Swiss stocks - Factors to watch on October 25
25/10/2024 06:01
ZURICH/GDANSK, Oct 25 (Reuters) - Here are some of the
main factors that may affect Swiss stocks on Friday:
UBS UBSG.S
The incipient migration of clients from Credit Suisse to UBS
should take about another 18 months, UBS CEO Sergio Ermotti said
on Thursday.
SIKA SIKA.S
Swiss industrial and construction chemicals company Sika
reported a 5.5% increase in sales for the first nine months of
2024 on Friday, and confirmed its outlook for the year.
HOLCIM HOLN.S
Holcim reported better than expected operating profit during
its third quarter, the construction materials maker said on
Friday, despite a downturn in sales.
COMPANY STATEMENTS
* SGS SGSN.S - Confirms targets and posts Q3 sales growth
of 3.8%
* LUZERNER KANTONALBANK LUKN.S - Reports a 9M consolidated
profit of CHF 216 mln, up 9.1% from last year
* BB BIOTECH BION.S - Q3 results due.
ANALYST'S VIEWS
GALDERMA GROUP AG GALD.S - JP MORGAN RAISES TARGET PRICE
TO CHF 94 FROM CHF 90
ECONOMY
No major Swiss economic data scheduled.
(Reporting by Zurich newsroom and Gdansk newsroom)
((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
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