Date

2024 2023 2022 2021

Month

April August December February January July March November October September

Topic

Acquisition Ad hoc Annual Report Capital Markets Day Financial General Meeting Half-year Report Nine Months Report
  • Media Release
  • Annual Report
  • 2022
  • February
  • Financial
  • Ad hoc

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

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