Sika AG
SIKA: XSWX (CHE)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| lcr | LOCK|tP@nN | LOCK|mK?r<B? |
Sika Earnings: Impressive Margin Expansion in Challenging Environment; Lower FVE by 5% to CHF 200
An increase in Sika's EBITDA margin partially offset the impact of a 3% decline in net sales during the first half. Unfavorable currency translation and soft demand in China were the main contributors behind its first-half sales coming below FactSet consensus. Shares are trading 3% lower intraday.
