The Sika Growth Model is synonymous with long-term success and profitable growth. By focusing on market penetration, innovation, emerging markets, and acquisitions, and driven by its strong corporate values, Sika is growing successfully.

Target Achievement

The five strategic pillars market penetration, innovation, emerging markets, acquisitions, and values are not only the foundation for growth but they also drive improvements in margins, cash flow, and return on capital. Within the framework of the growth model, various initiatives contribute to the achievement of the strategic targets.

  • Key investments in the accelerated expansion of the supply chain in growth markets, new national subsidiaries and acquisitions drive growth and margins. Since 2015 Sika has invested in 37 new plants, 11 new national subsidiaries and 20 acquisitions – a total of 68 key investments.
  • Investments in R&D lead to the launch of a large number of new products in all target markets every year. Sika spends approximately 3% of sales on R&D annually.
  • Globally organized procurement coordinates purchasing in all regions, resulting in more price efficient sourcing.
  • Focus on pricing with global pricing tools and monthly pricing reporting.
  • Transparent performance management focused on well-defined KPIs.
  • Strict cost management. Fast efficiency measures in countries which are not growing.
  • Operating leverage: Sales growth of 6-8% generates higher margins, as costs increase at a disproportionately lower rate.


For the business year 2018, a record operating profit (EBIT) in the range of CHF 940 million to 960 million is expected. With investments in eleven new factories, one additional national subsidiary, and four acquisitions, the basis for continued growth has been established. These 16 key investments, together with the well-filled pipeline of new products and the strong sales organization, allow Sika to look to the future with much confidence.

In the business year 2019, Sika expects a sales increase in line with its Growth Strategy 2020 targets of 6 to 8% and an over-proportional rise in profits. Depending on the closing date of the Parex transaction, sales are expected to exceed CHF 8 billion. The execution of the Growth Strategy will continue in 2019 with the opening of new factories and further acquisitions. The new Strategy 2023 will be communicated at the Capital Markets Day on October 3, 2019.