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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Sika
Sika (SIKA) investor relations material
Sika Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary23 Oct, 2026
Executive summary
9M sales were CHF 8,711.8m, up 4.8% in local currencies and 1.6% reported; Q3 local-currency growth was 6.1%.
Local-currency growth was 6.2% excluding China Construction; market-share gains supported performance across regions.
FY 2026 guidance was reiterated: local-currency sales growth of 3%–6% and EBITDA margin of 19.0%–19.5%.
Financial highlights
9M local-currency growth comprised 3.5% organic growth and 1.3% acquisition effect; FX impact was -3.2%.
EBITDA increased 1.9% to CHF 1,676.2m; EBIT rose 2.3% to CHF 1,265.8m.
Net profit increased 1.9% to CHF 887.8m; diluted EPS rose to CHF 5.52 from CHF 5.42.
Gross result rose 2.3% to CHF 4,822.0m.
Outlook and guidance
FY 2026 guidance: local-currency sales growth of 3%–6% and EBITDA margin of 19.0%–19.5%; consensus EBITDA was CHF 2,160m as of 28 July 2026.
2028 medium-term strategic targets were confirmed.
Q4 outlook remained cautious amid weather, Middle East instability, oil-price volatility and North American midterms; guidance was described as conservative and unchanged.
Full-year absolute price-cost spread was expected to be at least slightly positive; Q4 material margin was expected to be lower YoY, with transportation costs a continuing headwind.
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Latest events from Sika
- Akkim, innovation and Fast Forward underpin growth and a 20–23% 2028 EBITDA margin target.SIKA
Investor Day 2026 - Record local-currency growth and cash flow; 2024 growth guided at 6–9%.SIKAQ4 2023
- Raised full-year growth guidance to 3–6% after strong H1 sales, margin gains, and efficiency improvements.SIKAQ2 2026
- Resilient results and strategic focus prevailed despite market headwinds; all proposals approved.SIKAAGM 2026
- Q1 2026 sales were CHF 2.49 billion, up 0.9% in local currencies but down 7.0% in CHF.SIKAQ1 2026
- Outperformed peers in growth and margins, driven by innovation, M&A, and digital investments.SIKAInvestor presentation
- Sales rose 0.6% in local currencies, margin expanded, and 2026 guidance targets higher EBITDA.SIKAQ4 2025
- Refurbishment, sustainability, and innovation drive growth and margin targets for industry leadership.SIKACMD 2024
- Record sales, profit, and dividend growth; all board proposals passed with strong support.SIKAAGM 2025
Next Sika earnings date
Q4 202619 Feb, 2027
Sika
Next Sika earnings date
Q4 202619 Feb, 2027
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Frequently asked questions
Sika AG manufactures and supplies specialty chemicals for construction and industrial applications. Its products include admixtures, sealants, waterproofing systems, adhesives, and structural reinforcement materials. The company serves sectors such as building, automotive, and infrastructure. The company is headquartered in Baar, Switzerland, and its shares are listed on the SIX.