SIKA PRESENTS STRATEGIC “FAST FORWARD” PROGRAM FOR PROFITABLE GROWTH AND DIGITAL LEADERSHIP

Core Insights - Sika is launching the "Fast Forward" program to enhance digital transformation, operational efficiency, and customer value while maintaining market-leading profitability [2][3] - The program includes significant investments in digitalization and efficiency measures, particularly targeting the Chinese market [4][5] Investment and Efficiency Measures - Sika plans to invest CHF 120 to 150 million in digital transformation across its value chain until 2028, expecting annual savings of CHF 150 to 200 million starting in 2028 [5][8] - One-off costs of CHF 80 to 100 million are anticipated in 2025 for structural adjustments in China and efficiency measures in other markets [4][8] Customer Value Enhancement - The company aims to simplify collaboration and enhance customer convenience through data-driven processes and the global rollout of a CRM platform [6] - Investments will also focus on expanding digital labs and high-performance data analytics platforms to drive long-term growth [6] Supply Chain and Operational Efficiency - Sika is optimizing its global supply chain and operations for efficiency and service quality, including implementing scalable digital factory concepts [7] - The company plans to systematically digitalize and harmonize core business processes to boost operational efficiency [7] Focus on China - China is identified as a central growth market, with increasing demand for refurbishment and stricter quality standards benefiting Sika's high-performance solutions [8][9] - The country plays a significant role in global construction and automotive industries, with Chinese manufacturers expected to capture a 33% market share by 2030 [10] Corporate Profile - Sika is a leading specialty chemicals company with a global presence, generating annual sales of CHF 11.76 billion in 2024 and employing over 34,000 people [11]