EXPERT CONSTRUCTION SOLUTIONS
BEYOND THE EXPECTED

In every home, office, or building project, walls are more than just structural elements — they are the canvas that holds the entire look and feel of a space together. But ask any contractor, builder, or DIY enthusiast, and they’ll tell you: achieving a perfectly smooth finish is often easier said than done. Cracks, uneven textures, and poor adhesion can turn what should be a proud showcase into a constant frustration.

Ad hoc announcement pursuant to Article 53 of the Listing Rules of the SIX Exchange Regulation

▪ Sales of CHF 5,676.4 million (previous year: CHF 5,834.8 million) in first half of the year
▪ 1.6% sales increase in local currencies, with 0.6% attributable to organic growth and 1.0% to acquisition effect
▪ Weaker US dollar predominantly responsible for high foreign currency impact of -4.3%
▪ Material margin at a consistently high level of 55.1% (previous year: 55.1%)
▪ EBITDA margin increased to 18.9% (previous year: 18.7%), supported by strong synergy momentum; raised MBCC synergy targets for 2025 and 2026 by CHF 20 million

Targeted investments in future growth:
▪ Strategic acquisition of Elmich (Singapore), Cromar (UK), HPS (USA), and
Gulf Additive (Qatar)
▪ Global production capacity expanded with new factories in Singapore, Xi’an and Suzhou (China), Quito (Ecuador), Ust-Kamenogorsk (Kazakhstan), Belo Horizonte (Brazil), and Agadir (Morocco)

Outlook for the 2025 business year:
▪ Amid uncertain market development, Sika will continue to grow above the market and is focusing on margin improvement
▪ Modest sales increase in local currencies expected for the full year
▪ Successful integration of MBCC – increased synergy targets for 2025 and 2026
▪ Over-proportional EBITDA increase and EBITDA margin of between 19.5% and 19.8%

▪ Strategic medium-term targets for sustainable, profitable growth confirmed for 2028

Ad hoc announcement pursuant to Art. 53 LR

▪ Growth in local currencies of +1.9% (growth in CHF: +1.1%)
▪ Q1 sales of CHF 2,678.3 million (previous year: CHF 2,648.0 million)
▪ Organic growth of 0.9%
▪ Acquisition effect of 1.0%

Targeted investment in future growth:
▪ Acquisition of Elmich (Singapore), Cromar (UK), and HPS (USA)
▪ Opening of new factories in Singapore, Xi’an (China), Quito (Ecuador), and Ust-Kamenogorsk (Kazakhstan)

Outlook for fiscal 2025:
▪ Sika confirms the outlook, but points to increased market uncertainties arising from potentially prolonged trade conflicts
▪ Expected sales increase in local currencies of 3-6%
▪ Over-proportional increase in EBITDA and EBITDA margin of between 19.5%-19.8%

▪ Confirmation of 2028 strategic mid-term targets for sustainable, profitable growth