Micro Focus International plc (MCRO), Home Retail Group Plc (HOME): 5 FTSE Dates for Your June Diaries

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In its third-quarter update in February, Micro Focus International plc (LON:MCRO) told us that earnings were going to be in-line with market expectations for the full year, so we really shouldn’t be getting any surprises.

Thursday June 20, Dixons
It’s full-year results time for Dixons Retail PLC (LON:DXNS) on 20 June, and a trading update released on 16 May told us of a “strong performance across the year,” as the company progresses with an impressive turnaround. And that has helped the share price to nearly triple over the past 12 months, to 41.5 pence.

Originally slow to embrace online retailing, Dixons Retail PLC (LON:DXNS) told us that multi-channel like-for-like sales up were 7% for the full year, and 11% for the final quarter. Strong cash generation has enabled Dixons to end the year in a net cash position. Forecasts suggest 9% earnings growth this year, and 75% next year — and I wouldn’t bet against it.

Thursday June 20, Ashtead
The same day will bring us annual results for Ashtead Group plc (LON:AHT), the firm that supplies rental equipment to construction and other businesses in the U.S. and the U.K. And if you want to see a healthy share price growth, look no further — Ashtead Group plc (LON:AHT) shares are up 180% over the past 12 months, to 640 pence, and have more than six-bagged since August 2011.

There’s a 75% rise in earnings forecast for the year to April, and at third-quarter time, everything was up nicely — revenue up 19%, underlying pre-tax profit up 85%, and underlying earnings per share up 83%.

The article 5 FTSE Dates for Your June Diaries originally appeared on Fool.com and is written by Alan Oscroft.

Alan Oscroft does not own any shares mentioned in this article. The Motley Fool recommends Micro Focus International plc (LON:MCRO).

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