STOCKS NEWS EUROPE-Draegerwerk rises on strong Q3 profits

Thu Nov 5, 2009 9:48am GMT
 
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Shares in medical and safety technology company Draegerwerk (DRWG_p.DE) rise 6 percent to the top of Frankfurt's technology index .TECDAX after the company reports better-than-expected third-quarter results.

"The turnaround program is showing some effects at the EBIT level. Though it is too early to speak about successful restructuring, we find these first figures encouraging," Equinet writes, keeping an "accumulate" rating. For more double click on [ID:nL5391840], [ID:nLT035048]

Reuters Messaging rm://christoph.steitz.reuters.com@reuters.net

 

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