Friday preview: UK public sector borrowing, Ceres Power in focus
Investors' focus at the end of the week will remain trained on the UK.
Alternative Energy
0.00
15:10 16/09/24
Ceres Power Holdings
62.55p
17:10 25/03/25
FTSE All-Share
4,676.87
17:04 25/03/25
FTSE Small Cap
6,644.90
16:39 25/03/25
Overnight, consultancy GfK will release the results of its consumer confidence survey for the UK in March.
Later, at 0600 BST, the Office for National Statistics will publish public sector net borrowing statistics for February.
Ceres Power will release its full-year numbers on Friday.
UBS analyst Christopher Leonard is anticipating updates on the development of its partners Doosan, Delta and Denso.
But the focus will be on if the fuel cell technology and engineering company has more opportunities in the pipeline that will offset the loss of Bosch in 2026 and beyond, he said.
Another point of interest was expected to be data centre demand, given momentum in the US market for Solid Oxide fuel cell technology.
So too any information regarding the strategy around the sale of Bosch's 17.4% stake.
His estimate for 2024 revenues stood at roughly £54m, versus £56m for the consensus.
Friday 21 March
INTERIMS
Wetherspoon (J.D.)
INTERIM DIVIDEND PAYMENT DATE
Heath (Samuel) & Sons
QUARTERLY PAYMENT DATE
Pershing Square Holdings Ltd NPV, Pershing Square Holdings Ltd NPV (USD)
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Current Account (EU) (09:00)
FINALS
Ceres Power Holdings
ANNUAL REPORT
Coca-Cola Europacific Partners (DI)
AGMS
Faron Pharmaceuticals Oy (DI), HSBC Holdings
UK ECONOMIC ANNOUNCEMENTS
GFK Consumer Confidence (00:01)
Public Sector Net Borrowing (07:00)
FINAL DIVIDEND PAYMENT DATE
easyJet, Hercules Site Services , Impax Asset Management Group, Ramsdens Holdings