Tag: Quartalszahlen

  • Strong franc weighs on quarterly results despite gains in market share

    Strong franc weighs on quarterly results despite gains in market share

    The construction chemicals group Sika has announced its financial results for the first quarter of 2026 in a press release. The group recorded sales of CHF 2.49 billion in the first quarter, representing sales growth of 0.9 per cent in local currencies and a decline of 7 per cent in Swiss francs. The decline in Swiss francs is attributable to the strength of the Swiss franc against Asian currencies and the US dollar, according to the company.

    The main drivers of growth in local currencies were market share gains across all regions, despite a subdued global construction market. In the EMEA region (Europe, Middle East, Africa), Sika recorded a 3.6 per cent increase in revenue in local currencies in the first quarter (previous year: 0.7 per cent) In the Americas region, Sika recorded a slight decline in sales of 0.8 per cent in local currencies. Whilst economic uncertainties weighed on construction activity in the US, demand in the data centre sector grew at double-digit rates, Sika reports. Canada performed well and Latin America also continued the recovery in construction markets. In the Asia/Pacific region, sales in local currencies fell by 2.2 per cent. The continued weakness of the Chinese construction sector, with double-digit declines, had a particularly negative impact. Positive contributions came primarily from India, South-East Asia and the Automotive & Industry segment.

    The completed acquisition of mortar manufacturer Finja (Sweden) and the announcement of the acquisition of adhesives manufacturer Akkim (Turkey) contributed to the increase in market share in the first quarter. Sika is also strengthening its production capacities with new plants in the USA, Tanzania, Argentina, Colombia and Bangladesh.

    Sika confirmed its strategic direction and expects revenue growth of 1 to 4 per cent in local currencies for the full year 2026, as well as an EBITDA margin of 19.5 to 20 per cent.

  • Swiss conveyor technology manufacturer increases earnings

    Swiss conveyor technology manufacturer increases earnings

    The Schindler Group generated total global sales of 2.73 billion Swiss francs in the first quarter of 2025, the Ebikon-based group of companies specializing in elevators, escalators and passenger conveyor belts announced in a press release. Year-on-year, this corresponds to growth of 2.5 percent in local currencies. In the same period, order intake increased by 6.0 percent in local currencies to 2.95 billion Swiss francs.

    At CHF 329 million, operating profit at EBIT level was 13.4% higher in local currencies than in the first quarter of 2024. The EBIT margin increased by 1.1 percentage points to 12.0%. Net profit amounted to CHF 257 million, compared to CHF 232 million in the same period of the previous year.

    “In the first quarter, we recorded more orders, increased margins and higher cash flow,” said Schindler CEO Paolo Compagna in the press release. “Our focus remains on our strategic priorities while keeping an eye on the volatile macroeconomic environment, in particular the weakening market indicators for the Americas region.” For the year as a whole, Schindler expects revenue growth in the low single-digit range. The EBIT margin should be maintained at around 12 percent. In the medium term, the Group aims to achieve an EBIT margin of 13 percent.

  • Sustainable products drive earnings stability in the building materials industry

    Sustainable products drive earnings stability in the building materials industry

    Holcim AG generated global sales totaling 5.54 billion Swiss francs in the first quarter of 2025, the Zug-based building materials group announced in a press release. In the same period of the previous year, sales were at the same level at 5.59 billion Swiss francs. At CHF 515 million, recurring operating profit at EBIT level was 3.1 percent weaker than in the first quarter of 2024. In local currencies, however, EBIT growth of 1.7 percent was achieved.

    “We achieved a disproportionately high increase in recurring EBIT in the first quarter and maintained the margin level,” said Holcim CEO Miljan Gutovic in the press release. “The growing demand from our customers for our sustainable building solutions contributed to ECOPact and ECOPlanet’s share of sales in their respective product lines reaching new highs.” Specifically, the sales share of low-carbon ECOPact concrete increased from 26% to 32% year-on-year. At the same time, the low-carbon ECOPlanet cement improved its share of sales from 26% to 29%.

    Against the backdrop of the stable quarterly result, Holcim is sticking to its targets for the 2025 financial year. It aims to achieve sales growth in the mid-single-digit range in local currency and a disproportionately high increase in recurring EBIT. The spin-off of Holcim’s North American business (Amrize) is proceeding according to plan. On March 25, Amrize held its first investor day in New York, explains Holcim. The spin-off is to be listed on the NYSE and the SIX Swiss Exchange in June.