Swiss stocks - Factors to watch on March 12

Kardex Holding AG

12/03/2015 06:39

ZURICH, March 12 (Reuters) - The following are some of the 
main factors expected to affect Swiss stocks on Thursday: 
     
    HOLCIM  HOLN.VX  
    The Swiss company and French cement group Lafarge  LAFP.PA  
are in talks to renegotiate the terms of their 41 billion euro 
merger after a divergence in the value of the two companies over 
the past year, the Financial Times reported. 
    For more click on  HOLN.VX  
       
    COMPANY STATEMENTS  CPR-CH  
    * Swatch  UHR.VX  published its 2014 annual report which 
showed Chief Executive Nick Hayek received total compensation 
last year of around 7.5 million Swiss francs, slightly less than 
the previous year.  UHR.VX  
    * Sika's  SIK.VX  board of directors published its required 
report on the decision last week of the Swiss Takeover Board, in 
which the company's board repeated its opposition to the planned 
takeover by Saint-Gobain  SGSI.BO .  SIK.VX  
    * Meyer Burger  MBTN.S  said it had successfully concluded a 
contract with renewable energy development company SunEdison for 
the delivery and commissioning of DW288 water-based diamond wire 
saws. The order is for an upper single-digit million Swiss franc 
amount and delivery of the equipment is scheduled to begin in 
the second quarter of 2015.  MBTN.S  
    * Tamedia  TAMN.S  said 2014 net income rose year on year by 
34.1 percent to 159.7 million Swiss francs.  TAMN.S  
    * Dufry  DUFN.S  said net earnings to equity holders fell by 
45.5 percent in 2014 to 50.8 million Swiss francs.  DUFN.S  
    * gategroup  GATE.S  said 2014 net profit nearly doubled 
compared to last year, rising to 40.8 million Swiss francs from 
21 million francs, mainly due to lower net finance costs. 
 GATE.S  
    * Kardex  KARN.S  posted net profit for 2014 of 23.8 million 
euros, up 19.6 percent on that of the previous year.  KARN.S  
    * Schmolz&Bickenbach  STLN.S  said net income in 2014 came 
to 50 million euros compared to an 83.7 million euro loss the 
previous year.  STLN.S  
    * Inficon  IFCN.S  said 2014 net profit rose by 9.3 percent 
to $38.6 million.  IFCN.S  
    * Alpiq  ALPH.S  said it is acquiring Italian engineering 
and railway contracting company Balfour Beatty Rail for an 
undisclosed price.  ALPH.S  
     
    ECONOMY  M-CH  
     
 
 (Reporting by Zurich newsroom) 
 ((+41 58 306 7336)(zurich.newsroom@thomsonreuters.com))