Sika achieved accelerated sales growth of 8.3% in the fourth quarter of 2015, while total sales for the year rose 6.2% in local currencies. All regions contributed to the broad-based growth, as did investments in new factories and national subsidiaries. An above-average increase in the operating result is expected for business year 2015.
5.5% sales growth at constant exchange rates, growth in all regions, net profit up by an above-average 9.0%, 8 new factories opened, 3 new national subsidiaries established, 5 acquisitions.
Foto: Jenny Cook, Laboratory Team Leader, USA
Solid results boost Sika shares up to December 2014. Share markets trend positively in 2014. Solid results provide added impetus for the Sika share. The share’s upward momentum was brought to an abrupt end when the hostile takeover bid mounted by Saint-Gobain on December 8 became public.
Creating transparency is the highest objective of good corporate governance. This provides information on structures and processes, areas of responsibility and decision procedures as well as rights and obligations of various stakeholders. Reporting at Sika follows the SIX Swiss Exchange guidelines.