Sika Posts Record Sales for 2021 - Growth of 17.1%
AD HOC
11/01/2022
Ad hoc announcement pursuant to Art. 53 LR
▪ Sales increase of 17.1% in local currencies – 2021 sales at CHF 9.24 billion (+17.3% in CHF)
▪ Additional growth platforms created through seven acquisitions: Kreps (Russia), DriTac (USA), BR Massa (Brazil), Hamatite (Japan), American Hydrotech (USA), Bexel (Mexico), and Landun (China)
▪ Signing of MBCC Group takeover agreement – closing planned for second half of 2022
▪ Expansion of production sites in Stockholm (Sweden) and Doha (Qatar), commissioning of new production sites in Jiaxing City (China) and Pune (India), establishment of a new national subsidiary in Ghana
▪ Over-proportional increase in EBIT and EBIT margin of 15% anticipated for 2021
▪ Confirmation of 2023 strategic targets for sustainable, profitable growth