Latest News

  • Media Release
  • New Plant
  • 2022
  • September

Sika Invests in Myanmar and Brings New Production Capacities on Stream

In addition to concrete admixtures, Sika is now manufacturing mortar products at its facility in Myanmar's largest city, Yangon. The expansion of the existing site facilitated additional production capabilities and operational growth. Around eight million people live in the Yangon metropolitan area, a region that generates a quarter of Myanmar’s gross domestic product.
  • Media Release
  • Acquisition
  • 2022
  • August

Update on MBCC Acquisition – Closing Targeted for H1 2023

The UK Competition and Markets Authority (CMA) has decided to conduct an in-depth examination in the UK market related to Sika’s planned acquisition of MBCC Group. Closing is now targeted for the first half of 2023. The adapted timeline will not impact the strategic attractiveness of the transaction. Guidance for the expected annual synergies remains at CHF 160 – 180 million.
  • Media Release
  • Half-year Report
  • Financial
  • 2022
  • July
  • Ad hoc

Record Figures for Sales and Profit in First Half of 2022 - Sika Confirms Targets for Current Financial Year

Ad hoc announcement pursuant to Art. 53 LR

▪ First-half sales at CHF 5,250.3 million (+18.0% in CHF)
▪ Sales up by 19.5% in local currencies
▪ Operating profit (EBIT) at CHF 841.9 million (+22.7%)
▪ Record EBIT margin of 16.0%
▪ Acquisition of Sable Marco (Canada) and UGL (USA)
▪ New plants opened in Tanzania, Ivory Coast, Bolivia, and USA

Outlook for 2022 fiscal year confirmed
▪ Sales increase in local currencies by well over 10%, surpassing CHF 10 billion for the first time
▪ Over-proportional increase in EBIT expected
▪ Confirmation of 2023 strategic targets for sustainable, profitable growth
▪ Closing of MBCC acquisition is targeted for the end of 2022
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Sika is a specialty chemicals company with a leading position in the development and production of systems and products for bonding, sealing, damping, reinforcing, and protecting in the building sector and motor vehicle industry. Sika has subsidiaries in 101 countries around the world and manufactures in over 300 factories. Its more than 27,000 employees generated annual sales of CHF 9.3 billion in 2021.

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Car park systems for Manufaktura Shopping Center in Poland

Car Park at Manufaktura Shopping Center

Łódź, Poland

Car Park at Manufaktura Shopping Center

Łódź, Poland
2014
To serve the clients who visit Manufaktura commercial center in Łódź, the investor decided to construct an additional 12,000 m² large parking deck in the area. The main requirements of this project were high crack bridging ability even at low temperatures and a fast curing solution due to the unstable weather conditions in the area.
Kjorbo powerhouse building surrounded by nature and animals

Powerhouse Kjørbo - Office Buildings

Sandvika, Norway

Powerhouse Kjørbo - Office Buildings

Sandvika, Norway
2014
Powerhouse Kjorbo is the first renovated office building in the world that produces more energy than it consumes. The demanding requirements of BREEAM-NOR was to select the best products and solutions as driving forces.
In December 2016, Luxury Travel Intelligence selected Helena Bay Lodge as the world’s best new luxury hotel for 2016

Helena Bay Luxury Lodge

Northland, New Zealand

Helena Bay Luxury Lodge

Northland, New Zealand
2018
Helena Bay Lodge is located on one of the most beautiful sections of New Zealand’s Northland coastline. Sika was involved in multiple areas across the property, including swimming pool, facade, bathrooms, steam room, kitchen, foyer, gym, SPA etc.
Sika office building in Zurich

Limmat Technical and Office Center

Zurich, Switzerland

Limmat Technical and Office Center

Zurich, Switzerland
2016
From basement to roof solutions provided for the construction of a new Sika's office.
Construction of San Francisco - Oakland Bay Bridge in the U.S.

The San Francisco–Oakland Bay Bridge

California, USA

The San Francisco–Oakland Bay Bridge

California, USA
2015
The new structure of the bridge is designed to meet current seismic codes. More than 120 tons of Sikadur®-31 SBA were “smeared” to each side of each precast segment prior to final placement and tensioning. Over 200’000 bags of SikaGrout®-300 PT where supplied to fill the ducts containing the post-tensioned cables.
Worker at construction site inside tunnel in Vips Valley in Switzerland

Visp Tunnel (Tuvi)

Visp Valley, Switzerland

Visp Tunnel (Tuvi)

Visp Valley, Switzerland
2018
Concrete admixtures and waterproofing systems were applied for the construction of Visp Tunnel.
The floor of a car parking garage in Linz, Austria

Underground Car Park

Linz, Austria

Underground Car Park

Linz, Austria
2018
The car park serves a new-built office and residential building. Sika supplied the flooring and the floor joint systems for this project.
SikaGrind cement additive added for high quality cement production

Maerker Cement Plant

Harburg, Germany

Maerker Cement Plant

Harburg, Germany
2018
Since several years Märker trusts the quality of SikaGrind®-870, a cement additive which is based on the Sika® ViscoCrete® technology. The integrated cement plant in Harburg and the grinding station in Lauffen produce all cement types which are relevant in the market. The product portfolio covers the complete application spectrum and Märker is able to provide cement in the market of South Germany.
Colorful decorative floor made with Sika ComfortFloor system in Crayola Experience in Florida

Crayola Experience Educational Center

Orlando, USA

Crayola Experience Educational Center

Orlando, USA
2014
The Crayola Experience, which opened this past summer in Orlando, Florida, is a place where children can discover “the magic of color.” There are 25 interactive attractions and children are encouraged to play, explore, and learn. Sika supplied Sika ComfortFloor® PS-23 system in 2015 to this 30,577 square feet project.
Aerial photo of Ulu Jelai hydropower dam in Malaysia

Ulu Jelai Hydropower Dam

Cameron Highlands, Pahang, Malaysia

Ulu Jelai Hydropower Dam

Cameron Highlands, Pahang, Malaysia
2016
The Ulu Jelai hydropower plant is estimated to generate average 374 GWh of electricity per annum. For the construction of the dam, a wide range of Sika concrete admixtures, anchoring, grouting and waterproofing solutions was applied.

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Worldwide Presence
101
Countries
Net Profit
1,048.5
in CHF mn
27,059
Employees
(2021)
in CHF mn
9,252.3
Net Sales (2021)
99
New patents
(2021)