Sika reported a new sales record of CHF 4.4 billion (approximately $4.9 billion).
Sika recently announced that it posted record results in the first half of 2021, despite the COVID-19 pandemic continuing to seriously impact business in all regions. The company reports that it generated strong growth rates and continued its growth trajectory, with a new sales record of CHF 4.4 billion (approximately $4.9 billion). This represents an increase of 23.5% in local currencies. Sales growth in Swiss francs amounted to 23.1%, which includes a slightly negative currency effect of 0.4%. The acquisition effect was 1.1%.
“In a market environment that remained challenging, we once again performed successfully, achieving strong business results in the first six months of 2021,” said Thomas Hasler, CEO. “With our innovative strength, our customer focus, and our leading market position, we secured strong growth in all regions and expanded our market share in a targeted manner. COVID-19 will continue to pose a challenge. We are well equipped and have proven a high level of resilience against a difficult economic backdrop, creating new growth platforms. Sika has a strong corporate culture and our local teams working with our regional and corporate organizations are ready for the challenges that the second half of the year may bring.”