Swiss Life (SLHN VX) FY net CHF 933m (vs cons 898m) / net premiums CHF 13.8bn (vs cons 13.84bn) / shareholder equity 7.579bn (vs cons 7.727bn) Outlook: company confirms ’08 target of CHF 1bn profit to propose CHF 7 par value reduction confirms target for sustainable RoE of at least 10% - announced to sell Erisa stake to HSBC France for EUR 229m (BB)
Komax (KOMN SW) FY net 30.3m (vs cons 28m) / EBIT 38.1m (vs cons 37m) Outlook: sees favorable economic environment in ’07 Beat Kälin to takeover as new CEO current CEO Steiner to become chairman (BB) Rieter (RIEN SW) FY EBIT 239m (vs cons 219.9m) / textile 135m / automotive 111m / net profit 129m (vs cons 135.4m) Outlook: dividend increase from CHF 10 to CHF 15 increase in sales and confident for better net (BB) Oerlikon (OERL VX) FY orders 2.6bn (vs cons 2.75bn) / EBIT 329m (vs cons 285m) / net profit 302m (vs cons 290m) Outlook: sees strong organic growth in ’07 confirms 5bn sales targets for 2007 (BB) Tamedia (TAMN SW) FY sales 723.6m (vs cons 728.8m) / EBIT 112.2m (vs cons 116.5m) / net profit 98.4m (vs cons 96.2m) Outlook: raises dividend to CHF 3 expect a slowdown and only a small advance in commercial advertising (BB) Kuoni (KUNN SW) nominates Beeser, Karrer & Lindquist to board, says Boppe to step down (BB) Roche (ROG VX) submits supplemental new drug application to the FDA for the use of Xeloda in combination with oxaliplatin Xelox with our without Avastin in the treatment of metastic colorectal cancer (BB) |