January 26, 2018 / 5:40 AM / 24 days ago

Swiss stocks - Factors to watch on Jan 26

ZURICH, Jan 26 (Reuters) - The Swiss blue-chip SMI was seen opening 0.3 percent higher at 9,513 points on Friday, according to premarket indications by bank Julius Baer .

Here are some of the main factors expected to affect Swiss stocks:

GIVAUDAN

The fragrance and flavour maker proposed raising its 2017 dividend after net profit rose 11.7 percent last year, helped by strong sales growth in the fourth quarter.

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NESTLE

Nestle to cut 400 more jobs in France - Bloomberg

COMPANY STATEMENTS

* Santhera Pharmaceuticals Holding AG: confirms receives negative CHMP opinion on appeal for authorization of Raxone in Duchenne muscular dystrophy

* Compagnie Financière Tradition increase of reported Q4 revenue by 4.1%

* VP Bank AG FY group net income of around CHF 66 mln (previous year: CHF 58 mln)

* Berner Kantonalbank AG: FY profit increased by 6.2 percent to 137.4 million Swiss francs

* SFS Group AG: 2017 sales up by 13.7% to chf 1,632.7 million and its operating profit by 12.5%

* Starrag Group: FY sales up 9% to chf 405 million, up 8% in local currency

* Schindler Holding AG: court of appeal in Japan reaffirms acquittal of former employee in 2006 lift accident case

ECONOMY

Reporting by Zurich newsroom

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