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Sika (SXYAY)
OTHER OTC:SXYAY
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Earnings Data
Report Date
Feb 21, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.44Last Year’s EPS
0.44Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 25, 2018
|% Change Since: -10.69%
|Next Earnings Date:Oct 25, 2018
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance with record sales and margin improvements, driven by successful integration of acquisitions and strategic expansions. However, challenges in currency impacts and specific regional and sector declines were noted. Overall, the positive developments outweighed the negatives, indicating robust growth potential.Company Guidance
In the call, Sika provided guidance indicating strong performance in the first nine months of 2024, with sales reaching CHF 8.9 billion, reflecting a 5.5% growth in Swiss francs. Organic growth was 1% year-to-date, with a notable improvement in the Americas, particularly North America, which saw over 4% growth in Q3. The material margin improved from 53.1% to 54.7%, and the EBITDA margin increased from 17.8% to 19.1%. The company benefited from synergies related to the MBCC transaction, with expectations for 2024 synergies in the range of CHF 100 million to CHF 120 million. Sika confirmed its guidance of 6% to 9% growth in local currency for the full year and emphasized ongoing strategic targets outlined for 2028.Record Sales Performance
Sika achieved CHF 8.9 billion in sales, marking a 5.5% growth in Swiss francs, driven by both the MBCC transaction and organic growth, with the Americas contributing above 4% in Q3.
Strong Margin Expansion
Material margin improved from 53.1% to 54.7%, and EBITDA margin increased from 17.8% to 19.1%, supported by MBCC synergies and operational efficiencies.
Successful Integration and Synergies
Sika realized total synergies of CHF 89 million in the first nine months from the MBCC acquisition, on track to reach the upper end of the synergy target range for 2024.
Positive Organic Growth Trajectory
Organic growth improved from 0.2% in Q1 to 1.7% in Q3, with significant contributions from the Americas and improving trends in EMEA.
Strategic Geographic Expansion
New plants opened in Latin America, the US, Germany, and Australia, enhancing Sika's footprint and reinforcing growth potential in strategic markets.
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SXYAY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SXYAY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 25, 2024 | $28.63 | $28.52 | -0.38% |
| Jul 30, 2024 | $29.75 | $30.37 | +2.08% |
| Feb 16, 2024 | $27.84 | $28.61 | +2.77% |
| Oct 20, 2023 | $24.12 | $24.12 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Sika (SXYAY) report earnings?
Sika (SXYAY) is schdueled to report earning on Feb 21, 2025, TBA Not Confirmed.
What is Sika (SXYAY) earnings time?
Sika (SXYAY) earnings time is at Feb 21, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SXYAY EPS forecast?
SXYAY EPS forecast for the fiscal quarter 2024 (Q4) is 0.44.
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