Sika is generating growth in Q1 despite unpredictable markets and continues investing worldwide
15/04/2025
Ad hoc announcement pursuant to Art. 53 LR
▪ Growth in local currencies of +1.9% (growth in CHF: +1.1%)
▪ Q1 sales of CHF 2,678.3 million (previous year: CHF 2,648.0 million)
▪ Organic growth of 0.9%
▪ Acquisition effect of 1.0%
Targeted investment in future growth:
▪ Acquisition of Elmich (Singapore), Cromar (UK), and HPS (USA)
▪ Opening of new factories in Singapore, Xi’an (China), Quito (Ecuador), and Ust-Kamenogorsk (Kazakhstan)
Outlook for fiscal 2025:
▪ Sika confirms the outlook, but points to increased market uncertainties arising from potentially prolonged trade conflicts
▪ Expected sales increase in local currencies of 3-6%
▪ Over-proportional increase in EBITDA and EBITDA margin of between 19.5%-19.8%
▪ Confirmation of 2028 strategic mid-term targets for sustainable, profitable growth
AD HOC