Siegfried tracks worst day in a year on cautious 2025 outlook
18/02/2025 09:31
** Shares in Siegfried Holding SFZN.S fall 7.4% as the Swiss
pharmaceutical company's cautious outlook fails to impress
investors after in-line 2024 results
** Siegfried sees 2025 sales growth in a mid-single-digit
percentage range in local currencies and a core EBITDA margin of
above 22%
** "The outlook is somewhat more cautious than consensus and
this is the slightly disappointing part of the results, even if
it makes sense to start the 2025 outlook not too optimistic,"
Vontobel says
** Tuesday's losses wipe off the stock's YTD gains and put
it on track for its worst day since February 20, 2024
(Reporting by Ozan Ergenay)
((ozan.ergenay@thomsonreuters.com))