BUILDING TRUST | Sika South Africa

Mould Empower Serve (MES) is a non-profit organisation based in Port Elizabeth. Their daily goal is to assist those in need, which they have successfully done for the past thirty-four years. MES stands by their slogan: “Providing shelter for the homeless, to support and reach out with compassion, love and care by taking people off the street to care for them, provide them with accommodation and to equip them so that they are able to get back into the working environment”. This is no easy task, since the organisation does not receive any government funding, but relies solely on donations.

The Amy Foundation is a non- profit organisation, working to provide underprivileged learners of the Cape Town area with enrichment opportunities. The end goal is for these learners to make positive life choices and become contributing members of society.

▪ In the first nine months: sales growth of 2.6% in local currencies
▪ Strongly negative currency effect of –6.0%
▪ EBITDA margin increased to 18.5%
▪ Over-proportional EBIT growth and increase in operating profit margin (EBIT) to 13.7%
▪ Operating free cash flow remains strong and exceeds prior-year figure
▪ Completion of acquisition of Adeplast (Romania), takeover of Modern
Waterproofing Group (Egypt), and construction of new factories in Barranquilla
(Colombia) and Chengdu (China)
▪ Outlook for 2020: For the fiscal year 2020, Sika is expecting slightly lower sales in
CHF but EBIT broadly in line with last year, implying an over-proportional rise in
EBIT in the second half.
▪ Confirmation of 2023 strategic targets for sustainable, profitable growth

At the Sika Capital Markets Day 2020 held in Zurich today, CEO Paul Schuler will confirm the strategic targets 2023. Under the motto: "Weathering the storm – emerging from the COVID‐ 19 crisis as a stronger company," members of Group Management and Sika experts explain how important trends such as innovation and digitalization, renovation and sustainability are opening up the opportunity for the company to gain further market share during the crisis.

Thárros, the Greek word meaning courage, is the name given to the Child and Youth Care Centre situated in Hankey, Eastern Cape.

Thárros is a temporary haven for babies and children under the age of 12. These children have experienced some form of abuse, trauma, abandonment, and neglect. In this home, where they have been placed as a ward of State, they will assuredly find warmth and care during their 3 to 6 month stay.

Nelson Mandela’s birthday is celebrated internationally on the 18 of July, to commemorate this stalwart and all that he stood for. Organisations, families and communities all adopt the spirit of giving, by making donations in kind, or cash, to those less fortunate. However, COVID-19 and its associated Lockdown, have put a spanner in the works of 2020! Although help is needed now, more than ever, it is almost impossible to get out there and exercise the norms of a traditional Mandela Day.

Sika has acquired Modern Waterproofing Group, a leading manufacturer of roofing and waterproofing systems in Egypt. The acquisition supplements and rounds off the product portfolio of Sika Egypt and offers new opportunities for growth in the Egyptian construction market. The acquired business generates annual sales of CHF 26 million.

Product donation to Nazareth Church

Modular construction and 3D concrete printing are radically changing the building industry, and innovative technologies put Sika at the cutting edge of both trends. Work is increasingly moving away from the construction site and onto the factory floor, highlighting the process of industrialization currently underway in the building trade.