11 articles
Swiss construction chemicals maker Sika raised its full-year sales growth outlook to 3%-6% following better-than-expected first-half revenue of 5.59 billion francs. Market-share gains helped the compa
Sika aims to grow via China's renovation market and U.S. infrastructure, citing a full pipeline for data centres. The company is adjusting its business model to navigate saturated markets and shifting
Sika AG maintained its 2026 sales guidance despite muted global construction markets and regional headwinds in China and the Middle East. First-quarter sales rose 0.9% in local currencies as the compa
Sika invests in Swiss startup Mesh, enabling robot-supported manufacturing for reinforcement construction after a CHF2.9 million financing round.
Sika plans to integrate Giatec's digital technology portfolio into its offerings, capitalizing on the projected strong growth of the AI in Construction market through 2034.
Sika reported earnings declines attributed to negative currency effects and one-time efficiency program costs. Management expects higher sales and margins in 2026.
Sika reported a 16.2% drop in 2025 net profit due to a weak US dollar and soft construction demand in China and the US. The company forecasts muted global conditions in 2026 while implementing efficie
Sika has agreed to acquire Turkey-based Akkim Sealants & Adhesives, a producer of polyurethane foams and construction chemicals with $286 million in annual sales. The transaction is expected to close
Sika reported a full-year revenue decline driven by a weak US dollar, projecting weak global market conditions to persist through the first half of 2026.
Sika acquires Swedish mortar manufacturer Finja, valued at CHF60M annual sales, with transaction closing in Q1 2026.
Sika announced plans to cut 1,500 jobs and lower margin guidance due to shrinking construction markets, particularly in China, while confirming revenue guidance despite declining nine-month sales.
ChemBrief