
- Growing pains on the horizon for Alibaba
- easyJet eyes full-year growth despite headwinds
Alibaba, Half Year Results, Tuesday 25 November
Derren Nathan, head of equity research, Hargreaves Lansdown:
“Alibaba approaches its second-quarter earnings with impressive momentum in its Cloud Intelligence unit. It posted 26% growth in the first quarter helped by triple-digit gains in AI-related revenues. The critical question is whether these emerging segments can compensate for ongoing pressure in its core Chinese ecommerce business.
Revenue is expected to rise only 3% this quarter, with heavy spending on AI infrastructure poised to squeeze profits further. That’s also driven free cash flow into negative territory, and with over $53 billion committed to the build out over the next three years it may stay that way for some time.”

easyJet, Full Year Results, Tuesday 25 November
Aarin Chiekrie, equity analyst, Hargreaves Lansdown:
“easyJet is all set to release its full-year results next week following a robust third quarter performance that saw pre-tax profits surge 21% to £286 million, driven by higher revenues and lower average fuel costs. The group expects good profit growth for the full year, with consensus pointing to a 12% uplift in operating profits to £0.7 billion.
Analysts are expecting to hear that strong momentum in its package holiday arm has continued. Revenues here have been growing at high double-digit rates, and pre-tax profits are now expected to make up around one third of the group’s total. But the company has previously flagged concerns about disruptions from the French Air Traffic Controllers’ strike, as well as a recent uptick in fuel prices that could impact final figures.”
Among those currently scheduled to release results next week:
| 24-Nov | |
| No FTSE 350 Reporters | |
| 25-Nov | |
| Alibaba* | Q2 Results |
| AO World | Half Year Results |
| Beazley | Q3 Trading Statement |
| Caledonia Investments | Half Year Results |
| Compass Group | Full Year Results |
| Cranswick | Half Year Results |
| easyJet* | Full Year Results |
| Intertek | Q3 Trading Statement |
| Kingfisher | Q3 Trading Statement |
| Molten Ventures | Half Year Results |
| Telecom Plus | Half Year Results |
| 26-Nov | |
| Hill & Smith | Trading Update |
| Pets at Home | Half Year Results |
| Sequoia Economic Infrastructure | Half Year Results |
| 27-Nov | |
| Pennon Group | Half Year Results |
| Safestore Holdings | Q4 Trading Statement |
| 28-Nov | |
| Foresight Environmental Infrastructure | Half Year Results |
*Events on which HL will be updating investors



