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  • Nine Months Report
  • October
  • Financial
  • Ad hoc
  • Media Release
  • 2025

Resilient performance in first nine months - Strategic actions to drive growth and profitabiliy

Ad hoc announcement pursuant to Art. 53 LR

▪ Sales increase of 1.1% in local currencies in the first nine months despite a double-digit decline in China’s construction business; foreign currency impact of -4.9% primarily due to weaker US dollar
▪ Material margin increases to 55.0% (previous year: 54.7%) and EBITDA margin rises to 19.2% (previous year: 19.1%)
▪ Key investments reinforce the Group’s market position: five acquisitions and seven new factories
▪ MBCC integration completed, realization of increased synergies on track
▪ Sika is making structural adjustments in ongoing weak markets, such as China, with anticipated one-off costs of CHF 80 to 100 million, incurring in 2025. The measures include a workforce reduction of up to 1,500 employees
▪ These adjustments are part of an investment and efficiency program, “Fast Forward”, which builds on Sika’s leadership position, enhances customer value, improves operational excellence through digital acceleration and thus drives growth and profitability
▪ The program also includes investments of CHF 120 to 150 million and will drive overall annual savings of CHF 150 to 200 million
▪ Outlook for 2025: Sika confirms expectations of modest increase in local currency sales; EBITDA margin of approximately 19% after one-off costs
▪ Medium-term guidance: Sika confirms profitability and cash-flow expectations with 20%+ EBITDA margin targeted as of 2026; new growth guidance of 3-6% in local currencies reflects revised market growth assumption
▪ Details of investment and efficiency program to be presented at an investor and media conference on November 27, 2025
AD HOC
  • Half-year Report
  • Financial
  • Ad hoc
  • July
  • 2025
  • Media Release

Sika achieves global growth of 1.6% in local currencies and expands its profit margin

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
AD HOC
  • April
  • Ad hoc
  • Financial
  • 2025
  • Media Release

Sika is generating growth in Q1 despite unpredictable markets and continues investing worldwide

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

AD HOC
  • General Meeting
  • March
  • 2025
  • Ad hoc
  • Media Release

Annual General Meeting approves Board of Directors' Proposals

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.
AD HOC
  • General Meeting
  • February
  • Ad hoc
  • 2025
  • Media Release

2025 Annual General Meeting of Sika AG

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
  • Annual Report
  • February
  • Financial
  • Ad hoc
  • 2025
  • Media Release

Sika with record results - jump in net profit of 17.4%

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
AD HOC
  • Financial
  • January
  • 2025
  • Ad hoc
  • Media Release

Sika Posts Record Sales of CHF 11.76 Billion in 2024 - Growth of 7.4% in Local Currencies

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
AD HOC
  • Nine Months Report
  • October
  • Financial
  • Ad hoc
  • 2024
  • Media Release

Sika sets new records in sales and profit - Organic growth accelerates further

Ad hoc announcement pursuant to Art. 53 LR

▪ Sales of CHF 8,914.9 million (+5.5% in CHF) after first nine months
▪ Sales growth of 9.1% in local currencies (foreign currency effect of -3.6%)
▪ Continued steady improvement in organic growth from 0.2% in Q1 to 1.7% in Q3
▪ Expansion of material margin to 54.7% (previous year: 53.1%)
▪ Operating profit before depreciation and amortization (EBITDA) of CHF 1,701.7 million (previous year: CHF 1,502.7 million)
▪ EBITDA margin rose significantly to 19.1% (previous year: 17.8%)
▪ Acquisition of Kwik Bond, USA and Vinaldom, Dominican Republic
▪ New plants opened in Peru and China, major plant expansion in Indonesia

Outlook for fiscal 2024 confirmed:
▪ Sales increase of 6% to 9% in local currencies
▪ Over-proportional increase in EBITDA
▪ Confirmation of 2028 strategic targets for sustainable, profitable growth
AD HOC
  • Half-year Report
  • Financial
  • Ad hoc
  • 2024
  • July
  • Media Release

