Sonova has appointed Elodie Carr-Cingari as the new chief financial officer, effective by July 2025, succeeding Birgit Conix, who is leaving to pursue other opportunities. Carr-Cingari previously served as group CFO at Landis+Gyr and held CFO roles at Hoerbiger and General Electric/Alstom. Matthias Dullmann will act as interim CFO starting January 2025.
The Swiss stock market opened slightly lower, with UBS and Sandoz in the spotlight following strong quarterly results. The SMI fell by 0.16% to 12,081.41 points, while UBS rose 3.2% and Sandoz gained 2.2%. In contrast, Swatch and Richemont faced declines after negative reports.
The Swiss stock market opened slightly lower, with UBS and Sandoz in the spotlight following strong quarterly results. The SMI fell 0.16% to 12,081.41 points, while UBS rose 3.2% and Sandoz gained 2.2%. In contrast, Swatch and Richemont faced declines after negative reports.
The Swiss stock exchange is experiencing a busy reporting season, with UBS reporting a better-than-expected billion-euro profit and Sandoz raising its sales outlook. The SMI is up 0.27% in pre-market trading, while Novartis received FDA approval for a leukemia treatment. Meanwhile, Swatch faces a "Sell" rating, and Kühne+Nagel sees a decline after a target cut.
The Swiss stock exchange is active with the reporting season, highlighted by UBS exceeding profit expectations and Sandoz raising its sales outlook. The SMI is up 0.27%, while major US tech firms, including Microsoft and Meta, are set to report, amid anticipation for the US labor market data. Novartis received FDA approval for a leukemia treatment, while Swatch and Richemont received mixed ratings from Berenberg.
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