During the first 9 months of the fiscal year 2003 the Sika Group recorded net sales of
CHF 1 701 m (previous year CHF 1 613 m). The growth in Swiss francs was 5.5%, of which CHF 33 m was attributable to acquisitions.
CHF 1 701 m (previous year CHF 1 613 m). The growth in Swiss francs was 5.5%, of which CHF 33 m was attributable to acquisitions.
In local currencies net sales of the Sika Group increased by 10.7%, whereas the construction division grew 11.2% and the industry division 9.4%.
Consolidated net profit developed favorably and exceeded results in the prior year by 13.8% to CHF 83.5 m.
Sika expects from the fourth quarter of the current year that the stable growth will continue.
Company Profile Sika AG
Sika AG, based in Baar, Switzerland, is a leading global supplier of specialty chemicals. Sika offers process materials for sealing, bonding, damping, reinforcing and protecting of load-bearing structures in construction (buildings and infrastructure) and in industry (transportation, automotive, marine and appliances & equipment).
Sika's product line includes concrete admixtures, speciality mortars, sealants, adhesives, speciality acoustic and rein-forcing materials, structural strengthening systems, industrial flooring and membranes.
Locally based operations in 64 countries with over 8'500 employees connect customers directly with Sika and guar-antee for the success of all our partners. With this concept Sika achieves annual sales of approximately CHF 2.1 bil-lion.
Visit the Sika website at www.sika.com.
Sika AG, based in Baar, Switzerland, is a leading global supplier of specialty chemicals. Sika offers process materials for sealing, bonding, damping, reinforcing and protecting of load-bearing structures in construction (buildings and infrastructure) and in industry (transportation, automotive, marine and appliances & equipment).
Sika's product line includes concrete admixtures, speciality mortars, sealants, adhesives, speciality acoustic and rein-forcing materials, structural strengthening systems, industrial flooring and membranes.
Locally based operations in 64 countries with over 8'500 employees connect customers directly with Sika and guar-antee for the success of all our partners. With this concept Sika achieves annual sales of approximately CHF 2.1 bil-lion.
Visit the Sika website at www.sika.com.
The press release including tables can be downloaded from the following link:
