Sales growth of 3.4% in local currencies for 2020 – strong Q4 increase of 5.5%
Sales increase of 3.4% in local currencies – 2020 sales at CHF 7.88 billion (–2.9% in CHF)
Strong growth of 5.5% in the fourth quarter (organic: 4.1%)
Completion of acquisition of Adeplast (Romania), takeover of Modern Waterproofing Group (Egypt), expansion of partnership with CiDRA Concrete Systems (United States)
Establishment of new factories in Colombia and China, alongside factory expansions in the United Arab Emirates, France, and Switzerland
For 2020, Sika is anticipating an over-proportional increase in EBIT and an EBIT margin of around 14%
Confirmation of 2023 strategic targets for sustainable, profitable growth
2020 was a year characterized by the deep-rooted challenges caused all around the world by COVID-19. Lockdowns – in many cases prolonged – in most of the hundred countries in which Sika is active resulted in significant restrictions on construction activity. Thanks to it