Sika AG (SIKA.SW)

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196.00

-7.60

(-3.73%)

At close: April 4 at 5:30:34 PM GMT+2

SIKA EXPANDS PRESENCE IN ECUADOR WITH A NEW PLANT

SIKA EXPANDS PRESENCE IN ECUADOR WITH A NEW PLANT With the opening of the new plant in Quito, Sika further strengthens its presence and proximity to customers in Ecuador. This strategic investment enhances Sika’s ability to tap into Ecuador’s full market potential for its mortar solutions, which will be primarily used for interior walls and tile adhesives. Sika already operates a mortar production facility in southern Ecuador, in the economic area of Guayaquil, the largest city in the country. U

GlobeNewswire 2 days ago

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ANNUAL GENERAL MEETING APPROVES BOARD OF DIRECTORS' PROPOSALS

Ad Hoc Announcement Pursuant to Article 53 of the SIX Exchange Regulation Listing Rules ANNUAL GENERAL MEETING APPROVES BOARD OF DIRECTORS' PROPOSALS All the Board of Directors's proposals were approved by the shareholders at the 57th Annual General Meeting of Sika AG on March 25, 2025. The Annual General Meeting of Sika AG took place on March 25, 2025 in Zurich. The shareholders approved the annual financial statements and the consolidated financial statements for the business year 2024 and vot

GlobeNewswire 11 days ago

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SIKA ACQUIRES BUILDING FINISHING COMPANY IN THE USA

SIKA ACQUIRES BUILDING FINISHING COMPANY IN THE USA Sika has fully acquired HPS North America, Inc., a successful supplier of building finishing materials. HPS distributes Schönox branded products, manufactured by Sika Germany, in the US market. Fully integrating this business into Sika USA will create a strong platform for further expansion in the building finishing segment and lead to significant efficiency gains. HPS has successfully developed the business over the past few years, significant

GlobeNewswire last month

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SIKA SUCCESSFULLY PLACES CHF 500 MILLION BOND

SIKA SUCCESSFULLY PLACES CHF 500 MILLION BOND Sika today successfully placed a bond with a total amount of CHF 500 million through a triple tranche. The payment date of the bonds is March 24, 2025. The bonds were placed under the lead management of BNP Paribas, UBS and Zürcher Kantonalbank. They will be listed on the SIX Swiss Exchange. CHF 150 million bond March 2025 – September 2027 (2.5 years) with a fixed coupon of 0.750% per annum. The bond was issued at 100.001% which reflects a yield of 0

GlobeNewswire last month

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SIKA ACQUIRES ONE OF THE LEADING ROOFING SYSTEM PROVIDERS IN THE UK

SIKA ACQUIRES ONE OF THE LEADING ROOFING SYSTEM PROVIDERS IN THE UK Sika has acquired Cromar Building Products, a well-established supplier of roofing systems in the UK, mainly serving its customers through the distribution channel. The acquisition opens up significant cross-selling potential and will support Sika’s further expansion in the UK roofing sector. Cromar has established itself as one of the leading providers of flat and pitched roofing products serving the UK with well-known brands.

GlobeNewswire last month

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2025 ANNUAL GENERAL MEETING OF SIKA AG

Ad Hoc Announcement Pursuant to Article 53 of the SIX Exchange Regulation Listing Rules 2025 ANNUAL GENERAL MEETING OF SIKA AG March 25, 2025, confirmed as date for the 57th Annual General MeetingWith the exception of Monika Ribar, all members of the Board of Directors are standing for re-electionThe Board of Directors proposes to elect Kwok Wang Ng as a new member of the Board of DirectorsGross dividend of CHF 3.60 per share proposed (previous year: CHF 3.30)The Board of Directors proposes to s

GlobeNewswire last month

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SIKA WITH RECORD RESULTS – JUMP IN NET PROFIT OF 17.4%

Ad Hoc Announcement Pursuant to Article 53 of the SIX Exchange Regulation Listing Rules SIKA WITH RECORD RESULTS – JUMP IN NET PROFIT OF 17.4% Sika posts net sales of CHF 11,763.1 million (+4.7% in CHF) in 2024Sales growth of 7.4% in local currenciesIncrease in material margin to 54.5% (2023: 53.6%)11.0% growth in operating profit before depreciation and amortization (EBITDA) to CHF 2,269.5 million (previous year: CHF 2,044.7 million)Strong increase in EBITDA margin to 19.3% (2023: 18.2%)17.4% j

