Sika With Strong Performance in Demanding Markets
21/10/2022
Ad hoc announcement pursuant to Art. 53 LR
▪ Sales at CHF 7,998.5 million (+16.6% in CHF)
▪ Sales up by 18.5% in local currencies
▪ Operating profit (EBIT): CHF 1,231.5 million (+16.8%)
▪ Acquisition of Sable Marco (Canada) and UGL (USA)
▪ New plants opened in Tanzania, Ivory Coast, Bolivia, and in the USA
Outlook for 2022 fiscal year confirmed:
▪ Sales increase in local currencies of over 15%, surpassing CHF 10 billion for the first time
▪ Over-proportional increase in EBIT expected
▪ Confirmation of 2023 strategic targets for sustainable, profitable growth
▪ Closing of MBCC acquisition targeted for first half of 2023
AD HOC