16.01.2015
Baader Bank AG DE0005088108
DGAP-News: Baader Bank AG: 11. Baader Helvea Swiss Equities Conference 2015 - Presenting companies likely to cope well with currency pressures over time
DGAP-News: Baader Bank AG / Key word(s): Conference
Baader Bank AG: 11. Baader Helvea Swiss Equities Conference 2015 -
Presenting companies likely to cope well with currency pressures over
time
16.01.2015 / 15:36
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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.
"We are delighted that the conference continues to grow in the second year
that Helvea has been part of the Baader Bank Group and that it remains an
attractive platform for companies and investors. This is an impressive
indication that the combined businesses are performing well", states Oliver
Riedel, CEO Helvea. "Helvea has excellent contacts with Swiss companies and
a broad international network of investors, which has been further expanded
by Baader Bank".
The next Baader Helvea Swiss Equities Conference will take place in early
January 2016 - once again in Bad Ragaz.
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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: [email protected]
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 16.01.2015
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