Wednesday preview: Mitchells & Butlers, Speedy Hire, ICAP

18th May 2010 16:14

Pub group Mitchells & Butlers recently decided to concentrate on its core food brands after a strategic review. Broker KBC upgraded its FY2010E pre-tax to £155m and EPS to 27p, and FY2011E to £180m/31p on the back of the review.Plant hire specialist Speedy Hire's will report its year-end figures on Wednesday. Preliminary results are expected to reveal an adjusted loss of £5m, EBITDA of £73.4m and £353m of sales.Charles Stanley expects credit checking firm Experian to post higher profits of $886m compared with $843m last time. Investors will watch out for the group's UK operations, where revenues fell in the six months ended March.ICAP's full year results announcement is also due on Wednesday. Charles Stanley anticipates a slight drop in net income to £303m from £346m.The same broker sees a rise in Scottish & Southern Energy's full-year profits to £1.3bn from £1.25bn.INTERIMS Mitchells & Butlers INTERIM EX-DIVIDEND DATE Baronsmead VCT 2, Bellway, Diploma, Euromoney Institutional Investor, Noble Investments, WH Smith QUARTERLY EX-DIVIDEND DATE Carnival INTERNATIONAL ECONOMIC ANNOUNCEMENTS Consumer Price Index (US) (13:30) Crude Oil Inventories (US) (15:30) FOMC Interest Rate Minutes (US) (19:00) MBA Mortgage Applications (US) (12:00) FINALS Blinkx, Experian Group, Green Compliance, ICAP, Land Securities Group, Melorio, Scottish & Southern Energy, UK Mail Group, Speedy HireIMSS Bisichi Mining, Capital & Regional, Charles Taylor, Chaucer Holdings, CPP Group, Ricardo Group, Spectris AGMS Adventis Group, ANT, Arena Leisure, Aseana Properties Trust, Autoclenz, Axis-Shield, Chaucer Holdings, Churchill China, Cryo-Save Group, Dunedin Income Growth Inv Trust, Ferrexpo, Galiform, Gartmore Group , Graphite Enterprise Trust, ICB Financial, Impellam Group, Mercantile Inv Trust, ProStrakan, Prudential, Spectris, Woburn Energy, Woburn Energy, Xaar UK ECONOMIC ANNOUNCEMENTS BoE Interest Rate Minutes (09:30) FINAL DIVIDEND PAYMENT DATE ARM Holdings, Mondi, Serco Group FINAL EX-DIVIDEND DATE Bloomsbury Publishing, Capital Shopping Centres Group, Cello Group, Cryo-Save Group, Derwent London, Home Retail Group, Kentz Corporation, Morgan Crucible, Panther Securities, Robinson, Sainsbury (J), Shed Media, SQS Software Quality Systems, Stobart Group Ltd., ToLuna, Wellstream Holdings Q1 New World Resources