The mauled tourist industry will get a clearer idea this week of how big an impact the September 11th attacks on the US have had and are likely to have in the next year, with reports from holiday group and travel agency Airtours and Air France.
Following the events of September 11th, the market will be looking for confirmation that Airtours is able to control its capacity and that, even if bookings fall substantially, margins can be maintained, when it reports full-year figures tomorrow. Pre-tax profits for the group, which has three operations in Ireland, are forecast to come in at £130 million sterling (€209 million) - nearly double the £70.1 million reported last time - and coming after a year of considerable recovery as capacity has been restrained and margins restored.
The plight of European airlines is likely to be highlighted by interim figures from Air France, also tomorrow. Again, the focus of analysts will be on the company's view going forward.
Monday
Results: Cambridge Antibody Tech, Care UK, Fountains, Imperial Tobacco, Merchant Retail Group (H1), Parkman Group (H1), Prelude (H1), Scipher (Q3), Trifast Group (H1), Workspace (H1).
A.G.M.: Commerzbank, Horizon Technology, Murray TMT, RTS Networks (e.g.m.).
Meetings: Tom Peters management seminar (Burlington Hotel, Dublin); Telework Ireland annual conference (Galway Bay Golf and Country Club); Fifth annual symposium on internet gambling law and management (Shelbourne Hotel, Dublin).
Indicators: EMU consumer prices (Oct); British services index (Oct), industrial production (Sep), manufacturing production (Sep) and M0 data (Oct).
Others: OECD publishes economic survey for Britain; Tβnaiste Ms Harney introduces Corporate Governance Guidelines for Small Business.
Tuesday
Results: Ahold (Q3), Air France (H1), Airtours, Countryside Properties, Enterprise Inns, Grantchester, Jarvis (H1), John David Sports (H1) London Merchants (H1), Nord Anglia Education, Orchestream (Q3), SHL Group, Standard Life, Wynnstay.
A.G.M.: LA Fitness, London & St Lawrence, White Young Green.
Meetings: Irish ProShare Association annual conference (Dublin Castle).
Indicators: EMU business, consumer and economic sentiment (Oct), producer prices (Sep), unemployment rate (Sep), and composite and services indices (Oct); Irish external trade (Aug); German unemployment rate (Oct) and services index (Oct); French consumer confidence (Oct), quarterly business survey (Oct) and services index (Oct); Italian services index (Oct).
Others: OECD publishes economic survey for US; Britain's Chancellor of the Exchequer, Mr Gordon Brown, makes annual pre-Budget report to parliament; Tesco releases sales figures; Tβnaiste Ms Harney launches new office of Director of Corporate Enforcement.
Wednesday
Results: Allders, Anglo Irish Bank, Asset Management Investment, AWG (H1), Bristol Water Holdings (H1), Cadbury Schweppes (Q3), Deutsche Telekom (Q3), First Prop Online (H1), Get Group, Granada, Maelor (H1), Merrydown (H1), Trintech (Q3), United Utilities (H1), Vtech (H1).
A.G.M.: Baillie Gifford Japan, Chesterton Intl, Elite Strategies, Latchways (e.g.m.), Merant.
Meetings: Scottish provident euro seminar (Berkeley Court Hotel, Dublin); Irish Association of Pension Funds seminar on "The Global Economy and Ireland - Implications for Pension Fund Investment" (Burlington Hotel, Dublin); Foundation for Fiscal Studies seminar on whether tobacco taxes influence the start and quitting of smoking (Newmann House, Dublin); Zeriously evening (The Sugar Club, Dublin).
Indicators: EMU business climate indicator (Sep) and retail sales (Aug); Irish quarterly national accounts (Q2) and quarterly national household survey (Q3); German industry orders (Sep).
Others: IBEC unveils "A Strategic Vision for the Information and Communications Technology Sector in Ireland 2002-05".
Thursday
Results: Applied Optical Technology (H1), Atkins (WS) (H1), Barnes & Noble (Q2), BPB (H1), British Land (H1), Business Post Group (H1), Castings (H1), Comeleon, Compco Holdings (H1), Euromoney Institutional Investments, GUS (H1), Harvey Nichols (H1), ICAP (H1), Iceland (H1), Innogy (H1), Lonmin, Novell, Plasmon (H1), Preussag (Q3), Reneuron Holdings (H1), Signet (Q3), Speedy Hire (h1), Synstar (H1), T-Online (Q3), Universal Salvage (H1)
A.G.M.: Enic, Invesco Convertible, Kvaerner (e.g.m.), Virotec.
Meetings: Institute of Directors conference on corporate governance (Dublin Castle); Davy Irish Healthcare conference (London).
Indicators: EMU GDP (Q2); German industrial production and manufacturing production (Sep);
Others: OECD publishes France economic survey; Friends First publishes outlook for the Irish economy in 2002.
Friday
Results: Cardiff Property, NewMedia Spark (H1), Osborne & Little (H1), Wolverhampton & Dudley (H1)
A.G.M.: Aero Inventory, Amberley group (e.g.m.), Headway, Knowledge Technology, Waterman Partnership.
Meetings: Federation of Industries of the State of Rio de Janiero roadshow (Jurys Hotel, Dublin).
Indicators: Irish industrial turnover (Aug); German consumer prices (Oct) and retail sales (Sep).
Others: FBD Crest retail excellence awards 2001 (Dromoland Castle, Clare).
