Archive

2013

Sika Acquires Leading Manufacturer of Cementitious Powder Products

16/12/2013

Media Release
Acquisition

Sika has agreed to acquire LCS Optiroc Pte Ltd. in Singapore and LCS Optiroc SDN. BHD in Malaysia, a leading manufacturer of cementitious powder products. The business generated annual sales of CHF 24 million in the last financial year. With the acquisitions of AkzoNobel’s Building Adhesives and Everbuild Building Products this year as well as Technokolla in 2011, this take-over strengthens Sika’s offerings in powder products and in the interior finishing sector.

October

2013

High Growth Dynamic in third quarter with sales increasing 10.6%

30/10/2013

Nine Months Report
Media Release
Financial

Nine-month results:
▪ Accelerated sales growth of 6.7% in the first nine months
▪ Sales 16.4% higher in emerging markets
▪ EBIT increase of 13.3%
▪ Above-average 15.3% rise in net profit

In the third quarter, Sika reported local currency growth of 10.6%. Net sales for the first nine months of the year came to CHF 3,807.7 million, corresponding to a year-on-year increase of 6.7% in local currencies and 4.7% in Swiss francs. Sika posted an above-average increase in net profit.

October

2013

Sika Successfully Places CHF 400 Million Bond

10/10/2013

Media Release
Financial

Sika AG successfully placed today a 6-year bond issue with an amount of CHF 200 million and a coupon of 1.125% per annum and a 10-year bond issue of CHF 200 million and a coupon of 1.875% per annum in the Swiss capital market.

October

2013

Sika Completes Acquisition of AkzoNobel's Building Adhesives Business

01/10/2013

Media Release
Acquisition

Sika has completed the acquisition of AkzoNobel’s Building Adhesives business on October 1, 2013. The deal was announced on August 8, 2013. With annual sales of CHF 228 million, AkzoNobel Building Adhesives is a top-three player in its core European markets and employs 550 people. With this acquisition, Sika will increase its product offering for interior finishing in its Flooring, Sealing & Bonding and Refurbishment markets.

September

2013

Sika Appoints New Chief Technology Manager

10/09/2013

Media Release
Management

Sika has appointed Thomas Hasler as its new Chief Technology Officer and a Member of Group Management effective January 1, 2014. He succeeds Urs Mäder, who has decided to step down from the role.

August

2013

Sika Has Made an Offer for the Building Adhesives Business of AkzoNobel

08/08/2013

Media Release
Acquisition

Sika has made a binding offer of CHF 320 million to acquire the Building Adhesives Business of the Dutch company AkzoNobel. With annual sales of CHF 228 million, AkzoNobel Building Adhesives is a top-three player in its core European markets and employs 550 people. With this acquisition, Sika will increase its product offering for interior finishing in the Flooring, Sealing & Bonding and Refurbishment markets. The transaction is expected to be completed in the fourth quarter of 2013.

July

2013

Sika with Strong Growth in Emerging Markets

29/07/2013

Half-year Report
Media Release
Financial

▪ Sales growth of 4.4% (4.0% in CHF)
▪ Sales up 15.3% in emerging markets
▪ 11.4% rise in EBIT
▪ Above-average increase in net profit of 13.2%
Following a slow first quarter in which the construction sector was hit by bad weather conditions, in the second quarter Sika made good the delays encountered in building projects. Sika posted growth in all regions and achieved an 8.3% increase in second-quarter sales. Net sales for the first half of 2013 came to CHF 2,402.5 million, corresponding to an increase of 4.4% in local currencies and 4.0% in CHF respectively.

July

2013

Sika Acquires Leading Supplier of Structural Fibres for Shotcrete

18/07/2013

Media Release
Acquisition

Sika is acquiring Australian company Radmix Resources Pty Ltd and its manufacturing partner ASF (Australian Synthetic Fibres) Pty Ltd. Radmix is the leading supplier of structural fibres for shotcrete in Australia’s mining industry. Last year Radmix and ASF generated sales of CHF 8 million.

