German stocks - Factors to watch on March 13
13/03/2018 05:44
FRANKFURT, March 13 (Reuters) - The following are some of
the factors that may move German stocks on Tuesday:
VOLKSWAGEN VOWG_p.DE
Full 2017 results, news conference due. The group reported
key figures on Feb. 23 and published guidance for 2018 revenues
and return on sales. urn:newsml:reuters.com:*:nL8N1QD52N
E.ON EONGn.DE , INNOGY IGY.DE , RWE RWEG.DE
RWE Q4 results due. Adjusted EBITDA seen down 8.5 percent at
1.45 billion euros ($1.78 billion). Poll: urn:newsml:reuters.com:*:nL5N1QP2K7
E.ON said late on Monday it expected as many as 5,000 job
cuts and 600-800 million euros of synergies as part of its asset
swap with peer RWE RWEG.DE involving Innogy IGY.DE .
urn:newsml:reuters.com:*:nASO0001UB
E.ON also published its 2017 financial results and forecast
2018 adjusted net profit of 1.3-1.5 billion euros. urn:newsml:reuters.com:*:nASO0001UE
VONOVIA VNAn.DE
Vonovia said its takeover offer for Austrian peer Buwog
BWOA.VI was a success after Buwog shareholders tendered 73.7
percent of shares in the group. urn:newsml:reuters.com:*:nASO0001U7
FRAPORT FRAG.DE
Monthly traffic figures due at 0600 GMT.
HANNOVER RE HNRGn.DE
Full Q4 results due. The group published key figures on Feb.
7 and said it expected its 2018 net profit to rise to more than
1 billion euros. Poll: urn:newsml:reuters.com:*:nL8N1PX174
HOCHTIEF HOTG.DE
Italy's Atlantia ATL.MI and Hochtief parent ACS ACS.MC
are close to an agreement to take joint control of Spanish
toll-road group Abertis ABE.MC , two Italian sources said.
urn:newsml:reuters.com:*:nI6N1QG024
MTU AERO ENGINES MTXGn.DE
Moody's has changed its outlook of MTU's Baa3 rating to
"stable" from "negative", citing growth and deleveraging
achieved in 2017.
WACKER CHEMIE WCHG.DE
Full Q4 results due. The group reported preliminary figures
on Feb. 8, with quarterly EBITDA up 6 percent. urn:newsml:reuters.com:*:nFWN1PY041
MORPHOSYS MORG.DE
Q4 results due. EBIT loss seen narrowing to 13.2 million
euros from 27.6 million a year earlier. Poll: urn:newsml:reuters.com:*:nL5N1QR1WW
BILFINGER GBFG.DE
Annual report due. The company published preliminary results
on Feb. 14 and forecast its adjusted EBITA would rise to a
medium to high double-digit million euro amount in 2018.
urn:newsml:reuters.com:*:nF9N1PL00X
DELIVERY HERO DHER.DE
The company placed 1.26 million new shares with
institutional investors through an accelerated bookbuilding at
38.50 euros per share. urn:newsml:reuters.com:*:nASO0001UK
DMG MORI GILG.DE
Annual report due. The group published preliminary results
on Feb. 8, with order intake up 16 percent. urn:newsml:reuters.com:*:nFWN1PY04H
OVERSEAS STOCK MARKETS
Dow Jones .DJI -0.6 pct, S&P 500 .SPX -0.1 pct, Nasdaq
.IXIC +0.4 pct at close. .N
Nikkei .N225 +0.4 pct, Shanghai stocks .SSEC -0.2 pct.
Time: 5.44 GMT. .T .SS
GERMAN ECONOMIC DATA
No economic data scheduled.
EUROPEAN FACTORS TO WATCH WATCH/EU
DIARIES DE/DIA WEU/EQUITY
REUTERS TOP NEWS TOP/NEWS
($1 = 0.8133 euros)
(Reporting by Maria Sheahan)
((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters
Messaging: maria.sheahan.thomsonreuters.com@reuters.net))