Tuesday preview: Aggreko, GKN report

14th Apr 2014 14:38

Temporary power company Aggreko is expected to report first quarter growth on the back of an increase in order intake.In March, when the group reported its full-year results, it anticipated an "encouraging start to 2014" after signing a contract in Libya for 120 megawatts. At the time it said it saw the first quarter at a similar level to the final quarter of 2013."We remain positive on the long-term structural potential of the temporary power market, but a forward price to earnings of circa 22 times, and an uncertain short-term outlook continue to leave the shares looking vulnerable, in our view," according to Numis, which issued a 'reduce' rating and target price of 1,234p.Meanwhile GKN will deliver its interims on Tuesday and Numis predicts flat results following volatile weather in the US."Overall with numbers adjusted for currency and some trading weakness at the prelims we expect a relatively flat statement albeit GKN does provide far greater transparency to numbers than most engineers on a quarterly basis," the broker said.Tuesday April 15thINTERNATIONAL ECONOMIC ANNOUNCEMENTSBalance of Trade (EU) (10:00)Consumer Price Index (US) (13:30)Empire State Manufacturing Index (US) (08:30)Net Long Term TIC Flows (US) (08:45)ZEW Survey (EU) (10:00)ZEW Survey (GER) (10:00)Speech President Atlanta FedSpeech Fed Chair Janet YellenSpeech President Philadelphia FedSpeech President Boston FedSpeech President Minneapolis FedFINALSAmara Mining, JD Sports Fashion, Manx TelecomANNUAL REPORTImmedia Group, Mecom Group, VernalisIMSSAggreko, Michael Page International, Debenhams, GKNDRILLING REPORTRio TintoEGMSBH Global Ltd. GBP Shares, BH Global Ltd. USD SharesAGMSBH Global Ltd. GBP Shares, BH Global Ltd. USD Shares, Rio Tinto, Tiszai Chemical Group GDR (Reg S)TRADING ANNOUNCEMENTSE2V Technologies, SABMiller, Energy AssetsUK ECONOMIC ANNOUNCEMENTSBRC Sales Monitor (00:01)Consumer Price Index (09:30)Producer Price Index (09:30)Retail Price Index (09:30)FINAL EX-DIVIDEND DATEIntu PropertiesINTERIM EX-DIVIDEND DATEBarratt Developments, Edge Performance VCT 'H' Shares, GETECH Group, Ingenious Entertainment VCT 1 H Shs, Ingenious Entertainment Vct 2 H Shs, Next Fifteen CommunicationsRD