>Q3 EBITDA 2% below expectations - This morning Sika reported Q3 EBITDA of CHF 609m, 2% lower than forecast (consensus CHF 621m and ODDO BHF estimate: CHF 633m) i.e. a 19.8% margin, down 30bp. Free cash flow came to CHF 849.5m (vs CHF 896.5m) and the gross margin improved to 54.2% vs 53.1% (ODDO BHF estimate: 54.1%).Q3 2024 sales dipped 0.7% to CHF 3,080m (+1.7% LFL), close to the consensus (CHF 3,091m) and our estimate (CHF 3,082m). Q3 organic sales growth of ...
>EBITDA T3 2% inférieur aux attentes - Le groupe a publié ce matin un EBITDA T3 à 609 MCHF, 2% inférieur aux attentes, (consensus 621 MCHF et ODDO BHF à 633 MCHFe), soit une marge de 19.8% en recul de 30 pb. Le FCF ressort à 849.5 MCHF (vs 896.5 MCHF) et la marge brute s’améliore à 54.2% contre 53.1% (54.1%e pour ODDO BHF).Le CA du T3 2024 ressort à 3 080 MCHF (+1.7% à pcc et -0.7% en réel), proche du consensus (3 091 MCHFe) et nos estimations (3 082 MCHFe). Su...
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