Media Releases

Ad hoc announcement pursuant to Article 53 of the Listing Rules of the SIX Exchange Regulation

▪ Sales of CHF 5,676.4 million (previous year: CHF 5,834.8 million) in first half of the year
▪ 1.6% sales increase in local currencies, with 0.6% attributable to organic growth and 1.0% to acquisition effect
▪ Weaker US dollar predominantly responsible for high foreign currency impact of -4.3%
▪ Material margin at a consistently high level of 55.1% (previous year: 55.1%)
▪ EBITDA margin increased to 18.9% (previous year: 18.7%), supported by strong synergy momentum; raised MBCC synergy targets for 2025 and 2026 by CHF 20 million

Targeted investments in future growth:
▪ Strategic acquisition of Elmich (Singapore), Cromar (UK), HPS (USA), and
Gulf Additive (Qatar)
▪ Global production capacity expanded with new factories in Singapore, Xi’an and Suzhou (China), Quito (Ecuador), Ust-Kamenogorsk (Kazakhstan), Belo Horizonte (Brazil), and Agadir (Morocco)

Outlook for the 2025 business year:
▪ Amid uncertain market development, Sika will continue to grow above the market and is focusing on margin improvement
▪ Modest sales increase in local currencies expected for the full year
▪ Successful integration of MBCC – increased synergy targets for 2025 and 2026
▪ Over-proportional EBITDA increase and EBITDA margin of between 19.5% and 19.8%

▪ Strategic medium-term targets for sustainable, profitable growth confirmed for 2028

Sika has acquired Gulf Additive Factory LLC in the State of Qatar. The company manufactures a wide range of construction chemical products and has a strong standing in the fast-growing Qatar construction market. The acquisition strengthens Sika’s foothold in the country and provides exciting opportunities for further expansion.

Sika continues to deliver on its Local-for-Local strategy with the launch of three new manufacturing investments in China, Brazil, and Morocco—reinforcing its commitment to serving customers with local production, global expertise, and sustainable innovation.

Today in Dallas, United States, Sika outlines strategic initiatives and high-performance solutions that will drive the future of data center construction. With over 1,000 data centers built using Sika solutions and a strong pipeline of new projects, Sika has become the trusted partner of technology leaders shaping digital infrastructure worldwide.

Sika has made a strategic investment in Giatec™ Scientific Inc., a global leader in digital concrete technology platforms specializing in smart testing and AI-driven solutions, headquartered in Canada. Giatec develops advanced sensors, software, and data analytics tools to optimize concrete quality, durability, and sustainability, from production and delivery to placement. This investment represents a significant milestone in Sika’s overall digital strategy, helping the construction industry to improve efficiency and reduce carbon footprint.

Sika and Sulzer have signed a memorandum of understanding to establish a joint venture to advance plastics recycling in the construction industry. The aim is to combine the strengths of both companies: Sika's extensive expertise in polymer applications and high-performance building materials and Sulzer's leading process knowledge in chemical recycling. The joint venture, based in the Zurich area, will be founded as an independent company, with each partner holding a 50 percent stake. Operational activities will commence in the second half of 2025 with pilot projects in Germany, Austria and Switzerland.

Ad hoc announcement pursuant to Art. 53 LR

▪ Growth in local currencies of +1.9% (growth in CHF: +1.1%)
▪ Q1 sales of CHF 2,678.3 million (previous year: CHF 2,648.0 million)
▪ Organic growth of 0.9%
▪ Acquisition effect of 1.0%

Targeted investment in future growth:
▪ Acquisition of Elmich (Singapore), Cromar (UK), and HPS (USA)
▪ Opening of new factories in Singapore, Xi’an (China), Quito (Ecuador), and Ust-Kamenogorsk (Kazakhstan)

Outlook for fiscal 2025:
▪ Sika confirms the outlook, but points to increased market uncertainties arising from potentially prolonged trade conflicts
▪ Expected sales increase in local currencies of 3-6%
▪ Over-proportional increase in EBITDA and EBITDA margin of between 19.5%-19.8%

▪ Confirmation of 2028 strategic mid-term targets for sustainable, profitable growth

Sika has opened a new production facility in Ust-Kamenogorsk with production lines for mortar and concrete admixtures, as well as a modern laboratory. The plant is Sika’s fourth factory in Kazakhstan and is located in a key industrial region in the eastern part of the country. As a leader in construction chemicals, Sika is also involved in large-scale projects in Kazakhstan, a fast-growing market.

With the opening of the new plant in Quito, Sika further strengthens its presence and proximity to customers in Ecuador. This strategic investment enhances Sika’s ability to tap into Ecuador’s full market potential for its mortar solutions, which will be primarily used for interior walls and tile adhesives.

