Swiss stocks - Factors to watch on March 8

Kardex Holding AG

08/03/2017 05:54

ZURICH, March 8 (Reuters) - The following are some of the 
main factors expected to affect Swiss stocks on Wednesday. 
     
    NESTLE  NESN.S  
    The Swiss food group plans to close its 138-year-old plant 
in Linz, Austria, by March 2018, it said on Tuesday, citing 
falling demand and changing consumer trends.  urn:newsml:reuters.com:*:nL5N1GK5P5 
    For more click  NESN.S  
       
    COMPANY STATEMENTS  CPR-CH  
    * Leclanche SA  LECN.S  said it has received certifications 
for its LTO battery cells' compliance with latest Chinese 
standards, a pre-requisite for sales in the country.  LECN.S  
    * Charles Voegele  VCH.S  said it has postponed its annual 
shareholders meeting from April 20 to a later, 
still-to-be-determined, date amid its sale to Italy's Sempione, 
which filed a claim regarding cancellation of outstanding 
Voegele shares.  VCH.S  
    * Norinvest  NIHN.S  said Cedric Anker has been named Banque 
Cramer & Cie's new chief executive officer.  NIHN.S  
    * Dormakaba Holding  DOKA.S  said its first half net profit 
rose to 95.8 million Swiss francs  ($94.51 million)from 67.1 
million francs a year earlier.  DOKA.S  
    * Kardex  KARN.S  said its full year profit increased by 8.1 
percent to 30.8 million euros.  KARN.S  
    * Bossard Holding  BOS.S  said its full year earnings before 
interest increased by 11.6 percent to 78.5 million Swiss francs 
and net income rose 14.6 percent to 62.4 million francs.  BOS.S  
     
     
     
     
    ECONOMY  M-CH  
    Swiss CPI due at 0815 GMT 
 
 
($1 = 1.0137 Swiss francs) 
 
 (Reporting by Zurich newsroom) 
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