Sika AG
SIKA: XSWX (CHE)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|!> | LOCK|k@!<K | LOCK|yyD#$!>F |
Sika Earnings: Sales Confirm Gradual Improvement; Shares Remain Slightly Undervalued
Sika reported 0.9% sales growth in local currency, or a 7.0% decline after adverse foreign-currency movements during the first quarter. A double-digit decline in Sika’s China construction business hit organic revenue by 1.2%. Shares are trading 8% higher intraday.
