西卡公司首席执行官：美国建筑行业乐观情绪受到特朗普贸易不确定性影响。 ...

Group 1: Product Development - BASF SE and Sika have collaborated to create a new amine building block for curing epoxy resins, marketed as Baxxodur EC 151, which is particularly beneficial for flooring applications in various industrial settings [1] - Baxxodur EC 151 provides low viscosity and excellent flow properties, requiring significantly less thinner and releasing up to 90% fewer volatile organic compounds (VOCs) compared to traditional hardeners, promoting sustainability [2] Group 2: Performance and Usability - Epoxy resin coatings using Baxxodur EC 151 cure rapidly across a broad temperature range, enhancing usability in colder months and reducing curing time by up to two-thirds compared to conventional hardeners [3] - The cured products exhibit a smooth, glossy finish with excellent color stability and high resistance to mechanical and chemical impacts, leading to lower maintenance costs [4] Group 3: Strategic Partnership and Market Position - The collaboration between Sika and BASF has been crucial in developing this innovative solution, aiding customers in achieving efficiency and sustainability goals [5] - BASF's shares have decreased by 0.3% over the past year, contrasting with a 12.9% decline in its industry [5]

Financial Data and Key Metrics Changes - Net sales reached CHF 11.76 billion, marking a record for 2024 with a growth of 7.4% in local currency and 4.7% in Swiss francs [57] - EBITDA increased to CHF 2.27 billion, representing 19.3% of net sales, an 11% growth [58] - Net profit rose by 17.4% to CHF 1.25 billion, accounting for 10.6% of net sales [58] - Earnings per share increased by nearly 50% over the past five years, reaching CHF 7.76 from approximately CHF 5 in 2020 [10] - The company proposed a dividend increase of 9.1% to CHF 3.60 per share, up from CHF 3.30 [81] Business Line Data and Key Metrics Changes - Sales growth by region: Americas at 11%, EMEA at 7%, and Asia Pacific at 2.4% [12] - EMEA crossed the CHF 5 billion mark for the first time, while the Americas surpassed CHF 4 billion [13] - The integration of MBCC contributed significantly to sales growth, with organic growth at 1.1% and a 1.7% increase in the second half of 2024 [60] Market Data and Key Metrics Changes - The company outperformed peers by more than 2% in market share gains [14] - The Americas region showed strong double-digit growth, particularly in the US and Brazil, with mid-single-digit growth expected in 2025 [100][101] - EMEA is projected to see low single-digit growth due to various market challenges, but opportunities exist in sectors like power and energy [85][86] Company Strategy and Development Direction - The company aims for a top-line growth of 6% to 9% and achieved 7.4% in 2024, with a target EBITDA margin of 20% to 23% starting next year [26] - Focus on cross-selling across various industries, including automotive and residential construction, to maximize revenue from fewer projects [89][91] - Continued emphasis on digitalization and innovation to enhance operational efficiency and customer engagement [95][96] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about growth opportunities despite challenges such as inflation and geopolitical tensions [101] - The company is well-prepared for tariff situations due to a robust local manufacturing presence [102] - The outlook for 2025 includes expectations of continued growth in infrastructure projects and data centers across regions [108][110] Other Important Information - The company achieved CHF 125 million in synergies from the MBCC integration, exceeding initial guidance [34][68] - Significant improvements in safety metrics, with a 36% reduction in accidents per 1000 employees [22] - The company is actively pursuing bolt-on acquisitions to enhance its market position [32] Q&A Session Summary Question: What is the outlook for the EMEA region? - The EMEA region is expected to see low single-digit growth, with positive developments in specific markets like power and energy [85][86] Question: How is the Americas region performing? - The Americas region experienced strong double-digit growth in 2024, with optimism for continued growth in 2025 driven by local manufacturing and infrastructure investments [100][101] Question: What are the key challenges facing the company? - Challenges include inflation, geopolitical tensions, and a difficult construction market in China, but the company remains focused on leveraging its strengths to navigate these issues [101][118]

