{
Teresa Nielsen

People

}
001122334455554433221100
001122334455554433221100

efg international announces significant restructuring and staff reduction plans

EFG International plans a staff reduction of 10 to 15% as part of a major restructuring, aiming for annual savings of CHF 35m starting in 2012. Despite an expected IFRS net loss for FY11 due to restructuring costs, analysts maintain a "hold" rating on the shares, with a price target under review at CHF 7.5. The company is also preparing for an IPO of its financial products, which would significantly reduce its shareholding.
aktiencheck.de
Swiss Franc EFG International AG CHE Teresa Nielsen
Business & Industry, Market Report
03:20 07.02.2025

efg international shares receive hold rating with positive growth outlook

Vontobel Research analyst Teresa Nielsen has resumed coverage of EFG International shares with a "hold" rating, following a period of limited coverage due to the firm's involvement in the IPO of EFG Financial Products. EFG International is well capitalized, with a total capital ratio of 17% and a Tier 1 capital ratio of 13.1% for FY12E. Analysts anticipate an increase in the dividend from CHF 0.10 per share and project an adjusted annual EPS growth of 18% for FY12-14, despite not expecting the company to meet its 2014 targets. The price target is set at CHF 12, with the next price impulse expected from FY12 results on February 27.
aktiencheck.de
Swiss Franc EFG International AG CHE Teresa Nielsen
Finance & Economy, Market Report
16:26 31.12.2024
Trending
Subcategory
Industry Trends Corporate News Startups & Entrepreneurship Global Trade Developments Retail and Consumer Goods Stock Market Updates Supply Chain Management Industry Mergers & Acquisitions Government Economic Policies Fintech Startups Private Equity Deals CEO Changes Venture Capital Investments AI Applications Corporate Social Responsibility AI Innovations Funding Rounds & Investments Economic Indicators Market Analysis and Predictions Emerging Startups
Countries:
USA IND CHN JPN ARE KOR EGY SAU PAK SGP IDN TWN THA VNM MYS QAT HKG DEU TUR BRA
Companies:
Apple Inc. Google Inc. OLA ELECTRIC MOBILITY LTD NVIDIA Corp Grab2Go AS Amazon.com, Inc. Microsoft Corporation EFG Hermes Egypt Broadcom Inc. Tesla, Inc. Delhivery Limited Ecom Express Ltd. Scripbox.COM India Ltd. SK hynix Inc. Tesmec S.p.A. OpenAI ERC USD FTSE NASDAQ Dubai UAE 20 Index The Goldman Sachs Group, Inc. Microsoft Corp JPMorgan Chase & Co.
Currencies:
United States Dollar Indian Rupee Chinese Yuan Japanese Yen Euro South Korean Won Pakistani Rupee Egyptian Pound United Arab Emirates Dirham Brazilian Real Qatari Riyal Saudi Riyal Indonesian Rupiah Vietnamese Đồng Hong Kong Dollar Offshore Chinese Yuan Canadian Dollar Malaysian Ringgit
People:
Donald Trump Amro Abouesh Scott Bessent Bilal Bin Saqib Changpeng Zhao Karim Awad Hadi Badri Mohamed Ebeida Ahmed Shams Rami Aboulnaga Hamed Ali Mohammed bin Salman Al Saud Joe Biden Nikolay Storonsky Hardy Pemhiwa Strive Masiyiwa Marwan Bin Shakar Hooi Ling Elizabeth Fuentes Farooq Syed

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Links

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Save settings
Reset settings
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.