SIKA IS GENERATING GROWTH IN Q1 DESPITE UNPREDICTABLE MARKETS AND CONTINUES INVESTING WORLDWIDE

Core Viewpoint - Sika has demonstrated growth in Q1 2025 despite unpredictable global markets and geopolitical tensions, leveraging its local supply chain and production capabilities to maintain a competitive edge [2][4]. Financial Performance - In Q1 2025, Sika achieved record sales of CHF 2,678.3 million, reflecting a 1.1% increase compared to CHF 2,648.0 million in the previous year [3][16]. - The company reported organic growth of 0.9% during the first three months of the year, with an acquisition effect contributing an additional 1.0% [7][16]. Regional Performance - In the EMEA region, sales increased by 0.7% in local currencies, with significant growth in the Middle East and Africa, despite challenging conditions in European construction markets [6][16]. - The Americas region saw a 4.9% increase in sales in local currencies, supported by state-backed infrastructure projects and a strong local production model [9][16]. - Sales in Asia/Pacific remained stable, with strong growth in Southeast Asia and the automotive sector, although China experienced a downturn [11][12][16]. Strategic Investments - Sika has made targeted investments in acquiring small and medium-sized enterprises and expanding production facilities across all regions to support future growth [5][10]. - Recent acquisitions include Cromar Building Products in the UK and HPS North America, enhancing Sika's market presence and cross-selling potential [7][10][12]. Outlook - For the fiscal year 2025, Sika anticipates sales growth in local currencies of 3-6% and an increase in EBITDA margin between 19.5%-19.8% [13][14]. - The company reaffirms its strategic mid-term targets for sustainable and profitable growth by 2028 [14].