Berenberg: Sika FY26 Guidance Lift Signals Broad-based Sector Recovery; Buy Rating Kept

07:00 AM EDT, 08/14/2026 (MT Newswires) -- Berenberg reiterated its investment opinion on Sika (SIKA.SW) following its first-half earnings, saying the specialty chemicals company's upgraded full-year 2026 outlook reflects a broader cross-sector rebound. "Sika's H1 2026 numbers release on 28 July was strong. Organic growth went from negative in Q1 to 5.7% in Q2. Management also raised full-year guidance to 3-6% sales growth, up from 1-4% at the start of the year. That is a big jump, and the natural question now is: is this just good execution by Sika, or is the whole market turning? Looking across the peer group, it looks like both. We therefore confirm our Buy rating and CHF233 price target," the research firm said Friday. Sika in late July reported a 4% sales growth in local currencies for the first half, while organic growth was up 2.9%. For 2026, the research firm projects revenue of 11.15 billion francs, net profit of 1.16 billion francs and reported EPS of 7.24 francs for Sika.