July

2013

Sika Acquires Leading Manufacturers of Waterproofing Membranes

15/07/2013

Media Release
Acquisition

Sika is acquiring JMTexsa, S.A. de C.V. of Mexico and Texsa India Ltd, two leading manufacturers of waterproofing membranes. Sika has signed an agreement to this effect with the French industrial group Soprema. The acquisitions strengthen Sika’s growth strategy and accelerate the expansion in emerging markets. The companies being acquired generated annual sales of CHF 23 million in 2012 and have 100 employees.

June

2013

Sika Acquires Leading UK Manufacturer of Sealants and Adhesives

17/06/2013

Media Release
Acquisition

Sika has acquired Everbuild Building Products Ltd, UK’s largest independent manufacturer of sealants, adhesives and construction chemicals. Everbuild is located in Leeds with annual sales revenue of over CHF 90 million and a workforce of 270 employees.

April

2013

Cold Winter Holds Back First Quarter Sales

16/04/2013

Media Release
Financial

Despite a long winter, Sika managed to maintain sales in local currencies at the previous year’s level (-0.2%) in the first quarter of 2013. As exchange rate shifts had a negative impact of -0.9%, sales in Swiss francs reached CHF 1 043 million.

April

2013

Annual General Meeting Approves Board of Directors' Proposals

16/04/2013

Media Release
General Meeting

All the Board of Directors' proposals were accepted by shareholders at the Annual General Meeting of Sika AG on April 16, 2013.

February

2013

Continued Revenue Growth, Above-Average Increase in Net Profit, and Further Investments in Growth Markets

28/02/2013

Annual Report
Media Release
Financial

▪ 5.8% sales growth (5.3% in local currencies) to CHF 4 829 million
▪ Sales up 10.7% in emerging markets
▪ 31% increase in net profit to CHF 281 million
▪ High operating free cash flow of CHF 303 million (2011: CHF 186 million)
▪ Further investments in growth markets with new factories in Asia, Latin America and Eastern Europe

February

2013

Corporate Identity Process within Sika

28/02/2013

Media Release

The Sika brand stands for quality and consistency. Sika is a strong brand. It allows the Group to present a consistent identity in all target markets and with all products.

January

2013

5.8% Increase in Sales Thanks to Strong Global Positioning

10/01/2013

Media Release
Financial

▪ Sales up 5.8% to CHF 4.82 billion
▪ 10.7% growth in emerging markets
▪ Emerging markets account for 37% of sales

In 2012, Sika lifted sales by 5.8% to CHF 4.82 billion. This was largely attributable to Sika's strong global presence, which enabled the company to offset fall-offs in demand in European markets. 10.7% growth was achieved in the emerging markets.

December

2012

Sika Reinforces Position in Latin America by Acquiring Market Leader in Paraguay

13/12/2012

Media Release
Acquisition

Sika has agreed to acquire Inatec SRL in Paraguay. Inatec, a privately owned company with a strong position in the construction chemicals market, is located in Asunción with annual sales of CHF 7 million.

October

2012

Solid Growth and Significant Increase in Profit

31/10/2012

Nine Months Report
Media Release
Financial

▪ Sales growth of 6.0% to CHF 3 630.1 million (5.4% in local currencies)
▪ 10.1% growth in emerging markets
▪ Significant increase in gross result to 52.6% (previous year: 50.8%)
▪ Above-average 32.3% rise in net profit to CHF 223.9 million
Thanks to its strong global position, Sika lifted net sales by 6.0% in the first nine months of the year despite the challenging environment in Europe. The growth in sales and the substantial widening of the gross result translated into an above-average increase in profitability.

