Sika H1 Profit, Sales Down, EBITDA Margin Rises; | Global Market News
(RTTNews) – Sika AG (SXYAY.PK, SKFOF.PK), a Swiss specialty chemical company, reported Tuesday decrease revenue and internet gross sales in its first half, whereas EBITDA margin elevated from final 12 months.
Looking forward, Sika stated it expects to proceed to grow above the market and give attention to margin enchancment amid unsure market development, arising specifically as a end result of ongoing trade conflicts.
For the 2025 business 12 months, Sika now expects a modest gross sales increase in native currencies. The company beforehand anticipated gross sales growth of 3 to six % in native currencies.
The company continues to anticipate an over-proportional increase in EBITDA and an EBITDA margin of between 19.5 % and 19.8 %.
Sika additional confirmed its strategic medium-term targets for 2028 for sustainable, profitable growth.
In the primary half, revenue after taxes dropped 3.9 % to 554.4 million Swiss francs from prior 12 months’s 577.1 million francs. Earnings per share have been 3.45 francs, decrease than 3.59 francs a 12 months in the past.
Operating revenue earlier than depreciation or EBITDA fell 2.1 % year-over-year to 1.07 billion francs, whereas EBITDA margin elevated to 18.9 % from earlier 12 months’s 18.7 %, supported by robust synergy momentum.
Net gross sales of 5.68 billion francs dropped 2.7 % from prior 12 months’s 5.83 billion euros.
Sales grew 1.6 % in native currencies, with 0.6 % attributable to natural growth and 1.0 % to acquisition impact
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