Monday 1 August
Interims: GlobalData, Hutchmed, RHI Magnesita, Spectris
Tuesday 2 August
Interims: BP, Braveheart Investment, Fresnillo, Greggs, Keller, Rotork, Travis Perkins
Finals: NWF
AGMs: Caffyns, Syncona, Tanfield
Rising commodity prices have made life tough for those in the building supplies trade, as witnessed by the latest update from Travis Perkins(TPK)' spin out Wickes (WIX) in a trading update last week in which it said softening demand for DIY projects would lead to lower annual profits. Intriguingly in Wickes's statement, weakness in DIY has been offset by relatively strong trading in its trade and 'Do It For Me' segment, with similar reports from smaller building materials distributor Lords (LORD) which reported 20% sales H1 growth earlier this week alongsidea 33% increase in EBITDA. We'll see this week if a strong building trade has also insulated Travis from the weakening consumer.
Wednesday 3 August
Interims: Endeavour Mining, Ferrexpo, IP Group, LSL Property Services, Taylor Wimpey
Finals: Van Elle
AGMs: Block Energy, D4T4 Solutions, Edenville Energy, JZ Capital Partners, Molten Ventures, Scirocco Energy
Thursday 4 August
Trading updates: Next, Sanderson Design
Interims: ConvaTec, Evraz, Glencore, Gym Group, Hikma Pharmaceuticals, Mears, Mondi, Morgan Sindall, Spirent Communications
Finals: Revolution Beauty
AGMs: Clontarf Energy, Investec, Starcrest Education, STM
Friday 5 August
Trading updates: Pets At Home
Interims: FBD Holdings, WPP
Finals: Hargreaves Lansdown
AGMs: Petrel Resources, Verditek
It's been a horrible year for the UK's biggest retail investment platform Hargreaves Lansdown (HL.). Having had the market to itself for a long time, rivals like interactive, IG, Vanguard and AJ Bell are cranking up the pressure, cutting prices and improving customer service. Hargreaves is still growing its customer base, but at a drastically slower pace, and plans to spend £175m over the next five years shoring up its business against growing competitive threats that have seen the shares lose two-thirds from their late 2019 peaks. Weak markets are wreaking havoc on assets under management, and it's unlikely there will be much improvement to show in these numbers, which run until the end of June 2022.