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 its strong market position and the swift, targeted implementation of measures, Sika was able to record solid sales figures despite the significant repercussions of the global pandemic. The company’s growth trajectory was extended with a rise in sales of 3.4% in local currencies. The acquisition effect amounted to 7.2% and contributed to the sales increase accordingly. A strongly negative currency effect (–6.3%) caused sales in Swiss francs to decline by 2.9% to CHF 7.88 billion, which includes a negative currency impact of around CHF 500 million. When the fourth quarter is viewed in isolation, Sika achieved a strong growth in local currencies of some 5.5% (organic: 4.1%).