Swiss stocks - Factors to watch on August 14

Wed, 14th Aug 2019 06:15

ZURICH/BERLIN, Aug 14 (Reuters) - Here are some of the main factors that may affect Swiss stocks on Wednesday:

COMPANY STATEMENTS

* Ascom said net revenue declined 4.2% in the first half of the year, adding that it would not achieve its previously communicated targets for the full year.

* Schindler said its second-quarter net profit dived 22.4% from previous year to 239 million francs.

* Straumann raised its full-year revenue targets after reporting a better-than-expected second quarter.

* Bell Food Group said its H1 operating profit fell to 116.8 million Swiss francs.

* HIAG Immobilien on Tuesday said it was halting its multicloud platform project and was concentrating on its core business.

* Meyer Burger Technology AG said it was considering a request by a group of shareholders around Sentis Capital PCC to hold an extraordinary shareholders meeting.

ECONOMY

No major Swiss economic data scheduled ($1 = 0.9759 Swiss francs) (Reporting by Zurich newsroom and Berlin Speed Desk)

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