Strong EBITDA Margin Growth
The EBITDA margin expanded by 20 basis points to 18.9%, showcasing strong operational efficiency and synergy realization from the MBCC acquisition.
Resilience in Challenging Markets
Sika achieved 0.6% local currency growth in a declining market, maintaining a high material margin of 55.1%.
Successful Synergy Realization
MBCC synergy targets have been raised by CHF 20 million for the ongoing year, with total expected synergies for the full year now between CHF 160 million to CHF 180 million.
Strategic Acquisitions
Closed 4 bolt-on acquisitions in roofing, building finishing, and expansion in Qatar, indicating strong consolidation efforts in a fragmented industry.
Growth in Key Regions
Strong growth in regions like the Middle East, Africa, and Latin America, with significant double-digit growth in these areas.