Sika AG
SIKA: XSWX (CHE)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|zp | LOCK|L!^rL | LOCK|<XZZ$%f |
Sika Earnings: Strong Acceleration in Organic Revenue Leads to Sales Guidance Upgrade
Sika reported 2.9% organic revenue growth during the first half of the year, with a sharp acceleration in the second quarter. Full-year guidance for sales growth in local currencies was raised by 2% to between 3% and 6%. Shares are trading 6% higher intraday July 28.
