Swiss stocks - Factors to watch on Aug 23

Feintool International Holding AG

23/08/2016 07:08

ZURICH, Aug 23 (Reuters) - The Swiss blue-chip SMI .SSMI was 
seen opening 0.1 percent firmer at 8165 points on Tuesday, 
according to premarket indications by bank Julius Baer JBPRE01. 
 
     
     
    The following are some of the main factors expected to 
affect Swiss stocks on Tuesday: 
       
    COMPANY STATEMENTS  CPR-CH  
    * Straumann Holding  STMN.S  reported first half operating 
profit of 114.4 million Swiss francs  ($118.98 million), 
slightly ahead of forecasts, and lifted its expectation for 
full-year revenue growth from high-single-digit to 
low-double-digit percent range and confirms that it is well on 
way to deliver its existing profitability range.  STMN.S  
    * Emmi  EMMN.S  posted sales of 1.59 billion Swiss francs in 
the first half of 2016 - an increase of 2.0  percent and net 
profit of 61 million francs, up from 46 million francs a year 
earlier.  EMMN.S  
    * Feintool  FTON.S  increased first half net profit by 14 
percent to 13.9 million Swiss francs and said it was increasing 
its guidance, predicting sales growth Of 10 percent to 555 
million francs with an EBITMargin Of 7.5 percent.  FTON.S  
    * Orior  ORON.S  reported a 17.4 percent increase in first 
half net profit to 12.1 million Swiss francs.  ORON.S  
    * Implenia  IMPN.S  says its H1 consolidated profit was 14.4 
percent higher than a year earlier at 9.2 million Swiss francs. 
 IMPN.S  
    * Komax Holding  KOMN.S  reported H1 consolidated revenues 
up 20.4 percent to 177.5 million Swiss francs and operating 
profit of up 15.3 percent 27.0 million francs, and said for 
second half of 2016 it anticipated a result broadly in line with 
first half of year. KOMN.S  
    * Bossard  BOS.S  said operating profit for the first six 
months grew by 4.3 percent to 39.4 million Swiss francs and said 
it expected the overall business to be positive for the second 
half of the year.  BOS.S  
    * Luzerner Kantonalbank  LUKN.S  reported H1 net income of 
89.1 million Swiss francs, 2.4 percent less than in H1 2015. 
 LUKN.S  
   
     
    ECONOMY  M-CH  
    * Exports from Switzerland rose year-on-year by a real and 
work-day adjusted 2.4 percent in July to 17.7 billion Swiss 
francs  ($18.41 billion), the Federal Customs Office said on 
Tuesday. 
 
 
($1 = 0.9615 Swiss francs) 
 
 (Reporting by Zurich newsroom) 
 ((+41 58 306 7336)(zurich.newsroom@thomsonreuters.com)) 
  
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Keywords: MARKETS SWISS STOCKS/