Sika falls after FY miss, guidance cut

Sika AG

13/01/2026 08:28

** Shares of Sika AGSIKA.S are down around 7% to their lowest price since November after the Swiss construction chemicals maker reported lower-than-expected full-year results and cut its guidance

** Full-year sales dropped by 4.8% to 11.20 billion Swiss francs ($14.04 billion), missing consensus analyst forecasts of 11.42 billion gathered by Visible Alpha

** "The miss was driven by all regions at the local-currency level, though most materially by APAC and the Americas," RBC analysts say

** Sika said it expects full-year EBITDA margin to be "slightly above 19%" compared with its previous guidance for "19.5-19.8%"

($1 = 0.7975 Swiss francs)

(Reporting by Simon Ferdinand Eibach)

((Simonferdinand.eibach@thomsonreuters.com))