Despite achieving a record fiscal year adjusted EBITDA margin of 16.5%, the results were mixed for both the fourth quarter and all of 2023, but a positive outlook remains.
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Despite a drop in net revenue for the quarter, the company remains optimistic that its business model will continue to remain profitable in uncertain market conditions.
Despite a persistently challenging economic environment, Henkel posted a significant increase in earnings for the first half of 2023 and raised its full-year sales and earnings guidance.
Sika reported a record first-half-year sales of CHF 5,345.5 million, bolstered by the acquisition of MBCC and increasing demand in infrastructure projects and sustainable automotive technologies.
The fourth-quarter earnings mark the sixth consecutive quarter of record sales and adjusted EBIT for the leader in specialty coatings, sealants, and building materials.