Tuesday preview: Pennon, Ryanair, Kingfisher

1st Jun 2009 16:40

There has been a stream of announcements from water companies in the last few days and Tuesday sees Pennon add to the torrent.Market consensus on pre-tax profit is £155m on revenue of £964m. The full-year dividend is expected to be raised to 20.42p from 19.81p the year before. An update on bad debts could be provided, though this is likely to be less of a problem for Pennon than many of its peers as it has a lower dependence on revenue from industrial customers. No frills airline Ryanair announces full year figures which the media is certain to contrast with the poor figures released by British Aiways. That assumes, of course, that Ryanair makes good on its prediction of making profits of between €50m and €80m. INTERIMSEducation Development InternationalQUARTERLY EX-DIVIDEND DATEAddax PetroleumFINALSGB Group, Intermediate Capital Group, KCOM Group, Penna Consulting, Pennon, Ryanair, Tangent Communications, UmecoEGMSWPP GroupAGMSAmbrian Capital, Aseana Properties Trust, Augean, Property Recycling GroupFINAL DIVIDEND PAYMENT DATEHikma PharmaceuticalsTRADING ANNOUNCEMENTAshley (Laura), KingfisherUK ECONOMIC ANNOUNCEMENTSNet Consumer Credit (09:30)Net Lending Secured on Dwellings (09:30)Mortgage Approvals (09:30)M4 Money Supply (09:30)PMI Construction Survey (09:30)INTERNATIONAL ECONOMIC ANNOUNCEMENTSPending Home Sales (US)