Sika reported a 4.8% sales increase in local currencies for the first nine months of 2026, reaching CHF 8.71 billion despite a negative currency effect. The company improved its material margin to 55.4% and maintained an EBITDA margin of 19.2%, with net profit rising to CHF 887.8 million. Sika's growth is driven by market share gains across regions, successful acquisitions including Akkim and Azpects Group, and its Fast Forward program targeting cost savings of CHF 80 million in 2026. The company reaffirmed its 2026 guidance of 3-6% sales growth and EBITDA margin between 19.0% and 19.5%, focusing on innovation, digitalization, and infrastructure projects to sustain growth.
Sika's strong 9-month results and 4.8% sales growth in local currencies provide context for readers. For those following the Basic Materials sector, here is Pluang's market snapshot as of Oct 23, 2026 10:11 WIB: out of 83 priced US stocks, 18 rose and 64 fell. Notable movers include CDE at USD 13.85 with a 1-day change of -8.46% and 100% buy order activity, FSM at USD 9.47 down 8.41%, and SVM at USD 8.59 down 8.23%.
Sika AG posted a 4.8% sales increase in local currencies for the first nine months of 2026, reaching CHF 8.71 billion despite currency headwinds. The company saw organic growth of 3.5% and improved material margins to 55.4%, with EBITDA rising 1.9% t...
Aduro Clean Technologies announced its participation in five major industry and investor conferences from October to December 2026. The company will showcase progress in its Hydrochemolytic™ technology for recycling plastics and upgrading crude oils,...
Aduro Clean Technologies announced it will participate in five conferences between October and December 2026, engaging with industry professionals and institutional investors. Key topics include updates on their Hydrochemolytic™ technology for recycl...
Remittix has raised $33 million in its presale, nearing its $36 million hard cap ahead of its November 24, 2026 launch. The project offers a PayFi ecosystem connecting crypto with bank payments, with active product use and testing underway. Meanwhile...
DFINITY founder Dom accused NEAR of using a key technology licensed exclusively for DFINITY's Internet Computer (ICP) without permission. The technology involves threshold ECDSA, a method for faster cross-chain asset custody and transaction signing. ...
