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Three things you need to know in the financial markets this morning from investment writer, Tony Cross.

Dunelm

There’s a good set of interims out from Dunelm [LON:DNLM] this morning with meaningful improvements in both margins and revenues being recorded. The third quarter has started well, too, leading management to offer investors a 6.7% increase in the dividend. The current run rate is such that full year profit forecasts are now expected to come in slightly above previous expectations.

Babcock International

Babcock [LON:BAB] has published a trading update this morning covering the first nine months of the year. The company needs to be applauded for the clarity of the layout, stating explicitly where previous guidance sat on the key metrics and comparing that against the latest thoughts. Beyond that there’s nothing much to note – operating profits are expected to come in at the bottom end of the previously stated range, whilst the order book and pipeline remain at a record level.

Arbuthnot Banking

Arbuthnot Banking [LON:ARBB] has issued a pre-close trading statement today, ahead of full year results due at the end of next month. Profits are expected to come in at the upper end of the previously stated range, with the decisive result in last year’s general election having helped bolster confidence across the market.

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Please note this article does not constitute investment advice. Investors are encouraged to do their own research beforehand or consult a professional advisor.

Tony Cross

Tony Cross

Tony Cross is a market commentator with over 15 years of experience, producing compelling, insightful copy for journalists and investors alike. Focusing on macroeconomics, UK blue chip equities and inter market analysis, Cross's commentary is well regarded for its clarity and ability to cut through the waffle. He has been quoted in publications as diverse as The Financial Times, The Times, The Guardian and The Sun. He has also been a regular guest on both Share Radio and TipTV.

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