GlobeNewswire last month

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SIKA ACQUIRES LEADING GREEN ROOF PROVIDER IN SINGAPORE

SIKA ACQUIRES LEADING GREEN ROOF PROVIDER IN SINGAPORE Sika has acquired Elmich Pte Ltd, a leading supplier of urban greening systems headquartered in Singapore. Elmich’s first-class products are highly regarded by specifiers and its solutions have been used in many iconic buildings in Singapore and Australia. The acquisition complements Sika’s roofing portfolio in the region and strengthens its specification business for commercial and residential projects. Elmich is a trusted supplier of innov

GlobeNewswire last month

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SIKA EXPANDS ITS GLOBAL FOOTPRINT WITH NEW PLANTS IN SINGAPORE AND CHINA

SIKA EXPANDS ITS GLOBAL FOOTPRINT WITH NEW PLANTS IN SINGAPORE AND CHINA Sika has opened two state-of-the-art plants in Singapore and in Xi'an, Northwest China. The newly built plant in Singapore specializes in the production of mortars, while the Xi'an facility manufactures a full range of Sika products, including tile adhesives, cementitious waterproofing, and flooring solutions. With both plants, Sika will be able to respond better to local market demands, while significantly reducing logisti

GlobeNewswire 2 months ago

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SIKA POSTS RECORD SALES OF CHF 11.76 BILLION IN 2024 – GROWTH OF 7.4% IN LOCAL CURRENCIES

Ad Hoc Announcement Pursuant to Article 53 of the SIX Exchange Regulation Listing Rules SIKA POSTS RECORD SALES OF CHF 11.76 BILLION IN 2024 – GROWTH OF 7.4% IN LOCAL CURRENCIES Sika posts record sales of CHF 11.76 billion (+4.7% in CHF) in 2024Sales growth of 7.4% in local currencies (foreign currency impact of -2.7%)Strong acquisition momentum: MBCC integration with higher synergies and local acquisition of Kwik Bond in the USA, Vinaldom in the Dominican Republic, and Chema in PeruOrganic grow

GlobeNewswire 2 months ago

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SIKA CLOSES ACQUISITION OF CHEMA – A HIGH-PERFORMING MORTAR COMPANY IN PERU

SIKA CLOSES ACQUISITION OF CHEMA – A HIGH-PERFORMING MORTAR COMPANY IN PERU Sika has closed the acquisition of Chema, a leading producer of tile setting materials in Peru with operations throughout the whole country. The acquisition strengthens Sika’s position in the fast-growing mortar market and offers significant cross-selling opportunities through increased distribution channel presence and a complementary manufacturing footprint. Founded more than 50 years ago, Chema has a strong presence i

GlobeNewswire 4 months ago

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SIKA SETS NEW RECORDS IN SALES AND PROFIT – ORGANIC GROWTH ACCELERATES FURTHER

Ad Hoc Announcement Pursuant to Article 53 of the SIX Exchange Regulation Listing Rules SIKA SETS NEW RECORDS IN SALES AND PROFIT – ORGANIC GROWTH ACCELERATES FURTHER Sales of CHF 8,914.9 million (+5.5% in CHF) after first nine months Sales growth of 9.1% in local currencies (foreign currency effect of -3.6%)Continued steady improvement in organic growth from 0.2% in Q1 to 1.7% in Q3Expansion of material margin to 54.7% (previous year: 53.1%) Operating profit before depreciation and amortization

GlobeNewswire 5 months ago

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Yahoo Finance UK 5 months ago

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SIKA CAPITAL MARKETS DAY: UNLOCK GROWTH – DURABILITY AND CIRCULARITY IN CONSTRUCTION AND INDUSTRY

SIKA CAPITAL MARKETS DAY: UNLOCK GROWTH – DURABILITY AND CIRCULARITY IN CONSTRUCTION AND INDUSTRY At this year’s Sika Capital Markets Day, which is being held today in Zurich under the motto “Unlock Growth – Durability and Circularity in Construction and Industry“, Sika’s management outlines key initiatives for future growth. In a presentation to investors, analysts, and media representatives, CEO Thomas Hasler highlights how higher requirements for durability and circularity are changing the in

GlobeNewswire 5 months ago

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SIKA SIGNIFICANTLY EXPANDS ITS MORTAR PRODUCTION IN INDONESIA

SIKA SIGNIFICANTLY EXPANDS ITS MORTAR PRODUCTION IN INDONESIA Sika has more than doubled the production capacity at the Bekasi plant, its biggest manufacturing facility in Indonesia. Located near the capital city Jakarta, this site specializes in the production of mortars such as tiles adhesives, grouts, as well as wall and facade systems. With this expansion and its amplified distribution network, Sika is able to meet the rising demand from infrastructure, residential, and commercial projects i

