April 19, 2018 / 4:40 AM / 5 months ago

Swiss stocks - Factors to watch on April 19

ZURICH, April 19 (Reuters) - The Swiss blue-chip SMI was seen opening up 0.7 percent at 8,889 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 world's biggest food group confirmed its full-year guidance after organic sales growth accelerated to 2.8 percent in the first quarter of 2018, helped by improving volumes.

For more news, click on

NOVARTIS

The Swiss drugmaker confirmed its growth targets for 2018 as Chief Executive Officer Vas Narasimhan was emboldened by first-quarter performance in his cancer drugs portfolio and resurgent revenue from his Alcon eye care unit.

For more news, click on

ABB

The engineering company is due to report its first quarter earnings, with analysts polled by Reuters expecting a 6.8 percent increase in revenues to $8.39 billion.

For more news, click on

SULZER

The Swiss pumpmaker confirmed its 2018 outlook on Thursday, saying it expected a one-off hit of 10 million Swiss francs ($10.3 million) from business disruption when its main Russian shareholder was slapped with U.S. sanctions.

For more news, click on

COMPANY STATEMENTS

* Aryzta said Gregory Sklikas has been appointed as CEO Europe after Dermot Murphy quit. [ARYN.S>

* GAM Holding AG reported first-quarter group net inflows of 6.0 billion Swiss francs.

* Idorsia said it had a U.S. GAAP net loss of 79 million Swiss francs in the first quarter of 2018.

* Implenia said it received an order worth just under 60 million euros for a project from CERN.

* Panalpina said its consolidated profit rose to 16.6 million Swiss francs in the first quarter of 2018.

* Temenos on Wednesday reported non-IFRS operating profit up 33 percent during its first quarter.

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