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23
February
2018

Sika Achieves Record Results in 2017

23/02/2018
  • Annual Report
  • Media Release
  • Financial
▪ 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%.