21 February 2025
If you are covering Sika’s latest financial results, please find below a comment from Maurizio Carulli, global energy and materials analyst at Quilter Cheviot:
“Sika delivered a positive set of full year results, which came in slightly better than expectations. The company has proven to be remarkably robust over the years and has demonstrated once again that it can perform well even in difficult market conditions.
“One of the big, and pleasant, surprises from today’s announcement has been the 9% growth in dividend, a sign of the board’s confidence in Sika’s strong fundamentals. As part of this guidance for 2025 and beyond has remained reassuring, despite the difficult economic environment, with further margin expansion expected, along with an and over-proportional increase in earnings.
“Under the helm of experienced CEO Thomas Hasler, the company is well positioned for benefitting in any future improvement in the currently challenging market for chemical products used in the construction and auto industries.”
