The week ahead
In the UK, Cerillion PLC (LON:CER) reported its interim results ending March today, while First Derivatives plc (LON: FDP) reports its final results, ending February, tomorrow. Also, Blue Prism Group PLC (LON:PRSM) released a trading update today and is holding a virtual event for investors this afternoon, ahead of its three-day Blue Prism World virtual customer forum which begins tomorrow. The virtual event for investors “customer day” will provide a deep dive into the group’s ecosystem of customers and partners via a combination of panel and keynote sessions.
First Derivatives, the global technology provider, announces its final results tomorrow. In its trading update in mid-April, it said that it traded in line with market expectations in the year just ended, generating revenue of £238mln and adjusted EBITDA of £40mln. Net debt at the period end was £10mln, which is better than analyst forecasts and down from the group’s net debt of £49mln a year ago. The improvement in net debt is primarily driven by strong operating cash conversion, supplemented by the partial sale of the investment in Quantile Technologies for cash consideration of £11mln. The group has seen a number of management changes recently, with Ryan Preston promoted to Chief Financial Officer, Scott Matthews appointed Chief Executive Officer for MRP, the group’s predictive intelligence business and Eric Raab appointed Chief Technology Officer for KX, the group’s analytics software business.
Across the pond, it is quiet on the corporate earnings side, with some companies with quarterly period ends ending April, with Cisco the highlight, reporting its third-quarter numbers on Wednesday. Among the tech-related companies expected to report include Youdao, Analog Devices, Baidu, Baozun, Kingsoft Cloud, Cisco Systems, Synopsys, Keysight Technologies, Applied Materials and Palo Alto Networks.
|18-May||First Derivatives||Final results||28-Feb|
|18-20 May||Blue Prism||Blue Prism World|
|24-May||Cloudcall||AGM trading udpate|
|26-May||Oxford Metrics||Interim results||31-Mar|
|Late May/E June||Bytes Technology||Final results||28-Feb|
|Early June||Trackwise||Final results||31-Mar|
|Week off 14/6||SEEEN||Final results||31-Dec|
|15-Jun||CML Microsystems||Final results||31-Mar|
|15-Jun||GB Group||Final results||31-Mar|
|18-Jun||Blue Prism||Interim results||30-Apr|
|24-Jun||Alpha FMC||Final results||31-Mar|
|01-Jul||AVEVA||Capital markets day|
|Early July||AdEPT Technology||Final results||31-Mar|
|Approx 22/7||Ideagen||Final results||30-Apr|
|29-Jul||SRT Marine||Final results||31-Mar|
|July||Access Intelligence||Interim results||31-May|
|Late summer||GRC||Final results||31-Mar|
Source: Data from regulatory news and company websites