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  • Media Release
  • Financial

Sika Grows in Emerging Markets

In the first quarter of business year 2009 Sika continued to grow in a number of emerging markets. The comparatively hard winter and the effects of the economic crisis led however to an overall decline in sales. The sales decline in the first quarter amounted to -6.7% in local currencies. Included therein is an acquisition effect of 2.7%. Exchange rate fluctuations influenced negatively with -6.0%, so that sales in Swiss francs in comparison with the first quarter of the previous year declined by -12.7% from CHF 1017 million to CHF 888 million.
  • Media Release
  • Innovation

Structural Adjustments to Increase Efficiency

Sika Group structurally adapts its manufacturing footprint for sealants and adhesives as well as for membranes due to new production technologies and continued changes in market conditions. This reorganization ensures that Sika Group remains competitive in the long term. Approximately 50 jobs will be cut in Switzerland.
  • Media Release

Relaunch of Sika Corporate Website

Where unity meets versatility: Sika launches a new corporate website. The new website, which can be found at www.sika.com, provides all stakeholders a complete and modern look at the Company's profile and its solutions.
  • Half-year Report
  • Media Release
  • Financial

Increase of Profit and Market Share

Sika grew in all Regions in the first half-year of 2010 in terms adjusted for exchange rates. In emerging markets, double-digit growth rates were achieved throughout. With material costs initially still low and those for personnel reduced, operating profit increased considerably. For the second half-year the company anticipates sustained growth with rising material costs.
  • Media Release
  • Financial

Global Price Increase

Sika announced today a global price increase for various products from its entire product portfolio. The price increases will become effective immediately or as contracts allow.
  • Media Release
  • General Meeting

Shareholders Approve All Proposals

Baar (Switzerland) – At the Annual General Meeting on Tuesday, April 20, 2010, the shareholders of Sika AG approved all proposals put forward by the Board of Directors and resolved to distribute a dividend to shareholders representing roughly 50% of consolidated net profit.
  • Media Release
  • General Meeting

Annual General Meeting Approves Board's Proposals

The shareholders of Sika AG approved all proposals put forward by the Board of Directors at the Annual General Meeting of April 12, 2011.
  • Media Release
  • Acquisition

Sika Acquires Duochem Inc. in Canada

Sika acquires Duochem Inc., a privately owned company that develops, manufactures and sells polymer flooring and waterproofing products for the construction industry. Duochem Inc. is located in Boucherville (Quebec) with annual sales of approximately CHF 9 million.
  • Annual Report
  • Media Release
  • Financial

Robust Growth - Net Sales at CHF 1,556 Million, Net Profit at CHF 215 Million

In the 2011 business year, Sika increased sales by 15.5% in local currencies. Owing to the huge rise in prices of raw materials, gross profit declined to CHF 2 304.6 million (previous year: CHF 2 384.9 million), which corresponds to a gross margin of 50.6%. Operating profit fell to CHF 347.1 million (previous year: CHF 439.2 million). Sika is confident that in the 2012 business year it will generate continued growth and improve margins.
  • Media Release
  • Sustainability

Ash Improvement Technology and Sika Sign Strategic Alliance

Ash Improvement Technology Inc (AIT) and Sika AG of Switzerland announced that they entered a Strategic Alliance to develop products that help reduce the CO2 emissions related to the production of cement. As part of the agreement, Sika has also made an investment to take an equity stake in AIT.
  • Media Release
  • Acquisition

Sika Strengthens Position in Korean Tunnel Waterproofing Market

Sika Korea has agreed to acquire YEAN-IL INDUSTRIAL Co. Ltd. waterproofing business. YEAN-IL holds a leading position in the Korean tunnel waterproofing market with annual sales of approximately CHF 10 million.
  • Annual Report
  • Media Release
  • Financial

Continued Revenue Growth, Above-Average Increase in Net Profit, and Further Investments in Growth Markets

▪ 5.8% sales growth (5.3% in local currencies) to CHF 4 829 million
▪ Sales up 10.7% in emerging markets
▪ 31% increase in net profit to CHF 281 million
▪ High operating free cash flow of CHF 303 million (2011: CHF 186 million)
▪ Further investments in growth markets with new factories in Asia, Latin America and Eastern Europe
  • Media Release
  • Financial

Cold Winter Holds Back First Quarter Sales

Despite a long winter, Sika managed to maintain sales in local currencies at the previous year’s level (-0.2%) in the first quarter of 2013. As exchange rate shifts had a negative impact of -0.9%, sales in Swiss francs reached CHF 1 043 million.
  • Media Release
  • Acquisition

Sika Acquires Leading UK Manufacturer of Sealants and Adhesives

Sika has acquired Everbuild Building Products Ltd, UK’s largest independent manufacturer of sealants, adhesives and construction chemicals. Everbuild is located in Leeds with annual sales revenue of over CHF 90 million and a workforce of 270 employees.
  • Media Release
  • General Meeting

Annual General Meeting Approves Board of Directors' Proposals

All the Board of Directors' proposals were accepted by shareholders at the Annual General Meeting of Sika AG on April 16, 2013.
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