Sika


Q1 19: Automotive and North America begin to bear some inner risks

09/04/19 -"Following the Q1 19 sales release, we have reduced our growth forecasts for the Americas for 2019 onwards as we believe that North America has reached a high point in the cycle, and, with the ..."

Pages
63
Language
English
Published on
09/04/19
You may also be interested by these reports :
16/04/19
With the concept of “small” caps being below €5bn, Imerys’ (Buy, France) fall from grace with a market cap now below €4bn makes it an even less ...

10/04/19
We welcome the possible sale of a 60% stake in Saint-Gobain PAM. However, we believe that the transformation doesn’t go as far as it should. The ...

09/04/19
Following the Q1 19 sales release, we have reduced our growth forecasts for the Americas for 2019 onwards as we believe that North America has ...

09/04/19
Organic growth in the Global Business (some 50% of which is linked to automotive) is disappointing and North America seems to have reached a high ...

EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

CONFLICTS OF INTEREST

AlphaValue does not have nor seek any business with companies covered in AlphaValue Research paid by subscription. As a result, investors can be confident that there is no conflict of interest that could affect the objectivity of AlphaValue Research.

Corporate broking NO
Trading in corporate shares NO
Analyst ownership NO
Advising of corporate (strategy, marketing, debt, etc) NO
Research paid for by corporate NO
Provision of corporate access paid for by corporate NO
Link between and a banking entity NO
Brokerage activity at AlphaValue NO