DKSH Holding rises after H1 cash flow, EBIT beat
** Shares of DKSH Holding DKSH.S rise around 8% to September highs after the Swiss group reported better-than-expected H1 free cash flow (FCF) and earnings
** "H1 free cash flow came in twice as high as consensus expectations, driven by lower capex and a reduction in net working capital (NWC)," says Zuercher Kantonalbank analystGian Marco Werro
** FCF came in at160.8 million Swiss francs compared to Vara's consensus of 80.2 million Swiss francs
** H1 core EBIT increased by 8.2% at constant exchange rates to 163.6 million Swiss francs
** "Core EBIT came in 3% above our forecast and above consensus," Vontobel says
** The stock is among top performers of European STOXX600 index .STOXX; if gains hold, it will see its best day since February 2020
Reporting by Anastasiia Kozlova
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