Sika AG

Sika AG engages in the development and production of systems and products for bonding, sealing, damping, reinforcing, and protecting in the building sector and motor vehicle. It offers solutions for concrete, waterproofing, cement additives, rigid bonding, joint sealing, and tunneling and mining. The company was founded by Kaspar Winkler in 1910 and is headquartered in Baar, Switzerland.

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: Definitely Even More Interesting After The Dip

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.

Sika AG (SXYAY) Q3 2024 Earnings Call Transcript

Sika AG (OTCPK:SXYAY) H1 2024 Earnings Conference Call July 30, 2024 9:00 AM ET Company Participants Christine Kukan – Head-Investor Relations Dominik Slappnig – Head-Communications and Investor Relations Thomas Hasler – Chief Executive Officer Adrian Widmer – Chief Financial Officer Conference Call Participants Cedar Ekblom – Morgan Stanley Elodie Rall – JPMorgan Ephrem Ravi – Citigroup Brijesh Siya – HSBC Ebrahim Homani – CIC Martin Flückiger – Kepler Jon Bell – Deutsche Bank Arnaud Lehmann – Bank of America Yassine Touahri – On Field Investment Research Remo Rosenau – Helvetische Bank Operator A wonderful good afternoon, ladies and gentlemen. Welcome to the Sika Half Year 2024 Results Conference Call.

Sika AG (SXYAY) H1 2024 Earnings Call Transcript

Sika AG is a solid investment option with strong fundamentals and market leadership in specialty chemicals. Sika's portfolio includes world-leading brands in bonding, sealing, damping, reinforcing, and protection with impressive margins and market share. 1Q24 report shows double-digit growth in all regions, confirming the company's growth trajectory and strategic market positioning.

Sika: Something For The Long-Term

Sika AG is a solid investment option with strong fundamentals and market leadership in specialty chemicals.

Sika: Sub-Par Timing, But Solid Targets And A Good Upside

Ad Hoc Announcement Pursuant to Article 53 of the SIX Exchange Regulation Listing Rules 2024 ANNUAL GENERAL MEETING OF SIKA AG March 26, 2024 confirmed as date for the Annual General Meeting Except for the resigning Chair of the Board of Directors, Paul Hälg, all current members of the Board of Directors are standing for re-election The Board of Directors proposes to elect Thierry F.J. Vanlancker as new Chair of the Board of Directors and Thomas Aebischer as new member of the Board of Directors Gross dividend of CHF 3.30 per share proposed The Board of Directors has confirmed that the Annual General Meeting will be held on March 26, 2024.

2024 ANNUAL GENERAL MEETING OF SIKA AG

Sika AG (SXYAY) Q4 2023 Earnings Call Transcript

Sika AG, a multinational specialty chemical company, has seen significant growth in sales and margins in 2023. The company is expanding across various markets and leveraging global megatrends for future growth. Despite its high valuation, Sika AG remains a solid investment option with strong fundamentals and market leadership.

Sika: Upside After Buying The Dip

Sika is a leading construction chemical company with a wide range of products and is driven by refurbishment projects and infrastructure construction. The company's growth rate is impressive, with consistent revenue growth and a significant contribution from the Asia Pacific region. Sika's active acquisition strategy, including the recent acquisition of MBCC, is expected to generate substantial synergies and boost revenue and cost savings.

Sika: Growth Benefits From Both Refurbishment And New Construction

Sika AG (OTCPK:SXYAY) Q2 2023 Earnings Conference Call August 4, 2023 9:00 AM ET Company Participants Dominik Slappnig - Head, Corporate Communications & IR Thomas Hasler - CEO Adrian Widmer - CFO Conference Call Participants Priyal Woolf - Jefferies Martin Flueckiger - Kepler Cheuvreux Markus Mayer - Baader-Helvea Bernd Pomrehn - Vontobel Ebrahim Homani - CIC Yves Bromehead - Societe Generale John Fraser-Andrews - HSBC Stefanie Scholtysik - Mirabaud Securities Sebastian Bray - Berenberg Yassine Touahri - On Field Investment Research Pierre de Fraguier - Goldman Sachs Group Christian Arnold - Stifel, Nicolaus & Company Operator Ladies and gentlemen, welcome to the Sika Half Year Report 2023 Conference Call and Live Webcast. I'm Andre De Carlos, call operator.

