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Investegate |Sika AG Announcements | Sika AG: RECORD RESULTS IN FIRST HALF OF 2021 – STRONG GROWTH IN SALES AND EBIT


RECORD RESULTS IN FIRST HALF OF 2021 – STRONG GROWTH IN SALES AND EBIT
Ad Hoc Announcement Pursuant to Article 53 of the SIX Exchange Regulation Listing Rules
RECORD RESULTS IN FIRST HALF OF 2021 – STRONG GROWTH IN SALES AND EBIT
Sales increase of 23.5% in local currencies
First-half sales at CHF 4,448.7 million (+23.1% in CHF)
Operating profit (EBIT) at CHF 685.9 million (+67.2%)
Record EBIT margin at 15.4%
Operating free cash flow increase at CHF 318.4 million (+26.4%)
Acquisition of Kreps (Russia), DriTac (USA), BR Massa (Brazil), and Hamatite (Japan)
Outlook for 2021 fiscal year
Growth in local currencies of 13%–17% (previously: double-digit sales growth in local currencies)
Over-proportional increase in EBIT, EBIT margin to reach 15% for the first time ....

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We are Installing Meters at No Cost, EEDC Insists


The Enugu Electricity Distribution PLC (EEDC) has reiterated that the meters currently being installed across its network under the National Mass Metering Program (NMMP) are free of charge to its customers.
This was made known by the Head Corporate Communications, EEDC, Emeka Ezeh in a reaction to news published by an online news platform.
Ezeh, in a statement, dissociated EEDC from such act, stating that the information was baseless.
“As a matter of fact, EEDC has put measures in place to ensure that there is no room for extortion, and that even when it happens, that there are channels through which customers could report such cases,” he said. ....

Emeka Ezeh , Enugu Electricity Distribution , Head Corporate Communications , National Mass Metering Program , Whistle Blower , ஏணுகு மின்சாரம் விநியோகம் , தலை பெருநிறுவன தகவல்தொடர்புகள் , தேசிய நிறை மீட்டரிங் ப்ரோக்ர்யாம் , விசில் ஊதுகுழல் ,