SIKA WITH RECORD RESULTS – STRONGER THAN EVER SIKA MEDIA AND INVESTOR PRESENTATION ZURICH, FEBRUARY 21, 2025 1. HIGHLIGHTS 2024, THOMAS HASLER (CEO) 2. SUCCESSFUL FIRST YEAR OF STRATEGY 2028, THOMAS HASLER (CEO) 3. STRONG BUSINESS EXECUTION, THOMAS HASLER (CEO) 4. FINANCIAL RESULTS, ADRIAN WIDMER (CFO) 5. OUTLOOK, THOMAS HASLER (CEO), CHRISTOPH GANZ (EMEA), MIKE CAMPION (AMERICAS), PHILIPPE JOST (ASIA/PACIFIC) 6. QUESTIONS AND ANSWERS 1. HIGHLIGHTS 2024, THOMAS HASLER (CEO) 2. SUCCESSFUL FIRST YEAR OF STRAT ...

Core Viewpoint - The article discusses the author's long position in SXYAY shares, indicating a positive outlook on the company's future performance [1]. Group 1 - The author expresses personal opinions on the investment without receiving compensation from any company mentioned [1]. - The article emphasizes the importance of conducting due diligence and research before making investment decisions [2]. - It highlights that past performance does not guarantee future results, and opinions may not reflect the views of Seeking Alpha as a whole [3].

Financial Data and Key Metrics - Sales reached CHF 8.9 billion, with a 5.5% growth in Swiss francs, driven by organic growth and the MBCC transaction [4] - Material margin expanded from 53.1% to 54.7%, and EBITDA margin improved from 17.8% to 19.1% [5] - EBITDA increased by 13.2% to CHF 1.7 billion, with an EBITDA ratio of 19.1% of net sales [16] - Net profit increased strongly to CHF 922.6 million, representing 10.3% of net sales [17] - Operating free cash flow for the first nine months was CHF 850 million, with close to CHF 450 million generated in Q3 [17] Business Line Performance - Organic growth was 1% for the first nine months, gradually increasing from 0.2% in Q1 to 1.7% in Q3 [9] - Acquisitions, including MBCC, Kwik Bond, and Vinaldom, contributed 8.1% to growth [9] - The Americas region recorded 12.2% growth, with organic growth in Q3 at 4.3%, driven by infrastructure projects and reshoring activities [11] - Asia Pacific sales increased by 4.7%, with organic growth slightly negative at -0.5%, impacted by a sluggish residential market in China [12] Market Performance - EMEA region grew by 9%, with organic growth at 0.7%, improving to 1.0% in Q3 [10] - North America showed strong momentum, particularly in the U.S., supported by government-funded infrastructure projects [11] - China experienced moderate growth in the distribution business, while the project business declined [12] - Southeast Asia showed strong momentum with high single-digit growth year-to-date [12] Strategy and Industry Competition - The company confirmed its 6% to 9% growth target in local currency for 2024, with a focus on strategic targets outlined in the 2028 strategy [7] - Expansion in Latin America, the U.S., Germany, and Australia reflects the company's belief in the potential of fiber technology [6] - The acquisition of Kwik Bond and Vinaldom enhances the company's infrastructure offering and market penetration in North America and the Caribbean [7] Management Commentary on Operating Environment and Future Outlook - The company remains optimistic about the positive momentum in North America and expects continued growth in Q4 [22] - Management highlighted the potential for further organic growth, particularly in EMEA and Asia Pacific, despite challenges in the automotive sector [32] - The company is confident in achieving its long-term targets, with a focus on adaptive pricing and operational efficiency [61] Other Important Information - The company realized CHF 89 million in synergies from the MBCC transaction in the first nine months of 2024, on track to reach the upper end of the CHF 100 million to CHF 120 million target range [15] - Net debt-to-EBITDA leverage stood at 2.4 times, with expectations to reduce it further to around 2.1 by year-end [58] Q&A Session Summary Question: Impact of weather on North American construction activity in Q3 - Management noted that weather had minimal impact on Q3 performance, with strong growth driven by infrastructure spending and reshoring activities [21][22] Question: Growth potential for North America in the medium term - North America is expected to deliver high single-digit growth, driven by infrastructure spending, reshoring, and market share gains [40] Question: Trading update for October and organic growth drivers in Q4 - Management expects the positive momentum to continue into Q4, with growth drivers including infrastructure projects and reshoring activities [36] Question: EBITDA margin in Q3 and expectations for Q4 - The EBITDA margin in Q3 was slightly down year-over-year due to strong comparables, but the company expects continued improvement in Q4 [34] Question: Organic growth in the automotive business in Q3 - The automotive sector in Europe faced a decline in volumes, impacting organic growth in EMEA, but other regions were less affected [32] Question: Gross margin trends and expectations for 2025 - Gross margin is expected to remain within the 54% to 55% range, with seasonal fluctuations and no major deviations from expectations [66] Question: M&A pipeline and potential for bolt-on acquisitions in 2025 - The company has an active M&A pipeline and is open to bolt-on acquisitions, with leverage expected to decrease further in 2025 [59] Question: Pricing environment and expectations for 2025 - The company emphasized adaptive pricing due to volatile input costs, with no long-term pricing guidance provided [61] Question: Impact of China on Asia Pacific performance - China's direct business experienced a double-digit decline, impacting overall organic growth in Asia Pacific, but other regions like Southeast Asia and India showed strong growth [48] Question: Update on the EU Commission's investigation into price fixing in concrete admixtures - The investigation is ongoing, with no significant updates to report, and the company continues to support fair competition [84]

