SIKA PRESENTS STRATEGIC “FAST FORWARD” PROGRAM FOR PROFITABLE GROWTH AND DIGITAL LEADERSHIP Investments of CHF 120 to 150 million to drive digital excellence Non-recurring costs of CHF 80 to 100 million in 2025 for structural adjustments in China and efficiency measures in other marketsExpected annual savings of CHF 150 to 200 million with full impact as of 2028Strategy 2028 confirmed. Target of 3-6% sales growth in local currencies excludes market growth element Sika will present “Fast Forward”, its strat ...

Core Insights - Sika has acquired Awazil Al Khaleej Industrial Co. ("Gulf Seal"), enhancing its position in the Saudi and GCC construction markets [1][2] - Gulf Seal is a reputable manufacturer of bituminous waterproofing membranes, established over 20 years ago, and its product range complements Sika's existing offerings [1][3] - The acquisition aligns with Saudi Arabia's Vision 2030 and other major projects, providing Sika with opportunities for growth and cross-selling [4] Company Overview - Sika is a specialty chemicals company with a leading global position in bonding, sealing, damping, reinforcing, and protection systems for construction and industrial manufacturing [3] - The company operates in 102 countries and has over 400 factories, employing more than 34,000 people [3] - Sika generated sales of CHF 11.76 billion in 2024, indicating strong market performance [3] Strategic Implications - The acquisition of Gulf Seal strengthens Sika's ability to capture major construction projects in the region [4] - Gulf Seal's local production capabilities and established market position will enhance Sika's waterproofing portfolio [2][4] - The integration of Gulf Seal allows Sika to leverage its sales organization for expanded customer reach and distribution network [4]

JOINT VENTURE FOR INNOVATIVE PLASTICS RECYCLING PROMOTES CIRCULAR ECONOMY IN THE CONSTRUCTION INDUSTRY Sika and Sulzer have signed a memorandum of understanding to establish a joint venture to advance plastics recycling in the construction industry. The aim is to combine the strengths of both companies: Sika's extensive expertise in polymer applications and high-performance building materials and Sulzer's leading process knowledge in chemical recycling. The joint venture, based in the Zurich area, will be ...