Further expansion of market share - Sika posts record results in first half of the year

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

▪ Sales of CHF 5,834.8 million (+9.2% in CHF) in first half of the year
▪ Sales increase by 12.8% in local currencies, negative foreign currency impact of -3.6%
▪ Material margin expands to 55.1% (first half of 2023: 52.7%)
▪ EBITDA margin jumps to 18.7% (first half of 2023: 16.5%)
▪ Operating profit before depreciation and amortization (EBITDA) of CHF 1,092.9 million (previous year: CHF 881.1 million)
▪ Successful integration of MBCC with raised synergy guidance for the year (CHF 100-120 million)
▪ Acquisition of Kwik Bond, USA
▪ New plants opened in Peru and China
▪ Global employee survey confirms high engagement rate of 86%
▪ SBTi validation for Sika’s net-zero targets

Outlook for the 2024 fiscal year:
▪ 6-9% increase in sales in local currencies
▪ Over-proportional increase in EBITDA
▪ Confirmation of 2028 strategic targets for sustainable, profitable growth
AD HOC
  • April
  • 2024
  • Ad hoc
  • Financial
  • Media Release

Strong start to the year: record sales and high, double-digit growth in the first quarter

Ad hoc announcement pursuant to Art. 53 LR

▪ High, double-digit growth of +20.1% in local currencies
▪ Q1 sales of CHF 2,648.0 million (+13.8% in CHF)
▪ Acquisition effect of 19.9%
▪ Negative currency effect of –6.3%
▪ Acquisition of Kwik Bond in the USA

Outlook for fiscal 2024 confirmed
▪ Sales growth in local currencies of 6–9%
▪ Over-proportional increase in EBITDA
▪ Confirmation of 2028 strategic targets for sustainable, profitable growth

AD HOC
  • General Meeting
  • Ad hoc
  • 2024
  • March
  • Media Release

Annual General Meeting approves Board of Directors' Proposals

Ad hoc announcement pursuant to Art. 53 LR

All the Board of Directors's proposals were approved by the shareholders at the 56th Annual General Meeting of Sika AG on March 26, 2024
AD HOC
  • General Meeting
  • February
  • 2024
  • Ad hoc
  • Media Release

2024 Annual General Meeting of Sika AG

Ad hoc announcement pursuant to Art. 53 LR

▪ March 26, 2024 confirmed as date for the Annual General Meeting
▪ Except for the resigning Chair of the Board of Directors, Paul Hälg, all current members of the Board of Directors are standing for re-election
▪ The Board of Directors proposes to elect Thierry F.J. Vanlancker as new Chair of the Board of Directors and Thomas Aebischer as new member of the Board of Directors
▪ Gross dividend of CHF 3.30 per share proposed

AD HOC
  • Annual Report
  • February
  • Financial
  • Ad hoc
  • 2024
  • Media Release

Record Results for Sales, Cash Flow, and adjusted EBIT

Ad hoc announcement pursuant to Art. 53 LR

Results 2023
▪ Record sales of CHF 11,238.6 million (+7.1%), sales increase in local currencies of +14.5%
▪ Operating profit (EBIT) adjusted for one-time M&A effects increased to CHF 1,680.6 million (+12.7%), resulting in an EBIT margin of 15.0% (previous year: 14.2%)
▪ Operating profit (EBIT) reported at CHF 1,549.1 million (previous year: CHF 1,579.7 million)
▪ Record operating free cash flow up to CHF 1,372.7 million (+58.7%)
▪ Proposal for dividend increase to CHF 3.30 per share (previous year: CHF 3.20)
▪ Successful MBCC integration with synergies in the first 8 months of CHF 41 million
▪ 108 new patents and 188 new inventions registered
▪ Reduction of CO2eq emissions per ton sold by -4.4% (scope 1 and 2)

