SWX:SIKAChemicals
Sika (SWX:SIKA) Is Down 7.6% After Cutting 2025 Margin Outlook And Launching ‘Fast Forward’ Restructuring – Has The Bull Case Changed?
Sika AG recently reported preliminary 2025 results showing CHF 11.20 billion in sales, modest growth in local currencies but a reported sales decline due to a strong Swiss franc, softer construction demand in markets such as China and the US, and an earnings margin outlook now only slightly above 19% excluding one-off restructuring costs.
Management launched the “Fast Forward” cost and investment program, including up to 1,500 job cuts and targeted annual savings of CHF 150–200 million by...