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"trading statement"

English translation: financial statement; financial report (US)

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:trading statement (UK)
Selected answer:financial statement; financial report (US)
Entered by: Nick Lingris

17:24 Feb 23, 2006
English language (monolingual) [Non-PRO]
Bus/Financial - Accounting
English term or phrase: "trading statement"
This is a document filed with the London Stock Exchange for a public company (a plc) in the UK: I'm having trouble with a good U.S. equivalent - "press release" is my current candidate. Any suggestions?
P.S. online UK business glossaries do not have this term at all. Help!
Margaret
financial statement; financial report
Explanation:
Companies make periodic reports for a variety of reasons, commercial as well as regulatory. Regular trading statements are also increasingly used by companies both to give an update on revenues and performance and to comment on market conditions. Indeed this may be a preferred method for communication between companies, investors and analysts, helping to benchmark company performance against competitors or the sector in which the company’s shares appear.

Now, since this is a statement filed with the London Stock Exchange, the equivalent term would be the financial statements or financial reports filed with the United States Securities and Exchange Commission.
http://www.google.com/search?num=100&hl=en&lr=&c2coff=1&rls=...
http://www.google.com/search?num=100&hl=en&lr=&c2coff=1&rls=...
Selected response from:

Nick Lingris
United Kingdom
Local time: 01:11
Grading comment
Thank you. M.A.
2 KudoZ points were awarded for this answer



SUMMARY OF ALL EXPLANATIONS PROVIDED
4financial statement; financial report
Nick Lingris


  

Answers


10 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
trading statement
financial statement; financial report


Explanation:
Companies make periodic reports for a variety of reasons, commercial as well as regulatory. Regular trading statements are also increasingly used by companies both to give an update on revenues and performance and to comment on market conditions. Indeed this may be a preferred method for communication between companies, investors and analysts, helping to benchmark company performance against competitors or the sector in which the company’s shares appear.

Now, since this is a statement filed with the London Stock Exchange, the equivalent term would be the financial statements or financial reports filed with the United States Securities and Exchange Commission.
http://www.google.com/search?num=100&hl=en&lr=&c2coff=1&rls=...
http://www.google.com/search?num=100&hl=en&lr=&c2coff=1&rls=...

Nick Lingris
United Kingdom
Local time: 01:11
Native speaker of: Native in GreekGreek
PRO pts in category: 8
Grading comment
Thank you. M.A.
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