Sika secures increased global market share.
Baar - Sika increased global sales in local currencies across the first half of 2025. At the same time, the specialty chemicals group secured additional market shares in all regions. Operating profit was hampered by the weak US dollar.
In the first six months of 2025, Sika generated global sales of 5.68 billion Swiss francs. Compared with the prior year, this corresponds to growth of +1.6 percent in local currencies, as the group for specialty chemicals for construction and industrial applications writes in a press release. Organic growth is cited at 0.6 percent, with the remaining 1.0 percent growth secured via a series of acquisitions. In Swiss francs, sales were actually -2.7 percent down on the same period of the previous year, mainly due to the weaker US dollar.
Operating profit at the level of EBITDA was also adversely impacted by exchange rate effects. At 1.07 billion Swiss francs, this came in 2.1 percent below the prior year value. Conversely, the EBITDA margin improved from 18.7 to 18.9 percent.
“In a challenging market environment, we once again outpaced the industry trend and continued to gain market share”, comments Sika CEO Thomas Halser in the press release. From his perspective, the Group is well positioned in the project and infrastructure sector in particular. “With more than 1,000 data centers built using our technologies to date and a strong project pipeline, Sika has established itself as a preferred partner to technology leaders”, he concludes.
During the reporting period, Sika completed a total of four business acquisitions and opened seven new plants. The targeted investments are intended to strengthen the future growth of the Group. Sika writes in the press release that the minority stake acquired in Giatec Scientific in June was a strategically important step. The company, which is based in Ottawa in the Canadian province of Ontario, specializes in the area of digital concrete technologies. ce/hs
Source: swisstrade
https://swisstrade.com/news