UK UPDATES OVER THE NEXT 7 DAYS

FULL-YEAR RESULTS

13 March: Direct Line Insurance, HGCapital Trust, Phoenix, MTI Wireless

14 March: Gresham Technologies, Midwich, Genuit, Yu Group

15 March:

Prudential, Keywords Studios, 4Imprint Group, Ferrexpo, Advanced Medical Solutions, Foresight Solar, Balfour Beatty, Marshalls.

16 March: Empiric Student Property, OSB, Bridgepoint, TI Fluid Systems, Rentokil Initial, Deliveroo, Gem Diamonds, Savills, Centamin, Restore, The Gym Group.

HALF-YEAR RESULTS

13 March: Nightcap

14 March:

Litigation Capital Management, Eagle Eye Solutions, Close Brothers, Virgin Wines UK

16 March: Gelion

TRADING UPDATES

16 March: Investec, Halma

Can the insurer win back the market’s support after dividend fiasco?

Having paid out over £1.5 billion to shareholders in the last decade, including during the pandemic, Direct Line (DLG) was a well-liked and widely-owned stock. However, after dropping a bombshell in January with the news it was pulling its dividend in order to rebuild its balance sheet, Direct Line has a mountain to climb to win back the market’s confidence this month.