Report
Chaima Ferrandon ...
  • Sven Edelfelt

Sika : Set to move higher

>Update on a slightly disappointing Q4 - This note provides an update on Sika’s disappointing sales release from 10 January. To recap, Q4 2023 sales came in at CHF 2.845bn (+0.8% l-f-l and +20.5% in real terms), 4% below the consensus (CHF 2.961bn est.). The tougher forex situation partly accounted for this deterioration, but growth in the Americas was also quite underwhelming. This is likely due to base effects to the tune of 1.5%, in connection with the pre-orders i...
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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