Sika Exceeds Sales of CHF 10 Billion for the First Time - Strong Growth of 15.8% in Local Currencies
AD HOC
11/01/2023
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