Among those companies due to report numbers on Thursday is Ladbrokes and Sportingbet owner Entain PLC (LON:ENT), which is scheduled to report a week after flagging that the completion of recent acquisitions of European operators Bet.pt and Enlabs.
These moves see the sports betting and gaming group enter four new regulated European markets, bringing the total to 27 countries globally, as part of its plans to have 100% revenue coming from fully regulated markets by 2023.
As well as these expansion plans, investors will be keen to hear about how existing online operations are compensating for the lockdown closure of its bookmakers shops and other restrictions across its various markets, as well as thoughts on the outlook for 2021.
ASOS struts its stuff
In a trading update for the four months to end-December, the online fashion retailer reported a 24% jump in sales, so with shops remaining shuttered in the final two months of the half-year period the strong performance has every chance of having continued.
However, with the UK’s restrictions starting to ease as the pandemic subsides, there will be plenty of attention on management commentary about how the company expects to perform in the post-COVID environment as competition from physical retail stores returns.
Also in focus will be the integration of the Topshop, Topman, Miss Selfridge and HIIT brands snapped up from the collapse of Philip Green’s Arcadia retail empire, having already flagged £20mln in costs which will eat into profits in its current year.
Dunelm eyed for outlook ahead of reopening
The company warned in February that sales in the latest quarter were being affected by the UK’s lockdown measures.
With the opening-up of the high street next week, shareholders will be hoping for a more upbeat assessment of the months ahead.
On the upside, the group’s digital sales have been performing strongly during the pandemic, so the firm will be hoping to retain a chunk of this new business in a bid to boost its performance once its store trading resumes.
Significant announcements expected on Thursday April 8:
FTSE 100 ex-dividends to knock 3.96 points off the index: Aviva PLC (LON:AV.), DS Smith PLC (LON:SMDS), Smurfit Kappa Group plc (LON:SKG), Mondi PLC (LON:MNDI), Rentokil Initial PLC (LON:RTO), Smiths Group PLC (LON:SMIN)
Economic data: UK construction PMI, US jobless claims,