Outlook for 2024 fiscal year
▪ For the 2024 fiscal year, Sika is expecting sales growth in local currencies of 6–9%
▪ Over-proportional increase in EBITDA expected
AD HOC
  • Financial
  • January
  • Ad hoc
  • 2024
  • Media Release

Sika posts record sales of CHF 11.24 Billion in 2023 - Growth of 7.1% in CHF

Ad hoc announcement pursuant to Art. 53 LR

▪ Sika posts record sales of CHF 11.24 billion in 2023
▪ Revenue growth of +7.1% in CHF (+14.5% in local currencies)
▪ High, negative foreign currency effect of -7.4% due to sharp appreciation of the Swiss franc
▪ Integration of MBCC on track with expected synergies of CHF 180–200 million
▪ Acquisition of Thiessen Team (USA) and Chema (Peru) as well as a stake in start-up Concria Oy (Finland)
▪ New plants commissioned in Kharagpur (East India) and Chattanooga (Tennessee, USA) and expansion of two factories in Sealy (Texas, USA) and Kirchberg (Switzerland)
▪ Technology Center opened in Suzhou (China)

Outlook for fiscal 2023 confirmed:
▪ Over-proportional increase in EBIT excluding MBCC acquisition
▪ Operating free cash flow of over 10% (as % of net sales)
AD HOC
  • Nine Months Report
  • October
  • Financial
  • Ad hoc
  • 2023
  • Media Release

Sales rise by 12.4% thanks to MBCC Acquisition - Significant profitability increase in Q3

Ad hoc announcement pursuant to Art. 53 LR

▪ Sales of CHF 8,449.2 million (+5.6% in CHF) after nine months of the fiscal year
▪ Sales growth of 12.4% in local currencies (negative foreign currency impact of -6.8%)
▪ Expansion of material margin to 53.1% (previous year-period: 49.3%)
▪ Increase in EBIT margin adjusted for acquisition-related costs to 14.8% (previous year-period: 13.8%)
▪ In Q3 EBIT increased by +24.3% (compared to Q3 2022)
▪ Operating free cash flow significantly increased to CHF 877.3 million (previous year-period: CHF 422.4 million)
▪ Successful integration of MBCC and increase in synergies from CHF 160-180 million to CHF 180-200 million
▪ Acquisition of Thiessen Team (USA) and Chema (Peru)
▪ Opening of new plants in Kharagpur (East India) and Chattanooga (Tennessee, USA)

Outlook for fiscal 2023 confirmed:
▪ Sales increase in local currencies of more than 15% (including MBCC)
▪ Over-proportional increase in EBIT (excluding MBCC acquisition)
▪ Operating free cash flow (as % of net sales) of over 10% expected
AD HOC
  • Capital Markets Day
  • October
  • 2023
  • Ad hoc
  • Media Release

“Beyond the Expected”: Sika launches new growth strategy 2028 with more ambitious targets

Ad hoc announcement pursuant to Art. 53 LR

At today’s Capital Markets Day in Zurich, Sika presents its new Strategy 2028, “Beyond the Expected”, which builds on the company’s successful growth model. The roadmap leverages on Sika’s strong market position and innovation power and sets the course for an even stronger performance in the years to come. The annual growth target will be lifted to 6-9% in local currencies and profitability target will be increased to an EBITDA margin of 20-23%. The new growth strategy is based on the four pillars market penetration, innovation & sustainability, acquisitions, as well as people & culture and includes a balanced set of financial and non-financial targets. Furthermore, Sika reports a strong sales growth year to date (January to August 2023) of +12.2%.
AD HOC
  • Ad hoc
  • 2023
  • September
  • Media Release

Sika announces changes to the board of directors and the group management ahead of the growth strategy 2028 announcement

Ad hoc announcement pursuant to Art. 53 LR

▪ Thierry F. J. Vanlancker to be proposed as new Chair of the Board of Directors at the Annual General Meeting 2024
▪ Paul Hälg has decided to step down after twelve successful years
▪ Rotation in Group Management ahead of new Growth Strategy 2028
AD HOC
  • Financial
  • 2023
  • August
  • Ad hoc
  • Media Release

