"Holcim's second quarter performance was weak, but that was expected as the franc strengthened against all major currencies," said Patrick Appenzeller of brokerage Helvea. "But Holcim's plan to reach the year-ago operation profit margins shows that it expects that it will be
Date: Aug 18, 2011
Category: Business
Source: Google
Stocks in Switzerland Decline, Led by Swiss Re, Kuehne + Nagel
The earnings and profit figures were slightly below estimates, Patrick Appenzeller, an analyst at Helvea AG, wrote in a note to clients. Zehnder has rallied 12 percent in the past eight trading days.