Swiss stocks - Factors to watch on Nov 22

Centiel AG

22/11/2017 05:51

ZURICH, Nov 22 (Reuters) - The following are some of the 
main factors expected to affect Swiss stocks on Wednesday. 
       
    COMPANY STATEMENTS  CPR-CH  
    * Investis  IREN.S  said it is increasing its stake in 
Fonciere De La Dixence resort to 75 percent from 50 percent. 
 IREN.S  
    * Hochdorf  HOCN.S  said that it placed a 125 million Swiss 
franc  ($126.20 million) hybrid bond.  HOCN.S  
    * KTM  KTMI.S  said that Pierer Industrie has acquired 5.42 
percent of outstanding shares from board members and others 
close to the motorcycle maker. Pierer Konzerngesellschaft GmbH 
still holds around 63.61 percent and Pierer Industrie AG around 
5.42 percent of the share capital.  KTMI.S  
    * Comet Group  COTNE.S  confirmed its 2017 guidance of sales 
of 430-450 million Swiss francs and an EBITDA margin of 14-16 
percent. It said it also expects to reach the targets for 2020 - 
sales of 500 million Swiss francs and an EBITDA margin of 16-18 
percent - ahead of schedule.  COTNE.S  
     
    ECONOMY  M-CH  
     
 
 
($1 = 0.9905 Swiss francs) 
 
 (Reporting by Zurich newsroom) 
 ((+41 58 306 7336)(zurich.newsroom@thomsonreuters.com)) 
  
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Keywords: MARKETS SWISS STOCKS/