Sika has subsidiaries in 103 countries around the world and manufactures in over 400 factories. The company carries out its worldwide activities according to regions which determine the segments of the reporting. The regional breakdown is based on unified economic areas and supply chain structures. Overarching leadership responsibility ensures integrated management from production to the customer.
In 2023, despite challenging market conditions, Sika achieved double-digit growth in all regions. High inflation rates and a substantial rise in interest rates weighed on the construction industry. Despite these headwinds, Sika continued to grow organically and further expand its market share.
Americas
in CHF mn
Net sales 2023
3,424
(2022: 3,194)
Growth in local currencies
14.9%
Currency impact: -7.7%
Acquisition effect: 16.2%
Organic growth: -1.3%
Employees
7,991
EMEA
in CHF mn
Net sales 2023
4,499
(2022: 4,144)
Growth in local currencies
14.8%
Currency impact: -6.2%
Acquisition effect: 15.7%
Organic growth: -0.9%
Employees
14,389
Asia/Pacific
in CHF mn
Net sales 2023
2,474
(2022: 2,351)
Growth in local currencies
15.1%
Currency impact: -9.8%
Acquisition effect: 9.7%
Organic growth: 5.4%
Employees
8,198
Global Business
in CHF mn
Net sales 2023
842
(2022: 804)
Growth in local currencies
10.0%
Currency impact: -5.3%
Acquisition effect: 0.0%
Organic growth: 10.0%
Employees
2,190