Early Redemption of the 0.15% Convertible Bonds 2018 - 2025

Ad hoc announcement pursuant to Article 53

▪ Sika notifies the bondholders of its convertible bond due in 2025 that it has exercised the early redemption option
▪ Notices to convert the Bonds may be deposited with the paying and conversion agent until September 15, 2023, 4:00 p.m. CEST
▪ Deposit banks may set an earlier deadline to bondholders to instruct the conversion of their Bonds and bondholders should therefore reach out to their bank or broker
▪ Bonds which will not be converted will be redeemed at par plus accrued interest
AD HOC
  • Half-year Report
  • Financial
  • Ad hoc
  • 2023
  • August
  • Media Release

Sika with sales up by 7.9% – Consolidation of MBCC Acquisition – Profit expectations for 2023 confirmed

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

▪ Sales up by 7.9% in local currencies
▪ Record first-half-year sales at CHF 5,345.5 million (+1.8% in CHF)
▪ Expansion of material margin to 52.7% (first half of 2022: 49.4%)
▪ Increase in EBIT margin adjusted for acquisition-related costs to 14.0% (first half of 2022: 13.4%)
▪ EBIT adjusted for one-time M&A effects CHF 749.9 million (+6.9%)
▪ Strong foreign currency impact of -6.1%
▪ Completion of MBCC acquisition and consolidation as per May 2, 2023
▪ Front-loaded MBCC integration costs of CHF 89.5 million in first half year
▪ Acquisition of Thiessen Team USA
▪ Opening of new mortar and concrete admixture plant in Eastern India

Outlook for fiscal 2023:
▪ Sales increase in local currencies of above 15%, including MBCC
▪ Over-proportional increase in EBIT confirmed, excluding MBCC
AD HOC
  • April
  • Financial
  • Ad hoc
  • 2023
  • Media Release

Sika performs well in demanding markets: Slight growth in local currencies in first quarter

Ad hoc announcement pursuant to Art. 53 LR

▪ Sales up by 1.2% in local currencies
▪ Q1 sales of CHF 2,325.9 million (-3.0% in CHF)
▪ Strong growth of 15.2% in Global Business (previous year: 10.4%)
▪ Negative currency effect of -4.2%
▪ Closing of MBCC acquisition still targeted for first half of 2023

Outlook for fiscal 2023 confirmed
▪ Sales increase in local currencies by 6–8%
▪ Over-proportional increase in EBIT (excluding MBCC acquisition)
▪ Confirmation of 2023 strategic targets for sustainable, profitable growth
AD HOC
  • General Meeting
  • February
  • 2023
  • Ad hoc
  • Media Release

Annual General Meeting approves Board of Directors' Proposals

Ad hoc announcement pursuant to Art. 53 LR

All the Board of Directors's proposals were approved by the shareholders at the 55th Annual General Meeting of Sika AG on March 28, 2023
AD HOC
  • Acquisition
  • Ad hoc
  • 2023
  • March
  • Media Release

Sika has agreed to sell selected MBCC Group admixture assets to Cinven

Ad hoc announcement pursuant to Art. 53 LR

The British Competition and Markets Authority (CMA) has provided Sika with provisional negative feedback regarding INEOS Enterprises as a prospective buyer for the divestment of MBCC Group’s chemical admixtures assets in England, the USA, Canada, Europe, Australia, and New Zealand (“Disposal Perimeter”), due to competition concerns. The disposal is part of the required remedy process for the approval of Sika's acquisition of MBCC Group. The parties therefore agreed to terminate the contract, while Sika has agreed to sell the Disposal Perimeter to international private equity firm, Cinven. The CMA has already approved Cinven as a suitable buyer of the Disposal Perimeter. Financial and transaction parameters remain largely unchanged. This also applies to the timing for the closing of the divestment as well as the MBCC acquisition, which are expected to take place in the first half of 2023.
AD HOC
  • Annual Report
  • February
  • Financial
  • Ad hoc
  • 2023
  • Media Release

