Swiss stocks - Factors to watch on August 23
23/08/2019 06:02
ZURICH/BERLIN, Aug 23 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Friday:
COMPANY STATEMENTS E-CH
* Mobilezone Holding MOZN.S reported consolidated profit
up at CHF 17.1 million ($17.36 million) in the first half of the
year and raised its target for earnings before interest and
taxes (EBIT) to CHF 56-61 million for the fiscal year 2019.
urn:newsml:reuters.com:*:nFWN25I0YO
* U Blox Holding UBXN.S said its gross profit fell by 8.4%
in the first six months of its fiscal year, adding that its
second half-year will also be impacted by macroeconomic
uncertainty.
* Bachem Holding BANB.S reported half-year sales of CHF
134.5 million.
* New Value NEWN.S said on Thursday Peter Letter had been
elected as a new board member by its annual general assembly.
ANALYSTS' VIEWS
* Schindler Holding SCHP.S : RBC cuts price target to CHF
220 from CHF 230.
* Coltene Holding CLTN.S : Credit Suisse cuts price target
to CHF 85 from CHF 95; rating neutral.
ECONOMY M-CH
No economic data scheduled
($1 = 0.9849 Swiss francs)
(Reporting by Zurich newsroom and Berlin Speed Desk)
((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
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