SIKA NINE MONTHS 2024 NEW RECORDS IN SALES AND PROFIT – ORGANIC GROWTH ACCELERATES SIKA INVESTOR PRESENTATION OCTOBER 2024 | --- | --- | |----------------------------------------------------------|-------| | | | | 1. FIRST NINE MONTHS 2024 | | | 2. OUR FIRST YEAR OF STRATEGY 2028 | | | 3. UNLOCK GROWTH WITH DURABILITY AND CIRCULARITY | | | | | | 4. OUTLOOK | | | | | | | | | | | 1. FIRST NINE MONTHS 2024 RECORD RESULTS IN FIRST NINE MONTHS OF 2024 ORGANIC GROWTH ACCELERATES FURTHER Sales and profit ▪ Sales o ...

SIKA INVESTOR PRESENTATION BAAR, JULY 30, 2024 RECORD RESULTS IN THE FIRST HALF OF 2024 GROWTH IN LOCAL CURRENCIES OF 12.8% ▪ Sales growth of 12.8% in local currencies. Record sales of CHF 5,834.8 million (+9.2% in CHF) ▪ EBITDA margin jumps to 18.7% (first half of 2023: 16.5%) ▪ Operating free cash flow increased to record of CHF 401.3 million (2023: CHF 322.5 million) ▪ Successful integration of MBCC with raised synergy guidance for the year (CHF 100-120 million) ▪ Two new plants opened in Peru and China ...

Sika AG (OTCPK:SXYAY) H1 2024 Earnings Conference Call July 30, 2024 9:00 AM ET Company Participants Christine Kukan – Head-Investor Relations Dominik Slappnig – Head-Communications and Investor Relations Thomas Hasler – Chief Executive Officer Adrian Widmer – Chief Financial Officer Conference Call Participants Cedar Ekblom – Morgan Stanley Elodie Rall – JPMorgan Ephrem Ravi – Citigroup Brijesh Siya – HSBC Ebrahim Homani – CIC Martin Flückiger – Kepler Jon Bell – Deutsche Bank Arnaud Lehmann – Bank of Amer ...

cost) Synergies CONSOLIDATED BALANCE SHEET 2023 NET DEBT/EBITDA DEVELOPMENT (AS REPORTED) STRONG DELEVERAGING PROFILE ▪ Net debt reduced to CHF 5.2 bn Dividend payment of CHF 3.30 per share (+3.1% vs. previous year) 2. SUCCESSFUL MBCC ACQUISITION, THOMAS HASLER (CEO) 6. OUTLOOK, THOMAS HASLER (CEO), CHRISTOPH GANZ (EMEA), PHILIPPE JOST (ASIA/PACIFIC), MIKE CAMPION (AMERICAS) ▪ Clear focus on "go where the money is" – targeting opportunities for growth and developing a vertical market approach in our regiona ...