Swiss stocks - Factors to watch on May 4
04/05/2018 05:41
ZURICH, May 4 (Reuters) - Here are some of the main factors
that may affect Swiss stocks on Friday:
SWISS RE SRENH.S
The Swiss reinsurer is due to release results for the first
three months of 2018. Analysts polled by Reuters expect gross
written premiums to rise 4.1 percent in the first quarter.
For more, click on SRENH.S
LONZA LONN.S
The Swiss drug ingredients maker gives a qualititative
update of its business in the first three months of the year.
It also meets with shareholders keen to learn about progress
of the company's $5 billion Capsugel acquisition and efforts to
expand its drug services business.
For more, click on LONN.S
COMPANY STATEMENTS CPR-CH
* LafargeHolcim LHN.S said it entered into a liquidity
enhancement agreement with Exane S.A. for its listing on
Euronext Paris, effective as from May 4, in order to improve the
market liquidity of its stock listed in euro. LHN.S
* Daetwyler Holding DAE.S said it launched a bond with an
amount of 150 million Swiss francs to refund an existing bond
due to be repaid on June 7. DAE.S
* Leclanche SA LECN.S : announces full year 2017 financial
results; on track to hit milestone of 100 MWH of energy storage
systems in operation by 2018 and be EBITDA positive by 2020; FY
2017 revenue CHF 18.0 million versus chf 28.5 million in 2016;
FY 2017 loss per share CHF 0.70 urn:newsml:reuters.com:*:nASC09ZTZ
Says Hubert Angleys, chief financial officer, has been
promoted to also serve as chief operating officer
* Datacolor AG DCN.S - in first half of fiscal year
2017/18 co increased net sales by 17.4% to usd 41.0 mln
(previous year: usd 34.9 mln); net income decreased to usd 2.3
mln (previous year: usd 3.4 mln) compared to prior year
ECONOMY M-CH
* Switzerland risks being plunged into an "unnecessary and
dangerous experiment" if it adopts a radical sovereign money
scheme in a referendum next month, Swiss National Bank Chairman
Thomas Jordan said on Thursday.
For more, click on SNB
(Reporting by Zurich newsroom)
((+41 58 306 7336)(zurich.newsroom@thomsonreuters.com))
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