GlobeNewswire 7 months ago

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SIKA ACQUIRES LEADING CONSTRUCTION CHEMICALS COMPANY IN THE DOMINICAN REPUBLIC

SIKA ACQUIRES LEADING CONSTRUCTION CHEMICALS COMPANY IN THE DOMINICAN REPUBLIC Sika has acquired Vinaldom, S.A.S in the Dominican Republic. For decades, Vinaldom has been successfully serving the local market with high-quality products for concrete construction. The acquisition strengthens Sika’s position in the fast-growing Dominican market and offers significant cross-selling opportunities throughout the Caribbean region. Vinaldom is a family-owned, well-established business serving a strong,

GlobeNewswire 7 months ago

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FURTHER EXPANSION OF MARKET SHARE - SIKA POSTS RECORD RESULTS IN FIRST HALF OF THE YEAR

Ad Hoc Announcement Pursuant to Article 53 of the SIX Exchange Regulation Listing Rules FURTHER EXPANSION OF MARKET SHARE - SIKA POSTS RECORD RESULTS IN FIRST HALF OF THE YEAR Sales of CHF 5,834.8 million (+9.2% in CHF) in first half of the yearSales increase by 12.8% in local currencies, negative foreign currency impact of -3.6%Material margin expands to 55.1% (first half of 2023: 52.7%)EBITDA margin jumps to 18.7% (first half of 2023: 16.5%)Operating profit before depreciation and amortization

GlobeNewswire 8 months ago

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SIKA OPENED NEW STATE-OF-THE-ART PLANT IN NORTHEAST CHINA

SIKA OPENED NEW STATE-OF-THE-ART PLANT IN NORTHEAST CHINA Sika opened a new plant in Liaoning, the largest province in northeastern China. This site will manufacture a full range of products, including mortars, tile adhesives, and waterproofing solutions. This highly efficient new plant enables Sika to meet the market demands, whilst significantly reducing logistical distances. The Liaoning plant will cater to Sika customers in three provinces in northeastern China, with a population of more tha

GlobeNewswire 9 months ago

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Performance Overview

Return	SIKA.SW	MSCI WORLD (^990100-USD-STRD)
YTD	-8.45%	-10.56%
1-Year	-25.16%	-2.44%
3-Year	-33.60%	0.00%

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Sika AG (SIKA.SW)

SIKA EXPANDS PRESENCE IN ECUADOR WITH A NEW PLANT

ANNUAL GENERAL MEETING APPROVES BOARD OF DIRECTORS' PROPOSALS

SIKA ACQUIRES BUILDING FINISHING COMPANY IN THE USA

SIKA SUCCESSFULLY PLACES CHF 500 MILLION BOND

SIKA ACQUIRES ONE OF THE LEADING ROOFING SYSTEM PROVIDERS IN THE UK

2025 ANNUAL GENERAL MEETING OF SIKA AG

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SIKA WITH RECORD RESULTS – JUMP IN NET PROFIT OF 17.4%

Stocks to watch this week: Alibaba, Walmart, HSBC, Rio Tinto and Lloyds

SIKA ACQUIRES LEADING GREEN ROOF PROVIDER IN SINGAPORE

SIKA EXPANDS ITS GLOBAL FOOTPRINT WITH NEW PLANTS IN SINGAPORE AND CHINA

SIKA POSTS RECORD SALES OF CHF 11.76 BILLION IN 2024 – GROWTH OF 7.4% IN LOCAL CURRENCIES

SIKA CLOSES ACQUISITION OF CHEMA – A HIGH-PERFORMING MORTAR COMPANY IN PERU

SIKA SETS NEW RECORDS IN SALES AND PROFIT – ORGANIC GROWTH ACCELERATES FURTHER

Stocks to watch: Tesla, Lloyds, L'Oréal, Coca-Cola and Unilever

SIKA CAPITAL MARKETS DAY: UNLOCK GROWTH – DURABILITY AND CIRCULARITY IN CONSTRUCTION AND INDUSTRY

SIKA SIGNIFICANTLY EXPANDS ITS MORTAR PRODUCTION IN INDONESIA

SIKA ACQUIRES LEADING CONSTRUCTION CHEMICALS COMPANY IN THE DOMINICAN REPUBLIC

FURTHER EXPANSION OF MARKET SHARE - SIKA POSTS RECORD RESULTS IN FIRST HALF OF THE YEAR

SIKA OPENED NEW STATE-OF-THE-ART PLANT IN NORTHEAST CHINA

Performance Overview