Market Talk Mar 13th (powered by Credit Suisse)
13.03.07 09:41
  

Clariant – rumoured to be taken-over by Akzo Nobel (after the sales of Organon unit) as company said wants to strengthen its core business (broker)

 

Bucher – FY EBIT CHF 123.7m (vs cons CHF 125.7m) / net profit CHF 95.5m (vs cons CHF 86.4m) Outlook: dividend increased to CHF 2.50 – full year orders reach CHF 2.163bn – expects increase this year in sales and earnings (BB)

 

Tecan – FY sales CHF 405.9m (vs cons CHF 410.2m) / EBIT CHF 50.9m (vs cons CHF 46.5m) / net profit CHF 40.6m (vs cons CHF 33.7m)

 

Schulthess – FY EBIT CHF 46.4m (vs cons CHF 45-48m) / net profit CHF 32.2m (vs cons CHF 30.9-33.3m) Outlook: plans 10:1 stock split – raise dividend from CHF 8 to CHF 12

 

Tornos – FY sales CHF 250.5m (vs CHF 250.5m) / order intake CHF 257.3m (vs CHF 257.3m) / EBIT CHF 17.6m (vs CHF 17.3m) / net profit CHF 17.2m (vs CHF 16.4m) Outlook: expects ’07 operating profit at 7.5-8.5% of sales – expects ’07 sales to rise around 10% (BB)

 

Swisscom – FY sales CHF 9.653bn (vs cons CHF 9.596bn) / EBIT CHF 2.352bn (vs cons CHF 2.364bn) / net CHF 1.599bn (vs cons CHF 1.6bn) Outlook: broadband demand still strong (+24.6% yoy) – gained >20k Bluewin TV clients in 2 months – expect ’07 sales of around CHF 9.7bn and EBITDA of CHF 3.9bn News: speculations in the market that Mediaset will also bid for Fastweb – Mediaset didn’t comment, only saying that there was a board and an analyst meeting (BB)

 

Novartis – Gerber Products and five other baby bottle makers were sued for failing to warn of health risks associated with the bottles containing the chemical Bisphenol-A (BB)
 

 
 
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