Sika AG (SXYAY) Q2 2023 Earnings Call Transcript

Sika AG is a multinational specialty chemical company with over 110 years of history and operations in over 100 countries. The company is known for its stability and high-quality products, but its stock is trading at a premium compared to other chemical businesses. Sika benefits from global megatrends, such as the repair and refurbishment of older buildings and expansion into emerging markets like Southeast Asia.

Sika: Not As Great As Some Believe, But Quality And A 'Buy'

Despite challenging economic conditions, Sika ended the first quarter of 2023 with a slight growth. Sales in local currencies and organic growth both increased by 1.2%. In Swiss franc terms, Sika posted sales of CHF 2,325.9 million. Compared with the strong prior-year period and due to the stronger Swiss franc, the sales development in CHF amounted to -3.0%. This figure includes a currency effect of -4.2%. The more dynamic markets in the Americas and Asia/Pacific regions offset the weaker performance in Europe. Growth in Global Business clearly outstripped the market, and was once again in double digits. Sika achieved a substantial increase in the material margin in the first quarter, marking an important step on the road to material margin recovery.

SIKA PERFORMS WELL IN DEMANDING MARKETS: SLIGHT GROWTH IN LOCAL CURRENCIES IN FIRST QUARTER

2023 ANNUAL GENERAL MEETING OF SIKA AG

Sika AG is a specialty chemicals company focusing on products for the construction industry. The industry is certainly cyclical, but expansions in emerging and developing markets, plus boosted global infrastructure spending, provide secular growth.

Sika AG: Leveraging Global Expansion

Sika takes another step toward closing the MBCC acquisition. With valuations de-rated across the industry, the focus on inorganic growth makes sense.

Sika: A Brighter Outlook As MBCC Acquisition Draws To A Close

Sika outlined a clear path to achieving >25% ROCEs and sustaining through-cycle growth at its recent investor day event. The MBCC acquisition also remains on track.

Sika AG: Through-Cycle Growth Potential Intact

Sika shares have sold off significantly from their 52-week high with no real company-specific issues beyond some exposure to higher energy and input costs.

Sika's Pullback Looks Like A Real Opportunity

2022 ANNUAL GENERAL MEETING OF SIKA AG

Ad Hoc Announcement Pursuant to Article 53 of the SIX Exchange Regulation Listing Rules

RECORD RESULTS FOR SALES AND PROFIT – EBIT MARGIN INCREASED TO 15.0%

Construction chemicals maker Sika reported on Tuesday a 17.3% rise in 2021 sales, boosted by a raft of acquisitions and the upturn in the building industry after pandemic closures the year before. The Swiss company, whose products are used to reinforce and water-proof concrete, said full-year sales rose to 9.24 billion francs ($9.98 billion) from 7.88 billion francs in 2020.

Sika reports 17.3% jump in full-year sales

EXTRAORDINARY GENERAL MEETING OF SIKA AG

Sika can overcome rising raw material costs and supply chain restrictions to increase its sales and profit margins this year, the Swiss construction chemicals maker said on Thursday.

Sika confident it can handle raw material price rises

Sika saw strong recovery growth in the first half of the year, but revenue was basically in line with expectations; where Sika really impressed was in its operating costs.

Sika Leveraging Stronger Construction Markets, And Well-Placed To Leverage Green Urbanization For Years To Come

Sika has seen a strong start to 2021, with very strong early growth in China and double-digit growth in Europe, and input cost inflation is being mitigated with pricing. With a strong focus on functional construction products, Sika is well-placed to benefit from the long-term "greening" of construction, as builders pay more attention to energy efficiency and carbon footprints.

News for Sika AG Stock (SXYAY)