US consumer and Spirits category trends," analysts at UBS said on Friday in their Week Ahead report.

Cranswick's full-year results on Tuesday in particular will be closely watched given the meat producer's decision on Monday to temporarily shut its Lincolnshire farm following animal rights abuse claims.

Shares in Cranswick tanked this week as Britain's Big Four supermarkets all suspended supplies from the farm after staff were secretly recorded engaging in inhumane practices that put pigs under distress and considerable pain.

Similarly, investors in M&S will be waiting to see if the retailer will give any guidance on how the recent cyberattack has affected sales, given the company has been forced to pause all online orders over the past month.

Full-year results from the firm on Wednesday are expected to address this, but with the shares down 17% since the cyberattack was first announced, "this suggests [the] market is partially pricing in some impact", UBS said.

"We expect MKS to address this at the FY results catalyst where we could see some downside based on the severity and timeline of disruption," analysts said.



Monday May 19

INTERIMS

Cerillion

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Harmonised Index of Consumer Prices (EU) (10:00)

FINALS

Big Yellow Group, Big Yellow Group, Creo Medical Group, Kainos Group

AGMS

Aquis Exchange , Aquis Exchange , Genuit Group, Harworth Group, Science Group , Social Housing Reit, Zhejiang Yongtai Technology Co. GDR (EACH Repr 5 A SHS) (REG S)

FINAL DIVIDEND PAYMENT DATE

Direct Line Insurance Group, HGCapital Trust, Murray International Trust, Standard Chartered



Tuesday May 20

INTERIMS

Diploma, Ixico, Topps Tiles

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Current Account (EU) (09:00)

Producer Price Index (GER) (07:00)

FINALS

Amcomri Group, Caledonia Investments, Calnex Solutions , Cranswick, Jadestone Energy, LondonMetric Property, SSP Group, Vodafone Group, Xeros Technology Group

AGMS

Accesso Technology Group, Air China Ltd., AVI Japan Opportunity Trust , Baillie Gifford Shin Nippon, Deliveroo Class , EKF Diagnostics Holdings , EKF Diagnostics Holdings , Empresaria Group, Epwin Group, Everest Global, FDM Group (Holdings), Fintel, Fresnillo, Georgia Capital , Getbusy, Hilton Food Group, International Workplace Group, Luceco , Merchants Trust, Metro Bank Holdings , Prudential, Riverstone Credit Opportunities Income, Riverstone Energy Limited , US Solar Fund

TRADING ANNOUNCEMENTS

Greggs, Smiths Group

FINAL DIVIDEND PAYMENT DATE

Central Asia Metals, Chesnara, Jupiter Fund Management , Lloyds Banking Group



Wednesday May 21

INTERIMS

Avon Technologies , IntegraFin Holding

INTERIM DIVIDEND PAYMENT DATE

Softcat

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Crude Oil Inventories (US) (15:30)

MBA Mortgage Applications (US) (12:00)

GMS

Mid Wynd International Inv Trust

FINALS

Great Portland Estates, Helical, HICL Infrastructure , Intermediate Capital Group, SSE

ANNUAL REPORT

Clean Power Hydrogen

AGMS

4Imprint Group, Bodycote, Capital Limited (DI), CK Infrastructure Holdings Limited (CDI), Dowlais Group, Essentra, JTC, Ming Yang Smart Energy Group Limited Gdr (Each Repr 5 A Shs Rmb1) (Reg S), Mortgage Advice Bureau (Holdings) , Playtech, PPHE Hotel Group Ltd, Sancus Lending Group Limited NPV, Science Group , Sherborne Investors (Guernsey) C Limited NPV, Stelrad Group , The Artisanal Spirits Company, VH Global Energy Infrastructure

TRADING ANNOUNCEMENTS

Currys

UK ECONOMIC ANNOUNCEMENTS

Consumer Price Index (07:00)

Producer Price Index (07:00)

Retail Sales (07:00)

FINAL DIVIDEND PAYMENT DATE

AIREA, Harbour Energy , London Stock Exchange Group, Man Group, Phoenix Group Holdings



Thursday May 22

INTERIMS

Impax Asset Management Group

INTERIM EX-DIVIDEND DATE

Bellway, BlackRock Greater Europe Inv Trust, Cardiff Property, Town Centre Securities

QUARTERLY EX-DIVIDEND DATE

Seplat Energy (DI), Vaalco Energy, Inc (DI)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Continuing Claims (US) (13:30)

Existing Home Sales (US) (15:00)

IFO Business Climate (GER) (09:00)

IFO Current Assessment (GER) (09:00)

IFO Expectations (GER) (09:00)

Initial Jobless Claims (US) (13:30)

Q4

BT Group

FINALS

BT Group, easyJet, Johnson Matthey, Picton Property Income Ltd, Tate & Lyle

SPECIAL DIVIDEND PAYMENT DATE

Savills

AGMS

Aferian, Ashtead Technology Holdings, Bakkavor Group , Bank of Ireland Group (CDI), Coca-Cola Europacific Partners (DI), Convatec Group , Dunedin Income Growth Inv Trust, East Star Resources, Energean , Ferrexpo, Glenveagh Properties (CDI), Headlam Group, Henry Boot, Intertek Group, IQ-AI Limited, Judges Scientific, Legal & General Group, M Winkworth, Mercantile Investment Trust (The), Norman Broadbent , Petershill Partners , Pharos Energy , Quilter, Real Estate Investors, Sabre Insurance Group, Seneca Growth Capital Vct, Shaftesbury Capital, Shield Therapeutics, Spectris, Tullow Oil, Yu Group , Zinc Media Group, Zotefoams

TRADING ANNOUNCEMENTS

Convatec Group

UK ECONOMIC ANNOUNCEMENTS

Public Sector Net Borrowing (07:00)

FINAL DIVIDEND PAYMENT DATE

Aviva, Bridgepoint Group (Reg S) , ITV, Luceco , Savills, Secure Trust Bank

FINAL EX-DIVIDEND DATE

Andrews Sykes Group, Aptitude Software Group , Bunzl, Burford Capital NPV (DI), Fintel, Ingenta, Keller Group, Kingfisher, Midwich Group, Mincon Group (CDI), RHI Magnesita N.V. (DI), Science Group , Spire Healthcare Group, Whitbread





Friday May 23

INTERIMS

AJ Bell

INTERIM DIVIDEND PAYMENT DATE

Nippon Active Value Fund , Seneca Growth Capital Vct B, Tracsis

QUARTERLY PAYMENT DATE

JPMorgan Asia Growth & Income, Supermarket Income Reit

QUARTERLY EX-DIVIDEND DATE

CRH (CDI)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Gross Domestic Product (GER) (07:00)

New Homes Sales (US) (15:00)

FINALS

Volvere

SPECIAL DIVIDEND PAYMENT DATE

Seplat Energy (DI)

AGMS

Barr (A.G.), Coca-Cola HBC AG (CDI), Octopus AIM VCT 2, Slingsby H.C, WPP

UK ECONOMIC ANNOUNCEMENTS

GFK Consumer Confidence (00:01)

Retail Sales (07:00)

FINAL DIVIDEND PAYMENT DATE

Alpha Group International, AVI Japan Opportunity Trust , Centaur Media, Clarkson, CLS Holdings, Eurocell , Franchise Brands, Harworth Group, Howden Joinery Group, Me Group International, Public Policy Holding Company, Inc.(DI), Rightmove, Seplat Energy (DI), Spirax Group, St James's Place, TP Icap Group

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