German stocks - Factors to watch on March 23
23/03/2017 06:10
BERLIN, March 23 (Reuters) - The following are some of the
factors that may move German stocks on Thursday:
AUTOS BMWG.DE DAIGn.DE VOWG_p.DE
The cost to implement tough fuel-efficiency standards for
cars imposed by the Obama administration for the first half of
the next decade could be up to 40 percent lower than previously
estimated using existing conventional technologies, according to
a report from a nonprofit group released on Wednesday.
urn:newsml:reuters.com:*:nL2N1GZ1CJ
Also, British car production hit a 17-year high in February,
extending a recent trend of surging output as a strong rise in
exports once again compensated for a slump in demand at home, an
industry body said on Thursday. urn:newsml:reuters.com:*:nL5N1GZ49C
And Chinese automaker Chery Automobile Co Ltd CHERY.UL has
filed a complaint with the country's trademark regulator over
Mercedes-Benz's use of the "EQ" name for a line of green-energy
vehicles, throwing up a potential road block for the Daimler
unit in the world's largest electric car market. urn:newsml:reuters.com:*:nL3N1H01ZJ
CONTINENTAL AG CONG.DE
Annual report due. The group published results already on
March 2, reinforced expectations for higher sales this year and
announced a dividend hike. urn:newsml:reuters.com:*:nL5N1GF1LK
SIEMENS SIEGn.DE
Dozens of German companies including Siemens attended
meetings in Bolivia this week to discuss building a
coast-to-coast railway through Brazil, Bolivia and Peru that
could speed up the export of corn and soybeans to Asia, German
and Bolivian officials said on Wednesday. urn:newsml:reuters.com:*:nL2N1H000L
CTS EVENTIM EVDG.DE
Full Q4 results due. The group reported preliminary figures
on Feb. 16, with full-year revenues stable and normalised EBITDA
climbing 7.4 percent. urn:newsml:reuters.com:*:nFWN1G10KP
JUNGHEINRICH JUNG_p.DE
The forklift truck maker will for now focus on organic
growth, though smaller acquisitions are possible, for instance
if they complement the product palette or give access to new
markets, Chief Executive Hans-Georg Frey told Boersen-Zeitung.
KRONES KRNG.DE
Full Q4 results due. The group reported preliminary results
on March 2 and forecast a stable pretax margin for 2017.
urn:newsml:reuters.com:*:nASN0005QD
LEONI LEOGn.DE
Full Q4 results due. The automotive supplier already
reported preliminary results on Feb. 13 and proposed a dividend
of 0.50 euros per share. urn:newsml:reuters.com:*:nFWN1FY07C
RATIONAL RAAG.DE
The group said it expected its 2017 EBIT margin to come in
closer to the lower end of its long-term forecast range of 26 to
28 percent. urn:newsml:reuters.com:*:nFWN1GZ0UC
RHEINMETALL RHMG.DE
Full Q4 results. The defence and automotive group already
reported preliminary figures on March 1, with a
better-than-expected 23 percent year-on-year rise in 2016
operating profit. urn:newsml:reuters.com:*:nL5N1GE2OF
TAG IMMOBILIEN TEGG.DE
Annual report due. The group reported preliminary results on
Feb. 23, raised its forecast for 2017 funds from operations to
110-112 million euros and proposed a dividend of 0.57 euros per
share. urn:newsml:reuters.com:*:nASN0005HB
DRILLISCH DRIG.DE
Full Q4 results due. The group already reported preliminary
figures on Feb. 22, affirmed its 2017 EBITDA forecast and hiked
its dividend to 1.80 euros per share. urn:newsml:reuters.com:*:nASM0009N0
FREENET FNTGn.DE
Full Q4 results due. The group reported preliminary figures
on March 2 and announced a dividend of 1.60 euros per share.
urn:newsml:reuters.com:*:nASN0005RR
PFEIFFER VACUUM PV.DE
Full Q4 results due. The vacuum pump maker reported
preliminary figures on Feb. 15, with operating profit up 12
percent.
UNITED INTERNET UTDI.DE
The group said it expected its EBITDA to rise by about 12
percent this year, after an 11 percent increase in 2016, and
raised its dividend to 0.80 euros per share. urn:newsml:reuters.com:*:nASM000A5X
CEWE CWCG.DE
The group said it expected its 2017 EBIT to come to 45 to 51
million euros, as it reported full fourth-quarter results.
urn:newsml:reuters.com:*:nFWN1GZ0UB
HORNBACH HOLDING HBH.DE
The group said its 2016/17 sales rose 4.9 percent to 3.94
billion euros. urn:newsml:reuters.com:*:nFWN1GZ0U2
MLP MLPG.DE
Annual report due. The group reported preliminary results on
Feb. 23, said it expected its 2017 EBIT to rise to at least 45
million euros and proposed a dividend of 0.08 euros per share.
urn:newsml:reuters.com:*:nFWN1G800F
VOSSLOH VOSG.DE
Q4 results due. Earnings before interest and tax are seen
down 18 percent at 13 million euros. Poll: urn:newsml:reuters.com:*:nL5N1GX451
ZOOPLUS ZO1G.DE
Q4 results due. Pretax profit seen up 48 percent at 5.3
million euros. The group has already reported 2016 sales of 908
million euros. Poll: urn:newsml:reuters.com:*:nL5N1GU3X5
AUMANN AAGG.TG
The group said it decided to issue 1.5 million new shares as
part of its initial public offering. urn:newsml:reuters.com:*:nASM000A5W
OVERSEAS STOCK MARKETS
Dow Jones .DJI unchanged, S&P 500 .SPX +0.2 pct, Nasdaq
.IXIC +0.5 pct at close. .N
Nikkei .N225 +0.2 pct, Shanghai stocks .SSEC -0.4 pct.
Time: 6.10 GMT. .T .SS
GERMAN ECONOMIC DATA
German GfK consumer sentiment for April due at 0700 GMT.
Seen unchanged at 10.0 points.
Germany's large current account surplus is the result of the
competitiveness of the German economy and the government has no
influence over it, the finance ministry said in a report on
Thursday, adding that the surplus will shrink in coming years.
urn:newsml:reuters.com:*:nL9N13C01M
ECONDE G7TODAY
EUROPEAN FACTORS TO WATCH WATCH/EU
DIARIES DE/DIA WEU/EQUITY
REUTERS TOP NEWS TOP/NEWS
(Reporting by Emma Thomasson and Maria Sheahan)
((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters
Messaging: maria.sheahan.thomsonreuters.com@reuters.net))
Keywords: GERMANY STOCKS/FACTORS