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Sika (SXYAY)
OTHER OTC:SXYAY
Earnings Data
Report Date
Feb 21, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.44Last Year’s EPS
0.44Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 25, 2024
|% Change Since: -8.45%
|Next Earnings Date:Feb 22, 2025
Earnings Call Sentiment|Positive
Sika reported strong financial performance with record revenue growth, improved profitability, and successful integration of MBCC. However, challenges remain in the Chinese market and foreign exchange impacts. The overall outlook remains positive with continued focus on sustainable and profitable growth.Company Guidance
In the call transcript for Sika's fiscal year 2024, the company reported impressive financial metrics, including a record net sales figure of CHF 11.76 billion, reflecting a 7.4% growth in local currency and a 4.7% increase in Swiss francs. Sika achieved an all-time high EBITDA margin of 19.3%, alongside a net profit jump of 17.4% compared to the previous year. The earnings per share (EPS) rose by 49% to CHF 7.76, and the company has seen a substantial 200% growth in dividends over the last decade. Regionally, sales growth was strong, with the Americas achieving 11%, EMEA 7%, and Asia Pacific 2.4%. Notably, the EMEA region crossed the CHF 5 billion sales mark for the first time, and the Americas reached CHF 4 billion. Sika's strategic efforts, including the successful integration of MBCC and a focus on cross-selling and operational efficiencies, contributed to these results. The company remains optimistic about further growth, setting a target of 3% to 6% sales growth in local currency for 2025, with EBITDA margins expected to rise to between 19.5% and 19.8%.Record Revenue Growth
Sika achieved net sales of CHF 11.76 billion, marking a new record for 2024 with a 7.4% growth in local currency and a 4.7% growth in Swiss francs.
EBITDA Margin Improvement
The company achieved an all-time high EBITDA margin of 19.3%, with an 11% increase in EBITDA to CHF 2.27 billion.
Strong Net Profit Growth
Net profit increased by 17.4%, reaching CHF 1.25 billion, reflecting a strong financial performance.
Successful MBCC Integration
Generated CHF 125 million in synergies from the MBCC acquisition, exceeding initial guidance.
Dividend Growth
The Board of Directors proposed a dividend increase of 9.1% to CHF 3.60 per share.
Improved Employee Engagement
Employee engagement survey showed a strong 86% engagement level, indicating a highly dedicated workforce.
Sustainability Achievements
Significant reductions in accidents (36%), CO2 emissions (10%), and water discharge (7%) were achieved in alignment with sustainability goals.
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SXYAY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SXYAY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 25, 2024 | $28.63 | $28.52 | -0.38% |
| Jul 30, 2024 | $29.75 | $30.37 | +2.08% |
| Feb 16, 2024 | $27.84 | $28.61 | +2.77% |
| Oct 20, 2023 | $24.12 | $24.12 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Sika (SXYAY) report earnings?
Sika (SXYAY) is schdueled to report earning on Feb 21, 2025, TBA Not Confirmed.
What is Sika (SXYAY) earnings time?
Sika (SXYAY) earnings time is at Feb 21, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SXYAY EPS forecast?
SXYAY EPS forecast for the fiscal quarter 2024 (Q4) is 0.44.
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