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Sika AG (SIK.S)

SIK.S on Virt-X Level 1

7,890.00CHF
23 May 2018
Change (% chg)

CHF-170.00 (-2.11%)
Prev Close
CHF8,060.00
Open
CHF8,035.00
Day's High
CHF8,040.00
Day's Low
CHF7,855.00
Volume
20,418
Avg. Vol
7,667
52-wk High
CHF8,405.00
52-wk Low
CHF6,050.00

Latest Key Developments (Source: Significant Developments)

Saint-Gobain And Sika AG Reach Agreement, French Company Plans To Take Large Stake In Swiss Adhesives Maker But Not Majority Control -- Sources
Friday, 11 May 2018 

May 11 (Reuters) - Saint-Gobain ::AND SIKA AG <<>> REACH AGREEMENT, FRENCH COMPANY PLANS TO TAKE LARGE STAKE IN SWISS ADHESIVES MAKER BUT NOT MAJORITY CONTROL -- SOURCES.  Full Article

Sika AG sees Sales Target Of CHF 7 Bln In 2018
Tuesday, 17 Apr 2018 

April 16 (Reuters) - Sika AG ::SIKA AG: DYNAMIC START TO THE YEAR WITH 11.0% SALES GROWTH IN 1ST QUARTER OF 2018.QTRLY SALES GROWTH OF 11.0% IN LOCAL CURRENCIES TO CHF 1,554.0 MLN (+11.9% IN CHF).SALES TARGET OF CHF 7 BLN IN 2018.FOR YEAR AS A WHOLE, EBIT AND NET PROFIT SHOULD ONCE AGAIN INCREASE AT A "DISPROPORTIONATELY HIGH RATE".  Full Article

Sika AG says sales increase of more than 10 pct expected in 2018​
Tuesday, 9 Jan 2018 

Jan 8 (Reuters) - Sika AG ::‍A RECORD NET PROFIT FIGURE IS EXPECTED FOR 2017 FINANCIAL YEAR.​.‍SALES GROWTH OF 8.9% IN LOCAL CURRENCIES TO CHF 6.25 BILLION IN 2017​.‍ACCELERATED FOURTH-QUARTER GROWTH OF 12.0 PERCENT​.- ‍FOR BUSINESS YEAR 2017, OPERATING PROFIT (EBIT) EXPECTED TO INCREASE AT HIGH RATE, REACHING BETWEEN CHF 880 MILLION AND 900 MILLION​.‍VOLATILE AND RISING COMMODITY PRICES WILL CONTINUE TO PRESENT A CHALLENGE IN CURRENT YEAR​.IN ‍OUTLOOK 2018, SALES INCREASE OF MORE THAN 10% EXPECTED​.  Full Article

Sika Acquires US Emseal Joint Systems, Ltd
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - SIKA AG ::SIKA ACQUIRES US MARKET LEADER FOR STRUCTURAL EXPANSION JOINTS.ACQUIRED EMSEAL JOINT SYSTEMS, LTD.EMSEAL GENERATES ANNUAL SALES OF CHF 40 MILLION.  Full Article

Sika AG says ‍board has decided to set up a new region in Americas
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - Sika AG ::SAYS ‍BOARD OF DIRECTORS OF SIKA HAS DECIDED TO SET UP A NEW, STRONG REGION AMERICAS​.SAYS ‍CHANGE WILL TAKE EFFECT AS OF MARCH 1, 2018​.‍NEW REGION WILL BE HEADED BY CHRISTOPH GANZ, CURRENTLY REGIONAL MANAGER NORTH AMERICA​.  Full Article

Sika founding family does not exclude extending Saint-Gobain agreement
Friday, 1 Dec 2017 

Dec 1 (Reuters) - :RULING ON APPEAL OF BURKARD FAMILY'S VOTING RIGHT IN SIKA <<>>, SAINT-GOBAIN <<>> TAKEOVER BATTLE LIKELY TO BE REACHED IN Q1 2018 - SOURCES‍​.SIKA'S CONTROLLING SHAREHOLDER SAYS DOES NOT EXCLUDE POSSIBILITY OF EXTENDING TAKEOVER AGREEMENT WITH SAINT-GOBAIN BEYOND 2018.  Full Article

Sika acquires Butterfield Color, Inc.
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - SIKA AG ::SIKA ACQUIRES BUTTERFIELD COLOR IN THE US, FURTHER STRENGTHENING ITS PORTFOLIO FOR CONCRETE CONTRACTORS.  Full Article

Sika reports 9 month net profit of CHF 477.4 mln
Thursday, 26 Oct 2017 

Oct 25 (Reuters) - Sika Ag :9 month sales growth of 7.9% in local currency (6.8% in CHF) to CHF 4,627.5 million ​.9 month operating result (EBIT) up 13.2%, net profit 14.9% higher ​.9 month operating profit (EBIT) improved by 13.2% to CHF 669.0 million (previous year: CHF 591.2 million) ​.9 month net profit rose strongly by 14.9% to CHF 477.4 million (previous year: CHF 415.5 million) ​.‍Confirmation of 2017 annual targets - annual sales expected to exceed CHF 6 billion for first time​."‍Volatile and rising raw material prices present a challenge in current year"​.Operating profit expected to once again increase at a disproportionately high rate, reaching between CHF 880 million and 900 million for full-year 2017​.  Full Article

Sika CEO: no breakthrough with founding family in Saint-Gobain row
Wednesday, 20 Sep 2017 

Sept 20 (Reuters) - Sika AG :Sika ceo says we want to increase the speed of acquisitions.Sika ceo says it is very clear for management and for sika the saint-gobain deal is a no go.Sika ceo says company has made no breakthrough with founding family in fight with saint-gobain.Sika ceo says company buyout of family's shares would be one good way to resolve fight with saint-gobain.Sika ceo says we are ahead of saint-gobain, says sika's results are better.  Full Article

Sika acquires acquires ABC Sealants
Thursday, 24 Aug 2017 

Aug 24 (Reuters) - SIKA AG ::SIKA ACQUIRES LEADING TURKISH MANUFACTURER OF SEALANTS AND ADHESIVES.  Full Article

Swiss stocks - Factors to watch on May 17

ZURICH, May 17 The Swiss blue-chip SMI was seen opening 0.2 percent higher at 8,988 points on Thursday, according to premarket indications by bank Julius Baer .