October 25, 2019 / 4:59 AM / 21 days ago

Swiss stocks - Factors to watch on October 25

ZURICH/BERLIN, Oct 25 (Reuters) - The Swiss blue-chip SMI was seen opening 0.1% higher at 10,121 points on Friday, according to premarket indications by bank Julius Baer .

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

LAFARGEHOLCIM

The company said it was slightly less optimistic about its prospects in Europe and Africa as the world's largest cement maker reported third-quarter sales and earnings broadly in line with analyst estimates.

Shares indicated up 1.6%

ROCHE

The Federal Trade Commission staff reviewing Roche's plan to buy U.S.-based gene therapy specialist Spark Therapeutics for $4.3 billion recommended that the deal be approved without requiring any asset sales, the Capitol Forum reported on Thursday.

SOFTWAREONE

Software management company SoftwareONE set the price of its initial public offering (IPO) at 18 Swiss francs per share, valuing the group at about 2.8 billion Swiss francs ($2.82 billion). The oversubscribed IPO on the SIX Swiss Exchange consists of secondary shares, with the firm's founders retaining the largest stake and financial investor KKR, which bought a 25% stake in 2015, keeping nearly 15%.

COMPANY STATEMENTS

* Tornos Holding AG said it amends its forecast for this year, adding that it will probably generate lower profitability than in the previous year.

* Compagnie Financiere Tradition SA said growth in adjusted revenue in the third quarter was 13.9%.

* HBM Healthcare said it reached a quarterly profit of 27 million Swiss francs.

* Meyer Burger Technology announced the sale of its software business to S&T.

ECONOMY

No major economic data scheduled. (Reporting by Zurich newsroom and Berlin Speed Desk)

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