Level 2

Week ahead: Vodafone, Rolls-Royce, UK GDP among the highlights

By Michele Maatouk

Date: Friday 07 Nov 2025

Week ahead: Vodafone, Rolls-Royce, UK GDP among the highlights

(Sharecast News) - Next week will see the release of the latest UK GDP figures, along with results from the likes of Vodafone, luxury brand Burberry, discount retailer B&M and a trading update from engine maker Rolls-Royce.
Vodafone's half-year results are due on Tuesday. Matt Britzman, senior equity analyst at Hargreaves Lansdown, said the company was heading into the results "with an optics problem".

"Core markets like the UK and Germany have been under pressure, and while turnaround efforts are underway, progress has been slow," he said. "The company has responded with bold moves, job cuts, the completed merger with Three UK, and divestments in Spain and Italy, but investors want evidence these changes are starting to pay off.

"Many welcome the strategic reset, but execution risk remains high. Next week's results need to show improving trends in broadband and mobile, particularly in those core European markets that dragged in the first quarter. With full-year guidance pointing to basically no growth in cash profit (EBITDA), investors will be hoping for something to get excited about."

As far as Rolls-Royce is concerned, HL's Aarin Chiekrie said the update will be closely watched for signs that positive momentum from the first half has been sustained through the third quarter.

"Market forecasts point to full-year underlying revenue growth of around 11% to £19.5 billion, while underlying operating profits are expected to grow at a faster pace of 32% to £3.3 billion," he noted.

On B&M, which is due to report on Thursday, Michael Hewson at MCH Markets, noted: "Not having a great time of it recently the shares slid to record lows last month on the back of a surprise profit warning.

"The surprise revision to their full-year profits guidance which saw a £7m downward revision to its previous forecast for H1, from £198m to £191m was not taken well, with the annual numbers down from £274m a year ago. The group's full year adjusted EBITDA is now projected to be between £470m and £520m, down from £510m to £560m. The error appears to have resulted from the omission of some freight costs.

"All of the other measures that were highlighted in its earlier October statement were left unchanged; however, its CFO Mike Schmidt has stepped down as a result."

3i Group's half-year results are due on Thursday. UBS said investors' main focus will be on the latest NAV per share, as well as total returns, return on shareholder funds and any commentary on the outlook for Private Equity and Infrastructure portfolio performance, in particular for Royal Sanders outside the core asset of Action.

"We expect the main focus for Action to be on its performance since 30-Sep-2025, valuation multiple, unrealised valuation gain and dividends," the bank said.

Dutch retailer Action is 3i's largest portfolio asset.

Other corporate highlights will include a post-close update from Chemring on Monday and interim results from SSE and Qinetiq on Wednesday and Friday, respectively.

On the macroeconomic front, UK third-quarter GDP data will be released on Thursday.



Monday November 10

INTERIMS

Cambridge Nutritional Science, Kainos Group

Q3

Caledonia Mining Corporation (DI)

FINALS

Applied Nutrition , Applied Nutrition

AGMS

Alternative Income Reit , Sunda Energy

Tuesday November 11

INTERIMS

Oxford Instruments

INTERIM DIVIDEND PAYMENT DATE

AIB Group (CDI), Plus500 Ltd (DI)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Budget Statement (US) (19:00)

ZEW Survey (EU) - Economic Sentiment (10:00)

ZEW Survey (GER) - Current Situation (10:00)

ZEW Survey (GER) - Economic Sentiment (10:00)

Q3

Air Astana Joint Stock Company Gdr (Each Repr 4 Com Shs) (Reg S)

GMS

Finsbury Growth & Income Trust

FINALS

AB Dynamics, Abingdon Health , Shearwater Group

SPECIAL DIVIDEND PAYMENT DATE

Plus500 Ltd (DI)

AGMS

GSTechnologies NPV (DI), Made Tech Group , Rainbow Rare Earths Limited NPV, Thor Energy

UK ECONOMIC ANNOUNCEMENTS

Claimant Count Rate (07:00)

