Sika Q1 Sales Beat Expectations, Shares Jump 8%

Sika AG Q1 2026 sales fell 7% to CHF 2.49bn but beat consensus, driven by stronger-than-expected Asia Pacific performance.
Organic revenue declined only 0.2% versus forecast 1.7‑1.8% drop, with Asia excluding China posting 5.2% organic growth.
CEO Thomas Hasler said global market conditions will remain muted in 2026, reaffirming sales growth guidance of 1%‑4% and EBITDA margin 19.5%‑20%.
Shares surged over 8% on Tuesday following the earnings release, while the Fast Forward programme targets CHF 80 million cost savings in 2026.