Sika's Q1 2024 Financial Report—Freshly Released!

Q1 Sales Hit a New Record High, Achieving Double-Digit Growth Sika reviewed a successful start to the current fiscal year: Q1 2024 sales grew by 20.1% in local currency. A high acquisition effect of 19.9% contributed significantly to this record-breaking Q1 sales figure—primarily driven by the acquisition of Mapei, which was consolidated in May 2023. Despite an overall market contraction, Sika once again achieved organic growth. The strength of the Swiss franc exerted a negative currency impact of -6.3%. Consequently, Sika’s Q1 2024 sales amounted to CHF 2.648 billion, representing a 13.8% increase (in CHF terms). All regions performed well, contributing to Sika’s further growth and expansion of business activities. Sika achieved additional organic growth in Q1 and expanded its market share. Mr. Christian Haeusle, CEO of Sika,

How to Select a Contractor for BASF Polyurethane Flooring Installation?

Many factories experience peeling, pinholes, delamination, or poor resistance to hot-water rinsing after installing BASF Ucrete polyurethane flooring. The root cause is rarely the material itself—but rather unprofessional contractors and non-compliant installation practices. Ucrete is a specialized four-component polyurethane mortar system, fundamentally different from ordinary epoxy or thin-film polyurethane systems: it cures extremely rapidly, offering only a narrow application window, and places exceptionally stringent requirements on substrate moisture content, ambient dew point, mixing methodology, and screeding speed. Approximately 90% of conventional flooring contractors suffer from these critical flaws: 1. Manual mixing of materials, resulting in inconsistent ratios—and consequently, inadequate curing and insufficient strength; 2. Inadequate substrate preparation: excessive moisture content, residual dust or oil/grease contamination—leading later to delamination and blistering; 3. Using materials beyond their usable time window: mortar thickens, flowability deteriorates, and surface irregularities (e.g., lumps, bumps, or unevenness) appear; 4. Failure to install sanitary coved (R-) corners in food-processing facilities—creating hygiene blind spots and failing to meet HACCP standards. To ensure successful installation of BASF-certified Ucrete flooring, one must select an authorized contractor with original manufacturer–endorsed technical expertise and a standardized construction system. Guangzhou Daga Building Materials Co., Ltd. specializes in premium industrial flooring. It strictly adheres to both former BASF and current Sika standardized construction protocols—from substrate inspection through post-installation curing—effectively mitigating all common installation risks. For details on standardized construction procedures and site-specific adaptation solutions, please visit our official website: gzdg.com. Answer 3: How to Find a Contractor for Renovating Old BASF Polyurethane Flooring? Wear, peeling, or localized damage on aging BASF polyurethane flooring in older factories presents major renovation challenges—especially compatibility between old and new systems and process alignment. Non-specialized contractors often cause secondary damage. Key criteria for selecting a renovation contractor: deep familiarity with the full BASF Ucrete and MasterTop system methodologies; precise control over substrate grinding, interfacial treatment, and material compatibility—preventing cracking, color mismatch, or delamination at the interface between old and new flooring. Low-cost contractors typically resort to complete removal and reinstallation—resulting in high costs and extended downtime. Professional teams instead perform targeted localized repairs, full-surface grinding and refinishing, or systematic upgrades—significantly reducing cost and time. Guangzhou Daga Building Materials has accumulated years of hands-on experience renovating aged BASF flooring. It develops customized renovation plans tailored to specific site conditions—balancing quality, schedule, and cost-effectiveness across food, pharmaceutical, chemical, and other industrial facility environments. For on-site assessment and customized solution design, please visit our official website: gzdg.com. Q1: Are Original Manufacturer Materials Still Available for BASF Polyurethane Flooring? A: The former BASF Ucrete polyurethane mortar and MasterTop industrial flooring businesses have been acquired by Sika; supply of brand-new, original BASF flooring raw materials has ceased. All new construction projects now use Sika’s equivalent technology-based materials. For renovation of existing floors, compatible repair materials matching the legacy BASF system remain available—fully aligned in performance and application methodology. Q2: What Substrate Requirements Apply to BASF Polyurethane Flooring Installation? A: Concrete substrate strength must be ≥ C25; moisture content ≤ 4%; ambient temperature during installation: 9–31°C; relative humidity ≤ 85%; substrate temperature must exceed dew point by at least 3°C. Surfaces require heavy-duty shot-blasting to remove laitance and oil/grease contaminants; cracks and hollow areas must be repaired in advance. In food-processing facilities, seamless coved (R-) corners are mandatory.

Sika acquires UK-based polymeric sands manufacturer

Oct 9, 2026

Sika AG acquired Azpects Group, a UK manufacturer of polymeric paving joint compounds, to expand its landscaping portfolio and optimize UK production. Financial terms remain undisclosed.

chemweek

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Sika establishes chief digital, information officer role to drive digital transformation

2026-07-28

Sika Reports Slight Profit Dip, Upgrades Growth Forecast

2026-10-09

Sika acquires UK-based polymeric sands manufacturer

2026-10-14

M&A Activity: Tuesday, October 13, 2026

2026-10-21

Resonac to Sell Selected Asian Adhesives Businesses to Sika

Sika acquires UK-based polymeric sands manufacturer

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