Retail Sales (00:01)

Unemployment Rate (07:00)

Wednesday November 12

INTERIMS

Castings, Experian, Motorpoint Group, Picton Property Income Ltd, SSE, Volex

QUARTERLY EX-DIVIDEND DATE

Seplat Energy (DI)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Consumer Price Index (GER) (07:00)

Current Account (GER) (13:30)

MBA Mortgage Applications (US) (12:00)

Q3

Flutter Entertainment (DI)

FINALS

Avon Technologies , Ten Lifestyle Group

SPECIAL EX-DIVIDEND DATE

Seplat Energy (DI)

AGMS

JPMorgan Global Growth & Income, Mothercare, Strategic Equity Capital

TRADING ANNOUNCEMENTS

Alfa Financial Software Holdings , Fuller Smith & Turner, Marshalls

Thursday November 13

INTERIMS

B&M European Value Retail S.A. (DI), ICG, Marks Electrical Group, United Utilities Group

INTERIM DIVIDEND PAYMENT DATE

Coats Group

INTERIM EX-DIVIDEND DATE

Anpario, Bunzl, C&C Group (CDI), London Security, Mincon Group (CDI), Sainsbury (J), Schroder BSC Social Impact Trust, Triple Point Venture Vct, Wynnstay Properties

QUARTERLY EX-DIVIDEND DATE

BlackRock American Income Trust, BP, GSK, ICG Enterprise Trust, NextEnergy Solar Fund Limited Red, Octopus Renewables Infrastructure Trust , Pershing Square Holdings Ltd NPV, Pershing Square Holdings Ltd NPV (USD), The Renewables Infrastructure Group Limited

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Consumer Price Index (US) (13:30)

Continuing Claims (US) (13:30)

Crude Oil Inventories (US) (15:30)

Q3

Atalaya Mining Copper, S.A. (CDI), Endeavour Mining, Integrated Diagnostics Holdings

SPECIAL DIVIDEND PAYMENT DATE

Abrdn Property Income Trust Limited

SPECIAL EX-DIVIDEND DATE

Lancashire Holdings Limited, Sainsbury (J)

AGMS

Fiske, Fonix , Galliford Try, Greatland Resouces Limited (DI), Kier Group, VietNam Holding Ltd

TRADING ANNOUNCEMENTS

Aviva, Convatec Group

UK ECONOMIC ANNOUNCEMENTS

Balance of Trade (07:00)

Gross Domestic Product (07:00)

Index of Services (00:00)

Index of Services (07:00)

Manufacturing Production (07:00)

FINAL DIVIDEND PAYMENT DATE

Abrdn Property Income Trust Limited , Hansard Global

FINAL EX-DIVIDEND DATE

Baillie Gifford Japan Trust, Fidelity Asian Values, Fidelity Emerging Markets Limited Ptg NPV, International Paper Comapny (DI), James Halstead, New Star Investment Trust, SThree

Friday November 14

INTERIMS

Land Securities Group

INTERIM DIVIDEND PAYMENT DATE

Animalcare Group, FDM Group (Holdings), Kingfisher, Likewise Group, Maven Renovar Vct , Senior, Spirax Group, Taylor Wimpey

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Balance of Trade (EU) (10:00)

Business Inventories (US) (15:00)

GDP (Preliminary) (EU) (10:00)

Import and Export Price Indices (US) (13:30)

Retail Sales (US) (13:30)

Wholesale Price Index (GER) (07:00)

Q3

Amaroq Ltd. Npv (DI)

SPECIAL DIVIDEND PAYMENT DATE

JPMorgan Emerging Markets Inv Trust, Maven Renovar Vct

AGMS

DFS Furniture, Ferro-Alloy Resources Limited NPV, MJ Gleeson

FINAL DIVIDEND PAYMENT DATE

Barratt Redrow, Fiske, Gateley (Holdings) , JPMorgan Emerging Markets Inv Trust

..

Email this article to a friend

or share it with one of these popular networks:


Top of Page