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FTSE-100 software giant AVEVA reports Thursday


The week ahead

AVEVA Group plc (LON: AVV), which provides engineering and industrial software, reports its interim results on Thursday. In its trading update last month it said it expects to report first-half revenue of about £333mln, which reflects an organic constant currency revenue decline of 7%. This was broadly in-line with the group’s plan for the shape of the year. The company said the order pipeline for the remainder of the financial year was strong and it expected to see solid revenue growth in the second half.

Some focus will be on how the outlook has shifted in light of the COVID-19 second wave and subsequent lockdowns. AVEVA announced the proposed acquisition of California-based OSIsoft in August for an enterprise value of US$5 billion and we will be looking for commentary on how the deal is progressing.

Small-cap Seeing Machines Ltd (LON:SEE) has reported final results today and Proactive is hosting a results webcast on the Proactive website. 

Across the pond, technology-related businesses expected to report earnings this week include ON Semiconductor, Cirrus Logic, Rambus, Skyworks, ANSYS, Scientific Games, GoDaddy, Qualcomm, Qualys, Zynga, Paycom, Paylocity, Cloudflare, GoPro, Microchip, Yelp, Bigcommerce, HubSpot, MACOM Technology, Sailpoint Technologies, Viavi Solutions, Kronos and Upland Software.  

Source: Data from regulatory news and company websites
        Date Company Event Period ending
02-Nov Seeing Machines Final results 30-Jun
05-Nov AVEVA Interim results 30-Sep
10-Nov ZOO Digital Interim results 30-Sep
16-Nov Kainos Interim results 30-Sep
17-Nov Dotdigital Final results 30-Jun
17-Nov Redcentric Interim results 30-Sep
23-Nov Cerillion Final results 30-Sep
23-Nov SysGroup Interim results 30-Sep
24-Nov CML Microsystems Final results 30-Sep
24-Nov Eckoh Interim results 30-Sep
Nov Tracsis Final results 31-Jul
Late-Nov Shearwater Interim results 30-Sep
Late-Nov D4T4 Interim results 30-Sep
Late Nov Alpha Financial Markets Interim results 30-Sep
08-Dec GB Group Interim results 30-Sep


FTSE 100 set for a cautious start as traders await the result of Tuesday’s tighter than expected US

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