Swiss stocks - Factors to watch on July 11
11/07/2017 05:37
ZURICH, July 11 (Reuters) - The following are some of the
main factors expected to affect Swiss stocks on Tuesday:
GIVAUDAN GIVN.S
Flavour and fragrance maker Givaudan said it was acquiring
Vika B.V., headquartered in the Netherlands, to strengthen its
portfolio of natural dairy solutions. Vika's business would have
represented approximately 64 million euros ($72.90 million)of
incremental sales to Givaudan's results in 2016 on a proforma
basis, Givaudan said.
For more, click on GIVN.S
COMPANY STATEMENTS CPR-CH
* Inficon IFCN.S ) said it expects for the first half year
2017 sales of around USD 182 million, an increase of around 25
compared with year earlier. The operating income will also
clearly exceed the prior-year figure due to this increase in
sales. IFCN.S
* Lastminute.com LMN.S said it expects revenues for the
first half of 2017 to be around 4.5 percent down from the 133.2
million euros figure in 2016. The online travel group is due to
report its figures on August 10. LMN.S
* Energiedienst EDHN.S said it expects its operating
profit for the first half of 2017 to be around 15 million euros
higher than the previous year and come to around 22.5 million
euros. EDHN.S
* Also Holding ALSN.S said that it has completed its
previously announced acquisition of Dutch distributor Five 4 U
B.V. Anti-trust authorities have approved the transaction.
ALSN.S
* Zuger Kantonalbank ZG.S said Theodor Keiser, a
long-serving member of its management and chief financial
officer, has decided to take early retirment from the bank in
2018. ZG.S
ECONOMY M-CH
* Federal bond issue announcement at 0600 GMT
($1 = 0.8780 euros)
(Reporting by Zurich newsroom)
((+41 58 306 7336)(zurich.newsroom@thomsonreuters.com))
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