February 15, 2018 / 5:38 AM / 9 months ago

Swiss stocks - Factors to watch on Feb 15

ZURICH, Feb 15 (Reuters) - The Swiss blue-chip SMI was seen opening 0.1 percent higher at 8,910 points on Thursday, according to premarket indications by bank Julius Baer .

Here are some of the main factors that may affect Swiss stocks.

NESTLE

The company said it expects organic sales to grow 2-4 percent this year, after they rose a mere 2.4 percent in 2017, their weakest gain in more than two decades, and a goodwill impairment on its skin health business hit net profit.

SYNGENTA

The ChemChina unit reports 2017 results

COMPANY STATEMENTS

* Zurich Insurance Group said it has successfully placed $500 million of notes, which will mature in October 2048.

* Straumann Holding AG expects 2018 EBIT margin to remain stable

* St Galler Kantonalbank AG - FY consolidated profit increased by 6.8 percent, higher dividend

* Addex Therapeutics said it was launching a 40 million Swiss franc capital increase.​

Reporting by Zurich newsroom

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below