Switzerland: Sika recorded sales of €6.09bn in the first half of 2025, down by 3% year-on-year. It noted foreign currency impacts, including a weak US Dollar, offsetting ‘modest’ local sales growth across its operations. Organic growth was 1% in Europe, the Middle East and Africa, 1% in the Americas region and 2% in the Asia/Pacific region, with a 1% acquisition effect globally. Group earnings before interest, taxation, depreciation and amortisation (EBITDA) were €1.15bn, down by 2% year-on-year. Sika expects to record full-year sales growth in local currencies in 2025.
During the first half of 2025, Sika acquired Singapore-based green roof supplier Elmich, UK-based for roofing products supplier Cromar Building Products, US-based finishing materials and waterproofing producer HPS North America and Qatar-based concrete admixtures, mortars, flooring and waterproofing producer Gulf Additive Factory. It opened new plants in Brazil, China, Ecuador, Kazakhstan, Morocco and Singapore.