Tuesday preview: Moss Bros' online offering in focus as it reports full year results

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Sharecast News | 04 Apr, 2016

Updated : 16:06

Moss Bros Group reports its 2015 preliminary results on Tuesday with analysts expecting an increase in earnings compared to the previous year.

The City has pencilled in full year pre-tax profits of £5.8m, up from £4.8m in 2014. Revenue is forecast to rise to £123.1m from £114.7 the prior year, driven by online sales.

In a trading update in January, the company said e-commerce sales had risen 32.7% year-on-year in the 49 weeks to 9 January.

“We continue to see good growth and e-commerce sales now comprise 10% of group revenue,” the company said.

Analysts will be looking to see how the company tackles the trend towards online retail, away from high street sales. They will also be closely scrutinising the group’s formal suit hire business following two tumultuous years.

In February, the company announced the appointment of Tony Bennett as new finance director and Paula Minowa as chief operating officer to help “leverage the Moss Bros brand further in new channels and new territories”. Bennett is not due to join until August but Minowa started early last month.

Tuesday 05 April

INTERIM DIVIDEND PAYMENT DATE
Carclo, Digital Globe Services Ltd (DI), Hays, Numis Corporation, Thorpe (F.W.)

QUARTERLY PAYMENT DATE
Barclays

QUARTERLY EX-DIVIDEND DATE
JP Morgan Chase & Co

INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Balance of Trade (US) (13:30)
Factory Orders (GER) (07:00)
ISM Non-Manufacturing (US) (15:00)
PMI Composite (EU) (09:00)
PMI Composite (US) (14:45)
PMI Services (EU) (09:00)
PMI Services (GER) (08:55)
PMI Services (US) (14:45)
Retail Sales (EU) (10:00)

FINALS
AA , Card Factory, Hostelworld Group , Instem, Instem, Keywords Studios, Martinco , Moss Bros Group, Silence Therapeutics, Thalassa Holdings Ltd. (DI), Union Jack Oil

ANNUAL REPORT
Menzies(John)

SPECIAL DIVIDEND PAYMENT DATE
Thorpe (F.W.)

AGMS
PJSC LSR Group GDR (REG S), Primary Health Properties

TRADING ANNOUNCEMENTS
Electrocomponents, International Consolidated Airlines Group SA (CDI)

UK ECONOMIC ANNOUNCEMENTS
BRC Sales Monitor (00:01)
PMI Services (08:30)

FINAL DIVIDEND PAYMENT DATE
Apax Global Alpha Limited , Computacenter, LondonMetric Property, Maintel Holdings, Rights & Issues Inv Trust Capital Shares, Rights & Issues Inv Trust Income Shares, Scottish American Inv Company

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