Background and Expectations
Sika AG demonstrated remarkable growth in the first quarter of 2025, despite unpredictable market conditions. The revenue amounted to CHF 2,678.3 million, marking an increase of 1.1% compared to the previous year. Prior to the release of the quarterly figures, revenue of around CHF 2.69 billion was anticipated.
The organic growth was identified as the main driver; however, growth was slightly hindered by a negative currency effect.
Regional Developments
Regionally, Sika recorded the strongest growth on the American continent. Particularly in the USA and Brazil, growth in the mid-single digits was expected. In the EMEA region, the Middle East and Africa are expected to serve as growth engines, while slight growth is anticipated in the Asia-Pacific region.
Strategic Goals
Sika plans a revenue growth of 3 to 6% for the current year and a disproportionately high increase in EBITDA operating profit. According to the “Strategy 2028,” the long-term operating profit margin is to rise to approximately 20 to 23%.
Stock Price Development
Sika’s shares have fallen by about 11% so far this year, which stands out compared to the SMI, which has declined by about 3%. However, the growth in the first quarter could represent a positive signal for investors.