October

2012

Sika Strengthens Fire Protection Market Position and Know-how

26/10/2012

Media Release
Acquisition

Sika is taking over the fire protection coatings and systems business of Mannheim based Rütgers Organics GmbH, a move that will reinforce Sika’s position in the fire protection sector. The acquired business generates annual sales of CHF 6 million.

September

2012

Sika to Introduce Leaner and More Efficient Group Management Structure

03/09/2012

Media Release
Management

Effective January 1, 2013, Sika is introducing a leaner and more efficient Group management structure. Group Management will be streamlined from 14 members to nine. The geographical concentration on four regions with extensive responsibility will enable integrated management from production through to the customer. The traditional flat management structures will remain in place.

July

2012

On Track for Profitable Growth - Rise in Gross Margin

26/07/2012

Half-year Report
Media Release
Financial

▪ Sales growth of 3.4% on CHF 2,307.0 million (6.4% in local currencies)
▪ 10.7% growth in emerging markets in local currencies
▪ Gross margin of 53.1% (first half of 2011: 51.9%)
▪ Sharp 10.1% rise in EBIT to CHF 195.5 million
In the first half of 2012, Sika increased sales by 6.4% in local currencies. In Swiss franc terms, after adjusting for exchange rate changes of -3.0%, sales increased by 3.4% year-on-year to CHF 2,307.0 million. Sika also further improved its gross result, which now stands at 53.1%.

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Media Release Archive

Sika Acquires Leading Manufacturer of Cementitious Powder Products

High Growth Dynamic in third quarter with sales increasing 10.6%

Sika Successfully Places CHF 400 Million Bond

Sika Completes Acquisition of AkzoNobel's Building Adhesives Business

Sika Appoints New Chief Technology Manager

Sika Has Made an Offer for the Building Adhesives Business of AkzoNobel

Sika with Strong Growth in Emerging Markets

Sika Acquires Leading Supplier of Structural Fibres for Shotcrete

Sika Acquires Leading Manufacturers of Waterproofing Membranes

Sika Acquires Leading UK Manufacturer of Sealants and Adhesives

Cold Winter Holds Back First Quarter Sales

Annual General Meeting Approves Board of Directors' Proposals

Continued Revenue Growth, Above-Average Increase in Net Profit, and Further Investments in Growth Markets

Corporate Identity Process within Sika

5.8% Increase in Sales Thanks to Strong Global Positioning

Sika Reinforces Position in Latin America by Acquiring Market Leader in Paraguay

Solid Growth and Significant Increase in Profit

Sika Strengthens Fire Protection Market Position and Know-how

Sika to Introduce Leaner and More Efficient Group Management Structure

On Track for Profitable Growth - Rise in Gross Margin

Sika GCC

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Topics

Sika Acquires Leading Manufacturer of Cementitious Powder Products

High Growth Dynamic in third quarter with sales increasing 10.6%

Sika Successfully Places CHF 400 Million Bond

Sika Completes Acquisition of AkzoNobel's Building Adhesives Business

Sika Appoints New Chief Technology Manager

Sika Has Made an Offer for the Building Adhesives Business of AkzoNobel

Sika with Strong Growth in Emerging Markets

Sika Acquires Leading Supplier of Structural Fibres for Shotcrete

Sika Acquires Leading Manufacturers of Waterproofing Membranes

Sika Acquires Leading UK Manufacturer of Sealants and Adhesives

Cold Winter Holds Back First Quarter Sales

Annual General Meeting Approves Board of Directors' Proposals

Continued Revenue Growth, Above-Average Increase in Net Profit, and Further Investments in Growth Markets

Corporate Identity Process within Sika

5.8% Increase in Sales Thanks to Strong Global Positioning

Sika Reinforces Position in Latin America by Acquiring Market Leader in Paraguay

Solid Growth and Significant Increase in Profit

Sika Strengthens Fire Protection Market Position and Know-how

Sika to Introduce Leaner and More Efficient Group Management Structure

On Track for Profitable Growth - Rise in Gross Margin