Sika is the global leader in specialty chemicals for construction (concrete admixtures, waterproofing, sealants, flooring) and industrial applications. The MBCC acquisition integration is delivering synergies above original plan, and pricing power remains strong in specialty additives. Emerging markets (Latin America, Southeast Asia) are structural infrastructure investment plays. US Inflation Reduction Act and EU Next Generation infrastructure spending drive multi-year demand tailwinds. Mid-to-high single digit organic growth with continued margin expansion.
Thesis reviewed May 29, 2026
Sika AG is headquartered in Switzerland, which is currently showing moderate signals.
π¨πSwitzerland43NEUTRALView Switzerland risk detail βπ§±Materials35WATCH| Ticker | Company | Score | Gap | Signal Ξ | Action |
|---|---|---|---|---|---|
| ECL | Ecolab Inc. | 38 | +2% | β7% | NEUTRAL |
| SHW | The Sherwin-Williams Company | 38 | +2% | β7% | NEUTRAL |
| DOW | Dow Inc. | 38 | +1% | β7% | NEUTRAL |
| NUE | Nucor Corporation | 38 | +11% | β7% | EARLY |
| PPG | PPG Industries, Inc. | 38 | +1% | β7% | NEUTRAL |
| DD | DuPont de Nemours, Inc. | 38 | +6% | β7% | EARLY |
| LIN | Linde plc | 38 | +10% | β7% | EARLY |
Investors who hold SGKLY may also have indirect exposure through these country funds.
Sika MBCC integration synergies exceed initial CHF160m run-rate target
Sika wins major contract for European battery gigafactory construction