- Sika’s first-quarter sales were CHF 2.68 billion, falling short of the CHF 2.73 billion estimate.
- Sales in the EMEA (Europe, the Middle East, and Africa) region reached CHF 1.20 billion.
- Sales in the Americas amounted to CHF 934.7 million.
- In the Asia Pacific region, sales were CHF 539.5 million.
- Overall sales in local currencies grew by 1.9%, below the expected 3.76% increase.
- Sales growth in EMEA in local currencies was a modest 0.7%.
- The Americas saw a 4.9% increase in sales in local currencies, missing the 6% growth estimate.
- Investor recommendations include 16 buy ratings, 3 hold ratings, and 5 sell ratings for Sika.
A look at Sika Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts utilizing Smartkarma Smart Scores have assessed Sika’s long-term outlook based on various key factors. Sika has received a moderate score for its value proposition, indicating a balanced evaluation of its current market price. With a consistent score in dividend yield, the company provides stable returns to its investors. In terms of growth potential, Sika has been rated positively, reflecting optimistic projections for its future expansion. Additionally, the company demonstrates resilience in the face of challenges, as reflected in its score in that aspect. Furthermore, Sika maintains a stable momentum, suggesting steady performance in the market.
Sika AG is a manufacturing company specializing in construction materials, offering a diverse range of products including concrete, sealants, adhesives, and industrial flooring. With a global presence, Sika caters to customers worldwide, emphasizing its reach and market influence. The company’s Smartkarma Smart Scores highlight a balanced outlook across different aspects, indicating a solid foundation for long-term growth and sustainability in the industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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