Sika reports better-than-expected full-year profit
Swiss construction chemicals maker Sika reported better-than-expected full-year core profit on Friday and said it expects 2025 sales to increase by 3%-6% in local currencies.
Sika: Definitely Even More Interesting After The Dip
I have increased my exposure to the industrial sector, particularly Sika AG, due to its strong fundamentals and market leadership in specialty chemicals. Sika AG has shown record sales and profit, with significant organic growth and successful acquisitions, despite recent stock underperformance. The company's valuation at 31.5x P/E is justified by its double-digit EPS growth and strategic expansion in emerging markets.
Sika AG (SXYAY) Q3 2024 Earnings Call Transcript
Sika AG (OTCPK:SXYAY) Q3 2024 Earnings Conference Call October 25, 2024 9:00 AM ET Company Participants Dominik Slappnig - Head-Communications and Investor Relations Thomas Hasler - Chief Executive Officer Adrian Widmer - Chief Financial Officer Conference Call Participants Cedar Ekblom - Morgan Stanley Priyal Woolf - Jefferies Martin Flueckiger - Kepler Cheuvreux Pierre de Fraguier - Goldman Sachs Brijesh Siya - HSBC Ephrem Ravi - Citigroup Jon Bell - Deutsche Bank Yassine Touahri - On Field Investment Research Elodie Rall - JPMorgan Christian Arnold - Stifel Schweiz Arnaud Lehmann - Bank of America Operator Ladies and gentlemen, welcome to the Sika Nine Months 2024 Results Conference Call and Live Webcast. I'm Sandra, the Chorus Call operator.