Sika Exceeded CHF 10 Billion Sales Mark – Record EBIT achieved

Ad hoc announcement pursuant to Art. 53 LR

Results 2022
▪ Sales of CHF 10,491.8 million (+13.4%), sales increase in local currencies of +15.8%
▪ Operating profit (EBIT) increased to CHF 1,579.7 million (+13.5%), resulting in an EBIT margin of 15.1% (previous year: 15.0%)
▪ Net profit up to CHF 1,162.5 million (+10.9%)
▪ Reduction of CO2eq emissions by -6.9% to 16.4 kg per ton sold
▪ Proposal for dividend increase of 10.3% to CHF 3.20 per share (previous year: CHF 2.90)

Outlook for 2023 fiscal year
▪ Closing of MBCC acquisition targeted for the first half of 2023
▪ Sales increase in local currencies by 6-8% and an over-proportional increase in EBIT anticipated (excluding impact of MBCC acquisition)
▪ Confirmation of 2023 strategic targets for sustainable, profitable growth

Sika performed well against an increasingly difficult economic backdrop and exceeded the CHF 10 billion sales mark for the first time with sales of CHF 10,491.8 million. This corresponds to an increase in Swiss francs of 13.4% year-on-year. The currency effect came to –2.4%. Operating profit (EBIT) increased by 13.5%, reaching a new record figure of CHF 1,579.7 million. This equates to an EBIT margin of 15.1%.
AD HOC
  • Acquisition
  • Ad hoc
  • January
  • 2023
  • Media Release

Sika to sell selected MBCC Group Admixture Assets to Ineos Enterprises

Ad hoc announcement pursuant to Art. 53 LR

▪ Sika AG and INEOS Enterprises have signed an agreement for the acquisition of MBCC Group’s admixtures assets in the US, Canada, Europe, and the UK and its entire operations in Australia, and New Zealand
▪ Divestment is a key milestone for Sika to close MBCC Group acquisition
▪ Sika confirms synergy potential of CHF 160-180 million following expected closing in first half of 2023
AD HOC
  • Financial
  • January
  • Ad hoc
  • 2023
  • Media Release

Sika Exceeds Sales of CHF 10 Billion for the First Time - Strong Growth of 15.8% in Local Currencies

Ad hoc announcement pursuant to Art. 53 LR

▪ Sika posts sales of CHF 10.49 billion in 2022
▪ Sales growth of 15.8% in local currencies (+13.4% in CHF)
▪ Further growth platforms secured with acquisitions of Sable Marco (Canada) and UGL (USA)
▪ Closing of MBCC acquisition targeted for first half of 2023
▪ New plants opened in Tanzania, Ivory Coast, Bolivia, USA, and China
▪ Record EBIT and an EBIT margin of 15% anticipated for the 2022 fiscal year
▪ Confirmation of 2023 strategic targets for sustainable, profitable growth
AD HOC
  • Nine Months Report
  • October
  • 2022
  • Financial
  • Ad hoc
  • Media Release

Sika With Strong Performance in Demanding Markets

Ad hoc announcement pursuant to Art. 53 LR

▪ Sales at CHF 7,998.5 million (+16.6% in CHF)
▪ Sales up by 18.5% in local currencies
▪ Operating profit (EBIT): CHF 1,231.5 million (+16.8%)
▪ Acquisition of Sable Marco (Canada) and UGL (USA)
▪ New plants opened in Tanzania, Ivory Coast, Bolivia, and in the USA

Outlook for 2022 fiscal year confirmed:
▪ Sales increase in local currencies of over 15%, surpassing CHF 10 billion for the first time
▪ Over-proportional increase in EBIT expected
▪ Confirmation of 2023 strategic targets for sustainable, profitable growth
▪ Closing of MBCC acquisition targeted for first half of 2023
AD HOC
  • Half-year Report
  • Financial
  • 2022
  • July
  • Ad hoc
  • Media Release

