Swiss stocks - Factors to watch on March 2

EvoNext Holdings SA

02/03/2016 06:36

ZURICH, March 2 (Reuters) - The following are some of the 
main factors expected to affect Swiss stocks on Wednesday: 
     
    SCHINDLER  SCHN.S  
    The Swiss elevator maker is seeking to trim costs at its 
elevator components production site in Ebikon, Switzerland, and 
plans to cut 120 jobs by the end of 2017. Schindler cited strong 
market growth in Asia combined with high Swiss production costs 
as a reason it was filling more and more orders abroad, leaving 
the Ebikon plant's capacity underutilised, according to a note 
sent on Tuesday evening. 
    For more click on  SCHN.S  
     
    COMPANY STATEMENTS  CPR-CH  
    * Gottex Fund Management  GFMN.S  said it sold its 
multi-asset investment business, Frontier Investment Management, 
to its founder.  GFMN.S  
    * Evolva Holding  EVE.S  said it has achieved a 1 million 
franc milestone payment in its alliance with Takasago  4914.T . 
 EVE.S  
    * Barry Callebaut  BARN.S  said it completed its purchase of 
FrieslandCampina Kievit vending activities.  BARN.S  
    * Intershop Holding  ISN.S  said net profit for the full 
year was 56.2 million francs and that it was proposing an 
unchanged dividend of 20 francs per share.  ISN.S   
    *Adval Tech  ADVN.S  said it lost 2.8 million Swiss francs 
in the first half of 2015 but expects to post a small profit for 
the full year.  ADVN.S  
    * Lifewatch  LIFE.S  appointed Andrew Moore as chief 
financial officer.  LIFE.S  
    *Kuehne & Nagel  KNIN.VX  said its earnings rose 5.4 percent 
to 679 million Swiss francs.  KNIN.VX  
    * Logitech International  LOGN.S  confirmed full-year 
outlook for its 2016 reporting year and said it sees non-GAAP 
operating incoming between $185 million and $200 million for the 
2017 reporting year.  LOGN.S  
    * Bossard Holding  BOS.S  posted a new peak in full-year 
sales for 2015. Sales were up 6.2 percent at 656.3 million 
francs, but the group said its strong reporting currency cut 
into earnings in key markets, leading to a 3.4 percent dip in 
operating profit.  BOS.S  
    * Comet Holding  COTN.S  is adding a new position: the 
company will have a chief operating officer on the executive 
committee . Thomas Polzer will be joining no later than Sept. 1 
to fill the role.  COTN.S  
    * Packaging and labels producer and service supplier Bobst 
Group  BOBNN.S  upped its consolidated sales to 1.331 billion 
Swiss francs in 2015. Adjusted for currency effects and 
acquisitions, this amounted to a 6.8 percent rise from the 
previous year.  BOBNN.S  
     
    ECONOMY  M-CH  
    * Gross domestic product for the fourth quarter and 
full-year 2015 due at 0645 GMT.  CHGDP=ECI   CHGDPY=ECI  
 
 (Reporting by Zurich newsroom) 
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Keywords: MARKETS SWISS STOCKS/