Huber+Suhner: H1 results exceed expectations, shares soar

Huber+suhner AG

21/08/2018 08:20

** Shares of Huber+Suhner  HUBN.S  are up 9.5 pct, on track
for best day since 2011
    ** Co reports H1 results and FY 2018 guidance upgrade above
expectations  urn:newsml:reuters.com:*:nL8N1VC0FM
    ** Baader Helvea says co's results are driven mainly by
structural progress regarding improved cost efficiency in low
frequency cable production and in fiber optics, and exploiting
future growth option in e-vehicles
    ** Broker believes co also benefitted from cyclical tailwind
in industrial markets and rebound in EU and Chinese railway
market




 ((Linda.pasquini@tr.com))