Swiss stocks - Factors to watch on March 3
03/03/2022 05:48
ZURICH/BERLIN, March 3 (Reuters) - Here are some of the main
factors that may affect Swiss stocks on Thursday:
NESTLE NESN.S
Nestle, the world's largest food group, said it has reopened
its factories and warehouses in central and western Ukraine in a
bid to ensure essential food and drink deliveries in the
war-torn country. urn:newsml:reuters.com:*:nL8N2V56P2
ROCHE ROG.S
Roche is launching with three research institutions a new
late-stage clinical trial of its gantenerumab treatment in
Alzheimer's disease. The trial aims to evaluate the potential of
gantenerumab to slow disease progression in people with the
earliest biological signs of Alzheimer's disease, before too
much permanent neurological damage is done ROG.S
CREDIT SUISSE CSGN.S
Credit Suisse Group AG joined creditors of Greensill Capital
by filing lawsuits in Australia seeking compensation from the
country's biggest insurer over the supply chain financier's
collapse, court filings showed. urn:newsml:reuters.com:*:nL1N2V607O
LOGITECH INTERNATIONAL LOGN.S
Logitech said it expects fiscal 2023 non-GAAP operating
income between $900 million and $950 million. LOGN.S
COMPANY STATEMENTS
* Vifor Pharma AG VIFN.S : publication of provisional
interim result for Vifor Pharma tender offer: participation rate
of 74 percent; offeror plans to waive 80 percent acceptance rate
condition and to declare offer successful in definitive notice
of interim result, which is expected on March 8 VIFN.S
* VAT Group AG VACN.S : FY record EBITDA margin of 34.2% on
operational leverage, increased productivity and cost discipline
VACN.S
* Inficon Holding AG IFCN.S : achieved record fourth
quarter and fiscal year 2021 results IFCN.S
* SoftwareOne Holding AG SWON.S : FY adjusted EBITDA fell 1
percent to 219.4 million CHF SWON.S
* Meier Tobler Group AG METG.S : FY sales growth of 4.8
percent to CHF 511 million; FY EBITDA up 46 percent METG.S
* Spexis AG SPEXN.S : achieves first CARB-X milestone for
its thanatin derivatives program and receives funding of up to
$1.9 million to initiate lead optimization
* Von Roll Holding AG ROL.S : wins largest VPI tank fill
for high voltage resins in the Americas ROL.S
* Asmallworld AG ASWN.S said it anticipated limited impact
from the ongoing Ukraine conflict on its business. ASWN.S
* Forbo Holding AG FORN.S said FY profit rose 33% to 141.2
million Swiss francs ($153.44 million). FORN.S
* VZ Holding AG VZN.S said 2021 operating revenue was up
18.3% at 388.9 million Swiss francs ($422.63 million). VSN.S
* Kardex Holding AG KARN.S reported FY 2021 net porfit at
43.7 million euros. KARN.S
ANALYSTS' VIEWS
KUEHNE UND NAGEL INTERNATIONAL AG KNIN.S : JP MORGAN CUTS
TARGET PRICE TO CHF 264 FROM CHF 278
ORIOR AG ORON.S : CREDIT SUISSE RAISES TARGET PRICE TO CHF
94 FROM CHF 91
ECONOMY
Swiss February CPI due at 0730 GMT. Seen +0.3% m/m, +1.8%
y/y.
($1 = 0.9202 Swiss francs)
(Reporting by Zurich newsroom and Berlin Speed Desk)
((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
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