Report
Chaima Ferrandon ...
  • Sven Edelfelt

Sika : A new life to find

>EBITDA & EBIT in line with forecasts - The group reported this morning H1 EBIT (including one-offs) in line with forecasts at CHF 822.2m (consensus CHF 816m and ODDO BHF CHF 804m est.), a margin of 14.1% (EBITDA margin at 18.7%). The MBCC integration costs stood at CHF 11.9m, in line with our forecasts (CHF 15m). FCF came to CHF 401m (vs CHF 316m) and the gross margin improved to 55.1% vs 48.7% (51.5% est. for ODDO BHF).H1 2024 sales stood at CHF 5,834.8m (+0.5%...
Underlying
Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Chaima Ferrandon

Sven Edelfelt

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