Friday preview: Electrocomponents' revival may be faltering

29th Mar 2012 18:07

Having been hit by customers running down inventories during the credit crunch, electronic components distributor Electrocomponents made up for lost time once confidence started returning to markets, but there have been signs this year that the revival may be coming to an end.Revenues grew 4% in the four months to January 31st, with strong growth internationally offsetting a more subdued performance in the UK, but that performance disguised a growth rate of ust 1% in January.The worry for holders of the stock is that the top-line might have gone ex-growth in February and March. We will find out on Friday, when the company issues a trading update. INTERIMSAllergy Therapeutics, Ultimate Finance GroupINTERIM DIVIDEND PAYMENT DATECash Converters International Ltd, Downing Absolute Income VCT 2, Downing Income VCT 3, Genus, Jupiter Primadona Growth Trust, Standard Life UK Smaller Companies Trust, TracsisQUARTERLY PAYMENT DATEBP, MedicX Fund Ltd., Premier Energy & Water Trust, Real Estate Credit Investments PCC LtdINTERNATIONAL ECONOMIC ANNOUNCEMENTSChicago PMI (US) (13:45)GFK Consumer Confidence (GER) (07:00)Personal Consumption Expenditures (US) (13:30)Personal Income (US) (13:30)Personal Spending (US) (13:30)Retail Sales (GER) (07:00)U. of Michigan Confidence (Final) (US) (15:00)FINALSChesnara, Public Power GDR SA (Reg S), Songbird EstatesANNUAL REPORTErste Group Bank AG, New Europe Property Investments, Weir GroupSPECIAL DIVIDEND PAYMENT DATEJPMorgan Income & Growth Inv Trust Income SharesEGMSTurkiye is Bankasi A.S GDR (Reg S)AGMSBanco Espirito Santo SA, Banco Santander SA, IRF European Finance Investments Ltd. (DI), Milestone Group, Sarantel Group 'A' SharesTRADING ANNOUNCEMENTSElectrocomponentsFINAL DIVIDEND PAYMENT DATEChrysalis VCT, Hazel Renewable Energy VCT 1, Hazel Renewable Energy VCT 2, Jersey Electricity 'A' Shares, Sanderson Group, Temple Bar Inv TrustJH