Record Figures for Sales and Profit in First Half of 2022 - Sika Confirms Targets for Current Financial Year

Ad hoc announcement pursuant to Art. 53 LR

▪ First-half sales at CHF 5,250.3 million (+18.0% in CHF)
▪ Sales up by 19.5% in local currencies
▪ Operating profit (EBIT) at CHF 841.9 million (+22.7%)
▪ Record EBIT margin of 16.0%
▪ Acquisition of Sable Marco (Canada) and UGL (USA)
▪ New plants opened in Tanzania, Ivory Coast, Bolivia, and USA

Outlook for 2022 fiscal year confirmed
▪ Sales increase in local currencies by well over 10%, surpassing CHF 10 billion for the first time
▪ Over-proportional increase in EBIT expected
▪ Confirmation of 2023 strategic targets for sustainable, profitable growth
▪ Closing of MBCC acquisition is targeted for the end of 2022
AD HOC
  • 2022
  • April
  • General Meeting
  • Ad hoc
  • Media Release

Annual General Meeting Approves Board of Directors' Proposals

Ad hoc announcement pursuant to Art. 53 LR

At the 54th Annual General Meeting of Sika AG on April 12, 2022, all proposals of the Board of Directors were approved
AD HOC
  • 2022
  • April
  • Financial
  • Ad hoc
  • Media Release

Strong Start to the Year - Sika Unveils Record Sales in First Quarter

Ad hoc announcement pursuant to Art. 53 LR

▪ Sales increase in local currencies of 21.9%
▪ First quarter sales of CHF 2,398.2 million (+20.0% in CHF)
▪ Negative currency effect of –1.9%
▪ Opening of new plants in Tanzania and Ivory Coast

Outlook for fiscal 2022 confirmed
▪ Sales increase in local currencies by well over 10%, surpassing CHF 10 billion for the first time
▪ Over-proportional increase in EBIT
▪ Closing of MBCC acquisition remains targeted for the second half of 2022
▪ Confirmation of 2023 strategic targets for sustainable, profitable growth
AD HOC
  • Financial
  • 2022
  • April
  • Ad hoc
  • Media Release

Sika Closes Divestment of European Industrial Coatings Business

Ad hoc announcement pursuant to Art. 53 LR
AD HOC
  • Annual Report
  • 2022
  • February
  • Financial
  • Ad hoc
  • Media Release

Record Results for Sales and Profit

Ad hoc announcement pursuant to Art. 53 LR

Results 2021
▪ Sales of CHF 9,252.3 million (+17.5%), sales increase in local currencies of +17.1%
▪ EBITDA increased to CHF 1,758.0 million (+17.4%)
▪ Operating profit (EBIT) increased to CHF 1,391.4 million (+23.1%), resulting in an EBIT margin of 15.0% (previous year: 14.4%)
▪ Net profit up to CHF 1,048.5 million (+27.1%)
▪ Reduction of CO2eq emissions by -10.1% to 17.6 kg per ton sold
▪ Proposal for dividend increase of 16.0% to CHF 2.90 per share (previous year: CHF 2.50)

Outlook for 2022 fiscal year
▪ Sales increase in local currencies by well over 10%, surpassing CHF 10 billion for the first time
▪ Over-proportional increase in EBIT
▪ Closing of MBCC acquisition remains targeted for the second half of 2022
▪ Confirmation of 2023 strategic targets for sustainable, profitable growth
▪ New sustainability targets to be presented at Capital Markets Day on September 30, 2022