Ad hoc announcement pursuant to Art. 53 LR

All the Board of Directors's proposals were approved by the shareholders at the 57th Annual General Meeting of Sika AG on March 25, 2025.

▪ High-gloss, color-stable, and durable flooring coatings
▪ Low-emission products with excellent application properties and up to 90 percent less volatile organic compounds (VOCs) compared to conventional hardeners*
▪ Curing at low temperatures for outdoor flexibility

Sika has fully acquired HPS North America, Inc., a successful supplier of building finishing materials. HPS distributes Schönox branded products, manufactured by Sika Germany, in the US market. Fully integrating this business into Sika USA will create a strong platform for further expansion in the building finishing segment and lead to significant efficiency gains.

Sika today successfully placed a bond with a total amount of CHF 500 million through a triple tranche. The payment date of the bonds is March 24, 2025. The bonds were placed under the lead management of BNP Paribas, UBS and Zürcher Kantonalbank. They will be listed on the SIX Swiss Exchange.

Sika has acquired Cromar Building Products, a well-established supplier of roofing systems in the UK, mainly serving its customers through the distribution channel. The acquisition opens up significant cross-selling potential and will support Sika’s further expansion in the UK roofing sector.

Ad hoc announcement pursuant to Art. 53 LR

▪ March 25, 2025, confirmed as date for the 57th Annual General Meeting
▪ With the exception of Monika Ribar, all members of the Board of Directors are standing for re-election
▪ The Board of Directors proposes to elect Kwok Wang Ng as a new member of the Board of Directors
▪ Gross dividend of CHF 3.60 per share proposed (previous year: CHF 3.30)
▪ The Board of Directors proposes to streamline the compensation cap for the variable compensation of the Group Management and amend the Articles of Association

Ad hoc announcement pursuant to Art. 53 LR

▪ Sika posts net sales of CHF 11,763.1 million (+4.7% in CHF) in 2024
▪ Sales growth of 7.4% in local currencies
▪ Increase in material margin to 54.5% (2023: 53.6%)
▪ 11.0% growth in operating profit before depreciation and amortization (EBITDA) to CHF 2,269.5 million (previous year: CHF 2,044.7 million)
▪ Strong increase in EBITDA margin to 19.3% (2023: 18.2%)
▪ 17.4% jump in net profit to CHF 1,247.6 million (previous year: CHF 1,062.6
million)
▪ 16.7% increase in diluted earnings per share to CHF 7.76 (previous year: CHF 6.65)
▪ Proposed dividend per share of CHF 3.60 (previous year: CHF 3.30)

Outlook for fiscal 2025:
▪ Expected sales increase in local currencies of 3-6%, and
▪ over-proportional increase in EBITDA and rise in EBITDA margin to 19.5%-19.8%

▪ Confirmation of 2028 strategic mid-term targets for sustainable, profitable growth

Sika has acquired Elmich Pte Ltd, a leading supplier of urban greening systems headquartered in Singapore. Elmich’s first-class products are highly regarded by specifiers and its solutions have been used in many iconic buildings in Singapore and Australia. The acquisition complements Sika’s roofing portfolio in the region and strengthens its specification business for commercial and residential projects.

Sika has opened two state-of-the-art plants in Singapore and in Xi'an, Northwest China. The newly built plant in Singapore specializes in the production of mortars, while the Xi'an facility manufactures a full range of Sika products, including tile adhesives, cementitious waterproofing, and flooring solutions. With both plants, Sika will be able to respond better to local market demands, while significantly reducing logistical distances.

Ad hoc announcement pursuant to Art. 53 LR

▪ Sika posts record sales of CHF 11.76 billion (+4.7% in CHF) in 2024
▪ Sales growth of 7.4% in local currencies (foreign currency impact of -2.7%)
▪ Strong acquisition momentum: MBCC integration with higher synergies and local acquisition of Kwik Bond in the USA, Vinaldom in the Dominican Republic, and Chema in Peru
▪ Organic growth of 1.1% for the full year and 1.7% for the second half of the year
▪ Investment in further growth: commissioning of new plants in Peru, China and Indonesia

Outlook for fiscal 2024:
▪ Over-proportional increase in EBITDA expected
▪ Confirmation of 2028 strategic targets for sustainable, profitable growth

Sika has closed the acquisition of Chema, a leading producer of tile setting materials in Peru with operations throughout the whole country. The acquisition strengthens Sika’s position in the fast-growing mortar segment and offers significant cross-selling opportunities through increased distribution channel presence and a complementary manufacturing footprint.