Media Releases

Sika increased sales by 17.2% in local currencies in the first nine months of the year. The company witnessed double-digit growth in all regions apart from Europe South. The result for the third quarter was also pressured by continually rising raw material prices and currency effects.

Sika has agreed to acquire Colauto Adesivos e Massas Ltda, a manufacturer of adhesives and sealants as well as acoustic damping and structural reinforcement elements for Latin America’s fast-growing automotive and transportation industry. Colauto generated sales of CHF 40 million in 2010 with a workforce of approximately 250.

Sika increased sales by 15.5% in local currencies in the 2011 business year, achieving net sales of CHF 4.55 billion. Sika posted double-digit growth in local currencies in all regions except Europe South.

Sika AG acquires the global concrete admixture and cement grinding aid business of the Italcementi Group, which are on the market under the brand Axim. Axim generated sales of around CHF 75 million (EUR 61 million) in 2010.

Sika acquires Comercial de Preresa, SA (Copsa), a company with a strong position in the flooring, repair and reinforcement markets in Spain and Portugal. Copsa is located in Cobeña (Madrid) with annual sales of approximately CHF 17 million and 60 employees.

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.

Sika has appointed Heinz Gisel as its new Regional Manager Asia/Pacific with effect from January 1, 2012. Gisel will join Sika’s Group Management as of the same date. The 46-year-old Swiss has worked for Sika for twenty years. Since 2009 he has been General Manager responsible for China.

▪ Sales growth of 8.9% in local currencies to CHF 6.25 billion in 2017
▪ Accelerated fourth‐quarter growth of 12.0%
▪ Growth in all regions
▪ Opening of 9 factories, founding of 3 national subsidiaries, acquisition of 7 companies
▪ Disproportionately high growth in profit expected for the year as a whole
▪ Outlook 2018: Sales increase of more than 10% expected

▪ Record results for sales, operating profit (EBIT) and net profit
▪ Sales reaching CHF 6,248.3 million (+9.0% in local currencies)
▪ EBIT increased to CHF 896.3 million (+12.7%)
▪ Net profit grew to CHF 649.0 million (+14.5%)
▪ Growth in all regions
▪ 9 new factories opened, 3 national subsidiaries established, 7 acquisitions
▪ Strategic targets for 2020 confirmed

The Sika success story continued in 2017 with another record year. In local currencies, sales increased by 9.0% to CHF 6,248.3 million. Strong growth momentum and disciplined cost management led to new record figures of CHF 896.3 million (+CHF 101.0 million, +12.7%) for operating profit and CHF 649.0 million (+14.5%) for net profit. In the reporting year, 19 key investments were realized with a view to driving future growth. The strategic targets for 2020 were confirmed, and the growth target for 2018 raised to more than 10%.

▪ Sales growth of 11.0% in local currencies to CHF 1,554.0 million (+11.9% in CHF)
▪ Growth in all regions
▪ Organization geared to growth and enhanced efficiency with the new Americas and Global Business regions
▪ Opening of a new factory, establishment of another national subsidiary and acquisition of one company
▪ Sales target of CHF 7 billion in 2018

Sika Peru has opened new headquarters in the metropolitan area of Lima and introduced a modern plant for the production of concrete admixtures, mortar products, and acrylic liquid applied membranes (LAM). With this new plant, Sika is tripling its production capacities and strengthening its market position in Peru.

Sika has agreed to acquire Arcon Membrane Srl, a leading manufacturer of roofing and waterproofing systems in Romania. By acquiring Arcon, Sika will significantly strengthen its position in the Romanian market and extend its product portfolio to meet the increasing demand for complete solutions in the roofing and waterproofing markets. The acquired business generates annual sales of CHF 23 million. The transaction is subject to approval by the Romanian anti-trust authority.

Sika is expanding its presence in Kazakhstan and strengthening its position in two of the country's growth regions. To reinforce existing production operations in Almaty in the southeast of the country, Sika is simultaneously commissioning two further concrete admixture production plants, one in the capital Astana and the other in Atyrau in the west.

Sika has opened a new production plant in Central America, located in Palin in the metropolitan area of Guatemala City. This move further expands the company's market position in the emerging countries of the region. The portfolio of locally manufactured products includes concrete admixtures, mortars, and liquid applied membranes, which will be used to supply the neighboring countries of Honduras and El Salvador as well as the domestic market.

Sika has acquired the global Concrete Fibers business from Propex Holding, LLC, which includes a US plant manufacturing synthetic fibers for use in concrete reinforcement, sales operations in Sika’s three geographical regions, and a strong brand. The acquired business is a perfect addition to Sika’s concrete systems for high value-added solutions required in the construction of high-rise buildings and demanding infrastructure projects. The acquired business generates annual sales of CHF 30 million.