Sika performed well in a challenging environment in 2021, once again demonstrating the strengths of its business model. Despite the ongoing COVID-19 pandemic and bottlenecks in the procurement of raw materials, sales rose significantly by 17.5% to a record CHF 9,252.3 million. As the company implemented price increases and followed disciplined cost management, operating profit (EBIT) went up by an over-proportional 23.1%, hitting a new record figure of CHF 1,391.4 million. This equates to an EBIT margin of 15.0% compared to 14.4% the previous year. In keeping with this development, net profit rose sharply by 27.1% to an overall CHF 1,048.5 million (previous year: CHF 825.1 million).
AD HOC
  • Financial
  • 2022
  • January
  • Ad hoc
  • Media Release

Sika Posts Record Sales for 2021 - Growth of 17.1%

Ad hoc announcement pursuant to Art. 53 LR

▪ Sales increase of 17.1% in local currencies – 2021 sales at CHF 9.24 billion (+17.3% in CHF)
▪ Additional growth platforms created through seven acquisitions: Kreps (Russia), DriTac (USA), BR Massa (Brazil), Hamatite (Japan), American Hydrotech (USA), Bexel (Mexico), and Landun (China)
▪ Signing of MBCC Group takeover agreement – closing planned for second half of 2022
▪ Expansion of production sites in Stockholm (Sweden) and Doha (Qatar), commissioning of new production sites in Jiaxing City (China) and Pune (India), establishment of a new national subsidiary in Ghana
▪ Over-proportional increase in EBIT and EBIT margin of 15% anticipated for 2021
▪ Confirmation of 2023 strategic targets for sustainable, profitable growth
AD HOC
  • General Meeting
  • December
  • 2021
  • Ad hoc
  • Media Release

Extraordinary General Meeting of Sika AG

On January 25, 2022, an extraordinary shareholders' meeting of Sika will be held. The Board of Directors proposes to the extraordinary general meeting to increase the existing conditional capital from currently CHF 155,893.20, corresponding to 15,589,320 registered shares with a par value of CHF 0.01 each, to CHF 187,893.20, corresponding to 18,789,320 registered shares with a par value of CHF 0.01 each and to amend the respective clause of the Articles of Association accordingly.
AD HOC
  • Acquisition
  • 2021
  • November
  • Ad hoc
  • Media Release

Sika to Acquire MBCC Group to Accelerate Its Growth Strategy and Reinforce Its Position as Sustainability Champion in the Global Construction Industry

▪ MBCC Group is one of the most recognized companies in construction chemicals worldwide with sales of approximately CHF 2.9 billion (EUR 2.7 billion)
▪ Enterprise value of CHF 5.5 billion represents a 11.5x EV/pro forma 2022E EBITDA multiple with expected annual synergies of CHF 160 – 180 million bringing the multiple down to 8.5x EV/EBITDA
▪ Transaction is highly complementary across almost all of Sika’s core technologies, applications, and solutions
▪ Acquisition is accretive to Sika’s earnings per share from the first full year post closing
▪ The combined company will drive the sustainability transformation of the construction industry further and faster
▪ Transaction is subject to regulatory approval, but Sika is confident that all required clearances will be obtained. Closing targeted for the second half of 2022
AD HOC
  • Nine Months Report
  • October
  • 2021
  • Financial
  • Ad hoc
  • Media Release

Sika on Track to Set Records After First Nine Months - Strong Growth in Sales and EBIT

▪ Sales up by 18.1% in local currencies, sales of CHF 6,862.7 million (+18.2% in CHF)
▪ Operating profit (EBIT) at CHF 1,054.0 million (+32.2%), EBIT margin at 15.4%
▪ 7 acquisitions realized to date: Kreps (Russia), DriTac (USA), BR Massa (Brazil), Hamatite (Japan), American Hydrotech (USA), Bexel (Mexico), and Landun (China)
▪ Change in Group Management with Patricia Heidtman as new Chief Innovation and Sustainability Officer
▪ Outlook for 2021 confirmed: expected growth in local currencies: 13–17%; over-proportional increase in EBIT, EBIT margin to reach 15% for the first time
▪ Confirmation of 2023 strategic targets for sustainable, profitable growth
AD HOC
  • Half-year Report
  • Financial
  • 2020
  • July
  • Ad hoc
  • Media Release

