Our regular look at the FTSE 350 and other companies reporting from 11 – 15 August.
- Will Persimmon’s strong start point to a robust second quarter?
- Could Easter timing boost TUI’s Q3?
- Aviva enters a new chapter as Direct Line deal closes
Persimmon, Half Year Results, Wednesday 13 August
Aarin Chiekrie, equity analyst, Hargreaves Lansdown: Persimmon LON:PSN got off to a strong start this year, supported by a growing order book and rising average selling prices. Sales rates also ticked slightly higher, pointing to a recovery in buyer confidence. Markets are keen to see if this positive momentum continues over the rest of the first half when it reports next week.
Recent housing market data has also been encouraging, showing that prices have started to rise again following a brief dip in April. Demand for new homes remains strong, underpinned by a persistent supply shortage across the UK.
Government efforts to reform the national planning framework are beginning to make a difference, easing some of the long-standing obstacles facing homebuilders. If this momentum continues throughout 2025, the group expects full-year completions to land between its guidance of 11,000 and 11,500 new homes.
TUI, Q3 Results, Wednesday 13 August
Aarin Chiekrie: TUI [LON:TUI] heads into next week’s results following a mixed second quarter, which was impacted by the timing of Easter. This timing shift is expected to work in the company’s favour in the upcoming quarter, providing a positive boost to numbers. Although summer booking patterns reported in May showed some softness in Germany, management has been clear that this was a timing issue rather than a sign of underlying weakness in the region.
Despite ongoing cost-of-living challenges and economic uncertainties, the overall outlook for European package holidays remains encouraging. Management’s commentary also supports expectations for a strong summer season, reflecting the resilience of European consumers.
Analysts are optimistic about the third quarter, forecasting revenue growth of around 6.7% to €6.2 billion. Operating profits are set to rise at a faster pace of around 12% to €500 million, which is ahead of the 7-10% full-year target.
Aviva, Half Year Results, Thursday 14 August
Matt Britzman, senior equity analyst, Hargreaves Lansdown: Next week’s half-year results will be Aviva’s LON:AV. first set following the recently completed acquisition of Direct Line. This was its latest well-targeted acquisition, helping reduce the reliance on capital-intensive business. Analysts will be looking for updates on the integration and any details on future distribution plans after the annual buyback was paused while the deal was completed.
FTSE 100, FTSE 250 and selected other companies scheduled to report
| Monday 11-Aug | |
|---|---|
| Diversified Energy Company LON:DEC | Half Year |
| Marshalls LON:MSLH | Half Year |
| Plus500 LON:PLUS | Half Year |
| Tuesday 12-Aug | |
| US-CPI, UK-Claimants | |
| Atalaya LON:ATYM | Half Year |
| Bellway LON:BWY | Trading |
| Derwent London LON:DLN | Half Year |
| Entain LON:MSLH | Half Year |
| Genuit LON:GEN | Half Year |
| Marshalls LON:MSLH | Interims |
| PageGroup LON:PAGE | Half Year |
| Spirax LON:SPX | Half Year |
| Xaar LON:XAR | Interims |
| Zoo Digital LON:ZOO | Finals |
| Wednesday 13-Aug | |
| GER-CPI | |
| Balfour Beatty LON:BBY | Half Year |
| Beazley LON:BEZ | Half Year |
| Evoke [LON:EVOK] | Interims |
| Hill & Smith LON:HILS | Half Year |
| Persimmon LON:PSN | Half Year |
| TUI [LON:TUI] | Q3 |
| Winking Studios [LON:WKS] | Interims |
| Thursday 14-Aug | |
| EU-Industrial Production, UK-Balance of Trade, UK-GDP | |
| Antofagasta LON:ANTO | Interims |
| Admiral LON:ADM | Half Year |
| Aviva LON:AV. | Half Year |
| CAB Payments [LON:CABP] | Interims |
| Capital Limited LON:CAPD | Interims |
| ITM Power LON:ITM | Finals |
| MHA [LON:MHA] | Finals |
| Rank LON:RNK | Q4 |
| Savills LON:SVS | Half Year |
| Friday 15-Aug | |
| US-Retail Sales | |
| OSB LON:OSB | Interims |
