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FHZN - Flughafen Zuerich AG News Story

CHF156.6 0.8  0.5%

Last Trade - 16/04/21

Sector
Industrials
Size
Large Cap
Market Cap £3.78bn
Enterprise Value £4.82bn
Revenue £490.4m
Position in Universe 219th / 1048

Swiss stocks - Factors to watch on February 4

Thu 4th February, 2021 6:47am
ZURICH/BERLIN, Feb 4(Reuters) - Here are some of the main
factors that may affect Swiss stocks on Thursday:
    
    ROCHE  ROG.S  
    The drugmaker got a fourth-quarter lift from its COVID-19
test business, where higher sales offset a decline at its drugs
unit whose revenue was dragged down by the pandemic and
patent-expired cancer drugs that lost ground to rivals.
Fourth-quarter sales rose 1% at constant exchange rates to 14.3
billion Swiss francs ($15.9 billion). Pharmaceuticals sales fell
7% to 10.2 billion francs, while diagnostics revenue, including
from the COVID tests, rose 28% to 4.1 billion francs.
 urn:newsml:reuters.com:*:nL8N2KA13Z
    
    ABB  ABBN.S  
    ABB saw improving market conditions during its fourth
quarter although uncertainties had also increased with the
reintroduction of COVID-19 restrictions towards the end of last
year, the engineering company said. Revenues increased 2% to
$7.18 billion, beating market expectations, while it reported a
net loss of $79 million, missing analyst expectations for a
profit of $104 million  urn:newsml:reuters.com:*:nL8N2KA0YX
    
    SWISSCOM  SCMN.S  
    Swisscom forecast largely flat core operating profit and
sales this year amid more tough competition in its home market
 urn:newsml:reuters.com:*:nL8N2K93GE

    COMPANY STATEMENTS
    * Idorsia Ltd  IDIA.S : FY net loss CHF 392 million
 urn:newsml:reuters.com:*:nASN000SLH
    * Molecular Partners  MOLN.S  said its tri-specific
antiviral DARPin candidates, ensovibep and its preclinical
candidate, MP0423, remain therapeutically active against the
known mutations of COVID-19 including those present in the
United Kingdom and South Africa.  urn:newsml:reuters.com:*:nFWN2K91AH
    * Graubuendner Kantonalbank  GRKP.S : FY net profit: CHF
180.9 million / -2.5%  urn:newsml:reuters.com:*:nFWN2K91AS
    * LEM Holding SA  LEHN.S : 9-month sales decreased by 7.5%
to CHF 218.2 million; 9-month net profit down by 30.7% at CHF
36.0 million  urn:newsml:reuters.com:*:nFWN2K91FB
    * Ascom Holding AG  ASCN.S : wins substantial distribution
agreement in US with primary systems  urn:newsml:reuters.com:*:nFWN2K91CZ
    * Wisekey  WIHN.S  signed a strategic partnership with
Turing Cryptography.  urn:newsml:reuters.com:*:nASN000SJM
    * SenioResidenz AG  SENIO.BN : FY profit at EBIT level
doubled compared to the previous year and amounted to around CHF
5.8 million (2019: CHF 2.8 million)  urn:newsml:reuters.com:*:nFWN2K91FA
    
    ANALYST VIEWS
    FLUGHAFEN ZUERICH AG  FHZN.S : DEUTSCHE BANK CUTS TARGET
PRICE TO CHF 176 FROM CHF 182
    
    ECONOMY
    First-quarter consumer sentiment due at 0800 GMT
    

 (Reporting by Zurich newsroom and Berlin Speed Desk)
 ((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
 
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