Sika News from 2021

Sika's Roofing Team were proud to be part of the DIY SOS Big Build for BBC Children in Need 2023.

Global building product manufacturer Sika has become an early adopter of the Code for Construction Product Information (CCPI) which has been published to drive higher standards in the presentation of construction product information within the manufacturing industry.

Ad hoc announcement pursuant to Art. 53 LR

▪ Sika acquires MBCC business generating CHF 2.1 billion net sales in 2022
▪ Annual synergies expected in the range of CHF 160 – 180 million by 2026
▪ Integration process well prepared and to start as of today
▪ The combined innovation power of Sika and MBCC will accelerate the sustainable transformation of the whole construction industry
▪ Sika set to reach sales in excess of CHF 12 billion in 2023

Adding experience and key sector skills as the Institute of Roofing (IoR) continues to develop its offering for members.

With more than 38 years of experience in roofing, Mark Dunn is Head of Training – Roofing, at Sika. Since joining the IoR in 2005, he also served as a regional officer for two years.

Mark’s career progression involved coming ‘off the tools’ and working his way up to higher management positions within roofing. Previous to his role at Sika, Mark worked as Head of Training for a waterproofing company for six years and is also a Fellow member of the IoR.

Speaking of his new responsibility as an IoR board member, Mark said: “I have been involved in the institute for 18 years, and it has served me well. This is a great opportunity to give something back and help steer the IoR, ensuring it keeps benefitting our members.

“The IoR is continuing to grow, and with Kay Rose (FIoR) at the reigns as CEO, we have seen some real positive change of late. I am looking forward to being involved in some of these decision-making processes that will ultimately offer even more positive transformation for our sector.”

Mark will also be responsible for delivering the IoR’s Associate Course – a course designed for anyone considering a professional career in roofing, particularly with an eye to moving into a supervisory or management role.

The training, which has recently been updated and refreshed by the IoR with support and input from Mark, includes a more interactive, presentation-led learning style. It provides essential skills and knowledge to enable candidates to progress in the roofing industry. The first cohort for the Associate Course this year will undertake training at FixFast in Kent, in March 2023.

Continued Mark: “I get a real buzz out of delivering training and I am thrilled to be heading-up the Associate Course. Seeing that knowledge develop within people who are new to the industry is real job satisfaction for me.

“It is really never too late to upskill, and I think continual learning is so important for everyone, no matter what level you are working at. The Associate Course covers such a vast number of subjects within our industry, and I am really looking forward to assisting the newest cohorts this year with their development.”

Kay Rose (FIoR), CEO of the IoR, added: “We are absolutely delighted to welcome Mark onto the board. The skills Mark brings to the table are invaluable, and are so in-line with our goals at the IoR to develop and branch-out our experience into different sectors. As a professional body, having someone with such experience in roofing education is vital, and we look forward to working more closely with Mark as we continue to develop the IoR’s offering to members.”

We would like to congratulate Mark on his extended responsibilities for the Roofing industry.

Multi-storey car parks almost always feel colder than the temperature dial in your car would suggest. A welcome hiding place in summer, but less so in winter! Still, repair and refurbishment of these concrete structures often continues apace through the winter and understanding the limitations of the materials we apply to them, when it comes to temperature is critical if we are to achieve the aims of structural refurbishment and maintenance.

We are pleased to share that Sika will be exhibiting at the Schools and Academies show at the NEC in Birmingham, on the 17th of November.

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

The motto of Sika Capital Markets Day 2022, which takes place in Zurich today, is “Our Path to Net Zero”. Sika’s management team outlines the strategy that allows the company to maintain a high level of growth while achieving its net zero targets by 2050. In a presentation delivered to a 200-plus audience, CEO Thomas Hasler confirms the strategic attractiveness of the MBCC acquisition, and revises growth expectations upward for 2022.

The calculation of scope 3 carbon emissions is an evolving topic based on various data sources. Sika is continuously reviewing the calculation methodology to ensure transparency and data robustness. This process helps Sika better understand how it can lower its scope 3 emissions and engage within the organization. Moreover, the identification of material scope 3 categories provides detailed information to drive scope 3 reduction initiatives.

Building on the introduction of the Sika Pro-Tecta range of coating systems – a complete solution for metal roof refurbishment launched back in 2020 – Sika has continued to innovate and improve the offering with the addition of a 20-year complete waterproofing system, which offers greater durability with lower overall application rates.