15.04.2025

Sika AG Achieves Growth Despite Unforeseeable Conditions – A Signal for Investors

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.