Sika : Turning quickly to 2023 after a FY 2022 to be forgotten
>2022 to be forgotten: EBIT in line and the Q4 margin finally stabilises! - After publishing in early January FY 2022 sales of CHF 10.49bn, up 15.8% in local currency (see our comment ‘Year end on the light side’), the group reported this morning EBIT in line with expectations, at CHF 1,580m (consensus CHF 1,585m), giving a margin of 15.1% in line with the consensus.For Q4, EBIT was up 3% to CHF 349m and the margin reached 14% vs 14.1% in Q4 2021. The latter has ...
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.
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