Sika gains after announcing efficiency program

Sika AG

27/11/2025 07:19

** Shares in Sika SIKA.S are seen rising 1% in premarket indications after the Swiss chemicals firm announced a new efficiency program and confirmed its guidance

** Among other things, it expects annual savings between 150-200 million Swiss francs  ($186.54 million - $248.73 million) with full impact as of 2028

** It also sees non-recurring costs of CHF 80 to 100 million in 2025 for structural adjustments in China and efficiency measures in other market

** Analysts at Vontobel say that execution risk around restructuring is "non‑trivial"

** "But the package strengthens confidence in Sika's path to >20% EBITDA margin and supports a quality growth equity story into Strategy 2028," they add

** The brokerage notes the stock is part of its top-pick list for 2026, supported by potential U.S. rate cuts and attractive valuation

($1 = 0.8041 Swiss francs)

 (Reporting by Paolo Laudani in Gdansk)

 ((Paolo.laudani@thomsonreuters.com))