Other firms in the post-Bank Holiday calendar include housebuilder Barratt, ticket platform Trainline and Holiday Inn owner IHG
The shorter week following the Bank Holiday will still manage to cram in announcements firm a number of London’s big hitters across the retail, travel and media spaces.
Meanwhile, there will also be some macro news for investors to keep an eye on as the makes its latest decision on interest rates, while the end of the week will bring the all-important US non-farm payroll data.
Boohoo hopes for tears of joy after bumper year
Wednesday will see final results from online fashion chain (), capping off what has been a boom year for the firm as the pandemic and lockdown forced shoppers to opt for its online offering as high street clothing outlets shuttered.
However, the firm has not had a perfectly smooth ride over the last 12 months after being forced to battle a supply chain scandal relating to working conditions at its factories in Leicester. While the issue appears not to have put off consumers, the company will likely be making a big deal out of its governance overhaul and efforts to make sure similar issues don’t crop up in the future.
With this in mind, investors are likely to keep an eye on any updates from boohoo’s ongoing supply chain review as well as what the UK’s third lockdown did for sales at the start of the year.
The outlook will also be crucial as lockdown eases and the firm faces the challenge of integrating the remnants of the collapsed Arcadia empire and as well as Debenham’s into its offering.
Investors turn over to ITV
A trading statement from () on Wednesday may well be the only media release this month not to mention “Line of Duty”, the hit series from the BBC.
The focus will be on advertising growth, with Barclays estimating that over the whole year the broadcaster should see revenues rise by 8% from a year earlier.
In its results for 2020, ITV reported that total external revenue was…