EMS Chemie falls, analyst points to profit taking

By Reuters News

** Shares in Swiss chemicals company EMS Chemie are down 2% with an analyst pointing to short-term profit taking and sector rotation

** The company raised its sales guidance on Thursday, saying it expects 2026 sales to reach the same level as last year, after previously projecting them to be slightly below

** Eugen Perger from Research Partners AG links the move to short-term profit taking

** "Stock should however advance soon again with the increased guidance and estimates" Perger adds

** The stock is up around 60% YTD

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