Corporate | 16 January 2015 15:36
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Baader Bank AG / Key word(s): Conference
11. Baader Helvea Swiss Equities Conference 2015 – Presenting companies likely to cope well with currency pressures over time Despite recent volatility in Swiss capital markets, the participating Swiss companies remain optimistic about their longer-term prospects. This was the conclusion from the 11th Baader Helvea Swiss Equities Conference in Bad Ragaz/Switzerland, which ended today. At the two-day conference 53 companies presented their strategies at roughly 250 investors from 17 countries. The conference is an established event with Swiss companies. The conference kicked off yesterday with lively discussions about the impacts the surprise abandoning of the EUR/CHF currency peg by the Swiss National Bank (SNB) will have on corporate profitability. The presenting managers overall stayed optimistic that the longer-term growth prospects would stay clearly positive. The focus on profitable niches, ongoing portfolio adjustments, efforts to reduce the cyclicality of their business and continued cost control were cited by many companies as factors that will allow them to deliver earnings growth despite the challenging environment.
Even though headwinds have increased over the short term, Swiss companies expressed their confidence to benefit from an uptick in global economic prospects expected for later this year. From a bottom-up perspective, product innovation, technological advantages, the scope for further efficiency gains plus the historically proven ability to cope well with difficult situations should provide Swiss companies with fresh impetus over time.
The next Baader Helvea Swiss Equities Conference will take place in early January 2016 – once again in Bad Ragaz. 2015-01-16 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
| Language: | English | |
| Company: | Baader Bank AG | |
| Weihenstephaner Str. 4 | ||
| 85716 Unterschleißheim | ||
| Germany | ||
| Phone: | +49 89 5150 1882 | |
| Fax: | +49 89 5150 29 1880 | |
| E-mail: | communications@baaderbank.de | |
| Internet: | www.baaderbank.de | |
| ISIN: | DE0005088108 | |
| WKN: | 508810 | |
| Listed: | Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München (m:access), Stuttgart; Frankfurt in Open Market | |
| End of News | DGAP News-Service |
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| 314107 2015-01-16 |