If you are building a properly diversified stock portfolio, the chances are some of your picks will perform badly. But...
Schweiter Technologies AG ( VTX:SWTQ ), might not be a large cap stock, but it saw significant share price movement...
Ad hoc announcement pursuant to Art. 53 of the Listing Rules of SIX Exchange Annual results 2023 Operating profits up despite fall in sales Sales down by -11% to CHF 1070 million or -7% after currency adjustments Improvement in result with EBITDA of CHF 90 million (+5%) and EBIT of CHF 50 million (+18%)Significant increase in operating cash flow of 62% to CHF 78 million“Accelerate” performance program launched to increase efficiency and innovationSolid balance sheet with equity ratio of 68% Stei