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Added to YB: 2025-10-30

Pitch date: 2025-10-28

SIKA.SW [neutral]

Sika AG

+2.23%

current return

Author Info

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Company Info

Sika AG, a specialty chemicals company, develops, produces, and sells systems and products for bonding, sealing, damping, reinforcing, and protecting in the building sector and motor vehicle industry worldwide.

Market Cap

CHF 25.2B

Pitch Price

CHF 159.00

Price Target

N/A

Dividend

2.29%

EV/EBITDA

14.00

P/E

N/A

EV/Sales

2.71

Sector

Chemicals

Category

turnaround

Show full summary:
Sika (SIKA Switzerland): Transition years test patience as China drags and restructuring resets expectations

SIKA.SW (quick overview): Swiss construction chemicals co facing China headwinds (mid-teens revenue exposure) dragging Q3 results. Launched 'Fast Forward' cost program: CHF 80-100M restructuring charges 2024, CHF 120-150M capex for CHF 150-200M annual savings from 2028. China weak thru H1 2026, organic growth likely lower end of 3-6% range. Strong fundamentals but show-me story now.

Read full article (2 min)