SIG appoints new CEO, shares jump

SIG AG

17/11/2025 08:29

** Shares in SIG Group SIGNC.S rise around 9% to the top of STOXX 600 .STOXX index after the packaging firm announced Mikko Keto as new CEO

** "With low-hanging opportunities to enhance profitability and new mid-term targets in place, we expect the incoming CEO to prioritize portfolio optimization and outline further self-help measures," analysts at Vontobel say

** They add Keto's track record aligns with the Swiss company's ambitions

** Stock on track for best day since March 2020 if gains hold

(Reporting by Paolo Laudani in Gdansk)

((Paolo.laudani@thomsonreuters.com))