back to top
My wish lists
Save your wish list
If you want to add more content to your wish list, simply log in. If you do not have a user account, please register for the Hanser Customer Center.

» Do you already have a user account? Please log in here.
» Don't have a user account yet? Please register here.
Your wish lists
If you want to use your wish list during your next visit, simply log in. If you do not have a user account, please register for the Hanser Customer Center.
» Do you already have a user account? Please log in here.
» Don't have a user account yet? Please register here.

« Back

Your advantages at a glance

  • One login for all Hanser portals
  • Individual home page for faster access to preferred content
  • Exclusive access to selected content
  • Personal wish lists on all portals
  • Central management of your personal information and newsletter subscriptions

Register now
Deutsch
Bookmark Bookmarked
10-30-2009

Sika: Gaining Market Share

In the first nine months of the business year Sika expanded its market share and reduced operating costs. In addition the company benefited from lower raw material prices in comparison with those of the previous year period. The decline in sales in local currencies slowed to 5.2% (half-year -6.3%). Sales decreased by 11.6% in Swiss francs to CHF 3 132.6 million. The operating profit of CHF 321.8 million before restructuring costs lay 18% (half-year -40.8%) below that of the previous year.

Sika experienced further growth in local currencies in the Regions IMEA (India, Middle East, Africa, +9.9%) and Latin America (+8.2%). In other Regions sales declined. In Asia/Pacific sales development varied widely from country to country. While Sika achieved double-digit growth rates in emerging countries such as China and Indonesia, sales decreased in OECD nations (Japan, Australia, New Zealand).

Sika benefited during this reporting period from significantly lower raw material prices in comparison with the previous year period. Gross profit in relation to net sales improved by 2.1 percentage points to 55.1%. Operating costs before restructuring declined all in all by 6.3% (adjusted for acquisitions by more than 9%).

In its target markets Sika will continue to exploit existing market opportunities intensively and pursue its cost reduction efforts further. Therefore additional restructuring costs are anticipated in the fourth quarter.

additional links
Newsletter

Would you like to subscribe to our Newsletters on plastics technology and profit from the latest information?

Subscribe here

Subscribe here

Job Advertisements

Looking for a new challenge? Check out our jobs market!

Job Advertisements

Patents Stimulate Innovation

Patents encourage innovation: Stay on the ball with the latest innovations in the plastics industry in our patents section.

Patents