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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 ...

Company Participants Christoph Ganz - Chief Executive Officer, North America John Revill - Reuters Benjamin Triebe - NZZ Remo Rosenau - Helvetische Bank Jon Bell - Deutsche Bank Christian Arnold - Stifel Martin Flueckiger - Kepler Cheuvreux Alessandro Foletti - Octavian Alessandro Foletti - Octavian Elodie Rall - JPMorgan Cedar Ekblom - Morgan Stanley Arnaud Lehmann - Bank of America Adrian Widmer - Chief Financial Officer Thomas Hasler So good morning, and welcome to our annual results presentation. Thanks ...

Sika AG (OTCPK:SXYAY) Q3 2023 Earnings Conference Call October 20, 2023 9:00 AM ET Company Participants Dominik Slappnig - Head Communication and Investor Relations Thomas Hasler - CEO Adrian Widmer - CFO Conference Call Participants Cedar Ekblom - Morgan Stanley Yassine Touahri - On Field Investment Research Yves Bromehead - Societe Generale Christian Arnold - Stifel Elodie Rall - J.P. Morgan Operator Ladies and gentlemen, welcome to the Sika Nine Months 2022 Conference Call and Live Webcast. I'm [Samra], ...

Sika AG (OTCPK:SXYAY) Q2 2023 Earnings Conference Call August 4, 2023 9:00 AM ET Company Participants Dominik Slappnig - Head, Corporate Communications & IR Thomas Hasler - CEO Adrian Widmer - CFO Conference Call Participants Priyal Woolf - Jefferies Martin Flueckiger - Kepler Cheuvreux Markus Mayer - Baader-Helvea Bernd Pomrehn - Vontobel Ebrahim Homani - CIC Yves Bromehead - Societe Generale John Fraser-Andrews - HSBC Stefanie Scholtysik - Mirabaud Securities Sebastian Bray - Berenberg Yassine Touahri - O ...

Sika AG (OTCPK:SXYAY) Q4 2020 Earnings Conference Call February 19, 2021 4:00 AM ET Company Participants Paul Hälg - Chairman Paul Schuler - Chief Executive Officer Thomas Hasler - Head Global Business and Industry Dominik Slappnig - Head-Corporate Communication & Investor Relation Adrian Widmer - Chief Financial Officer Christoph Ganz - Regional Manager Americas Ivo Schädler - Regional Manager, EMEA Mike Campion - Senior Vice President, Concrete Conference Call Participants Markus Mayer - Baader Bank Xinto ...