Sika AG_A record profit is expected for business year 2016_Record sales with growth in all regions_by chemwinfo

2016 saw sales climb by 5.6% in local currencies
to the equivalent of CHF 5.75 billion.

Investments in new factories and national subsidiaries,
as well as market launches of new products,
contributed to the broad-based organic growth of 4.7%.

A record profit is expected for business year 2016.

Total sales for 2016 rose by 5.6%
to the equivalent of CHF 5.75 billion.
Due to the strong figures from the previous year
and shifts in demand, growth in the markets
during the fourth quarter of 2016
fell just short of the expectations.


All regions managed to lift turnover
and gain further market share.

Strong above-average growth rates

were recorded in

the USA, Mexico, the UK, Africa, 

Southeast Asia and Australia,

as well as in the automotive business area.

Jan Jenisch,

CEO

“We continued to successfully implement

 our growth strategy and achieved an increase

 in sales of over 5% in the business year 2016.

 We also expect record figures

 for operating profit and net profit.

 With investments in

 * nine new factories,

 * four new national subsidiaries

 * and four acquisitions,

 we have established the basis for future growth.

 These

 * 17 investments, together with

 * our pipeline of new products and

 * our strong sales organization,

 allow us to look with much confidence to the future.

 Our thanks go to our global management team

 and our more than 17,000 employees

 whose expertise and dedication

 – in the face of sometimes challenging conditions

    in some markets –

  have again generated record sales.