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
▪ Confirmation of 2023 strategic targets for sustainable, profitable growth
AD HOC
  • General Meeting
  • April
  • 2021
  • Ad hoc
  • Media Release

Annual General Meeting Approves Board of Directors' Proposals

At the 53rd Annual General Meeting of Sika AG on April 20, 2021, all proposals of the Board of Directors were approved.
AD HOC
  • Financial
  • April
  • 2021
  • Ad hoc
  • Media Release

Dynamic Growth - New Sales Record in First Quarter - Annual Target Raised

▪ Sales increase of 12.6% in local currencies
▪ Q1 sales of CHF 1,998.6 million (+10.2% in CHF)
▪ Negative currency effect of –2.4%
▪ Acquisition of Kreps (Russia), DriTac (USA), and BR Massa (Brazil)
▪ Outlook for 2021 fiscal year
▪ Double-digit sales growth in local currencies (previously: local currency growth of 6%–8%)
▪ Over-proportional increase in EBIT, EBIT margin to reach 15% for the first time
▪ Confirmation of 2023 strategic targets for sustainable, profitable growth
AD HOC
  • Annual Report
  • Financial
  • February
  • Ad hoc
  • Media Release

Record Results for Profit and Cash flow - Sika Strong in Year of Coronavirus

• Sales of CHF 7,877.5 million (–2.9% in CHF, +3.4% in local currencies)
• EBITDA increased to CHF 1,497.6 million (+7.9%)
• Operating profit (EBIT) increased to CHF 1,130.5 million (+7.1%)
• EBIT margin increased to 14.4% (previous year: 13.0%)
• Net profit up to CHF 825.1 million (+8.8%)
• Operating free cash flow increased to CHF 1,259.4 million (+22.7%)
• Reduction of CO2 emissions by 25.9% to 20 kg per ton sold (previous year: 27 kg per ton sold)
• 6 factories opened or extended, 1 company acquired and one expanded partnership
• Proposal for dividend increase of 8.7% to CHF 2.50 (previous year: CHF 2.30)
• From May 1, 2021: Thomas Hasler to succeed CEO Paul Schuler
▪ Outlook for 2021 fiscal year
▪ Sales increase in local currencies of 6%–8%
▪ Over-proportional increase in EBIT, EBIT margin to reach 15% for the first time
▪ Confirmation of 2023 strategic targets for sustainable, profitable growth

The 2020 fiscal year was overshadowed by the COVID-19 pandemic, which had a number of severe effects for the construction and automotive sectors. Despite this difficult environment, Sika nonetheless achieved record results. Sales increased by 3.4% in local currencies. Due to negative currency effects, this equates to a slight decline in sales in Swiss francs of -2.9% compared to the prior year. Operating profit (EBIT) grew by an over-proportional 7.1% to CHF 1,130.5 million – a new record result. In keeping with this development, new records were also set for net profit at CHF 825.1 million (+8.8% year-on-year) and operating free cash flow at CHF 1,259.4 million (+22.7% year-on-year).
AD HOC
  • Financial
  • 2021
  • January
  • Ad hoc
  • Media Release

Sales Growth of 3.4% in Local Currencies for 2020 – Strong Q4 Increase of 5.5%

▪ Sales increase of 3.4% in local currencies – 2020 sales at CHF 7.88 billion (–2.9% in CHF)
▪ Strong growth of 5.5% in the fourth quarter (organic: 4.1%)
▪ Completion of acquisition of Adeplast (Romania), takeover of Modern Waterproofing Group (Egypt), expansion of partnership with CiDRA Concrete Systems (United States)
▪ Establishment of new factories in Colombia and China, alongside factory expansions in the United Arab Emirates, France, and Switzerland
▪ For 2020, Sika is anticipating an over-proportional increase in EBIT and an EBIT margin of around 14%
▪ Confirmation of 2023 strategic targets for sustainable, profitable growth
AD HOC