Sika Half-Year 2022 Performance
RECORD RESULTS IN THE FIRST HALF OF 2022
GROWTH IN LOCAL CURRENCIES OF 19.5% - EBIT GROWTH OF 22.7%
1. Sales and profit
Sales growth of 19.5% in local currencies. Record sales of CHF 5,250.3 million (+18.0% in CHF).
Record operating profit (EBIT) at CHF 841.9 million (+22.7%), including profit from divestment of
European industrial coatings business plus expenses in connection with acquisition of MBCC Group.
EBIT margin at 16.0%
2. Key investments
Two acquisitions: Sable Marco (Canada) and United Gilsonite Laboratories "UGL" (USA)
Four new plants opened: Tanzania, Ivory Coast, Bolivia, and USA
3. Outlook and strategy
Growth 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
4
Closing of MBCC acquisition is targeted for the first half of 2023
BUILDING TRUST
Jika
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