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Wednesday preview: Paragon Banking, Inditex results in focus

Tue 02 December 2025 09:47 | A A A

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(Sharecast News) - Wednesday will see the release of full-year results from Paragon Banking and Victorian plumbing, interim results from Zigup, and a trading statement from Moneysupermarket.

As far Paragon is concerned, Bloomberg consensus is for net income of 198.7m, Common equity Tier 1 ratio of 13.7%, statutory pre-tax profit of 273.7m and a net interest margin of 3.07%.

In Europe, results are due from Zara, Massimo Dutti and Bershka owner Inditex.

In a research note on Tuesday, Berenberg - which rates the shares at 'buy'- said it expects Inditex to benefit from a number of sales growth drivers, both into and beyond the company's Q3 results on Wednesday.

"These growth drivers include the growing prevalence of the use of GLP-1 agonist drugs, which necessitate the purchasing of smaller clothing sizes and provide consumers with greater confidence to invest in their appearance," it said.

"Other sales drivers comprise cost-of-living pressures, encouraging consumers to trade down to mass market fashion retailers from aspirational brands, and the strength of southern European economies, notably Spain and Portugal."

Berenberg said its Q3 sales and profit estimates are slightly below consensus, but it is "optimistic that sales and profits could meet consensus estimates".

In the US, quarterly results from will be released by Salesforce, Snowflake and department store chain Macy's.

Wednesday December 03

INTERIMS

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INTERIM DIVIDEND PAYMENT DATE

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INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Crude Oil Inventories (US) (15:30)

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

ISM Prices Paid (US) (15:00)

ISM Services (US) (15:00)

MBA Mortgage Applications (US) (12:00)

PMI Composite (EU) (09:00)

PMI Composite (GER) (08:55)

PMI Composite (US) (14:45)

PMI Services (EU) (09:00)

PMI Services (GER) (08:55)

PMI Services (US) (14:45)

GMS

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FINALS

Paragon Banking Group, Victorian Plumbing Group

AGMS

450, Cordel Group, Pensana, Schroder Oriental Income Fund Ltd.

UK ECONOMIC ANNOUNCEMENTS

PMI Composite (09:30)

PMI Services (09:30)

FINAL DIVIDEND PAYMENT DATE

Kier Group, Wilmington

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