Sika has subsidiaries in 100 countries around the world and manufactures in over 300 factories. The company carries out its worldwide activities according to regions which determine the segments of the reporting. The regional breakdown is based on unified economic areas and supply chain structures. Overarching leadership responsibility ensures integrated management from production to the customer.? ?

North America and Latin America are summarized under the region Americas.?In 2019, the Americas region continued to focus its business activities on the largest metropolitan areas and generated impressive sales growth of 19.2% (previous year: 121.7%). Growth momentum was particularly pronounced in North America. In Latin America, political tensions in countries such as Mexico, Chile, and Ecuador, are leaving their mark on local construction industries. Brazil, Colombia, and Peru all posted strong growth rates. In Canada, the acquisition of King Packaged Materials in the reporting period brought a market leader in concrete repair systems into the Group.

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Key figures 2019:

Net sales: CHF 2,162 million
EBIT: CHF 353 million
EBIT-margin: 16.3%
Employees: 5,450

Key investments in 2019:

Acquisition of King Packaged Materials ?

The region EMEA covers Europe, Middle East, and Africa.?In 2019, the EMEA region reported a sales increase in local currency of 11.6% in 2019 (previous year: 14.1%), seeing a strong development with double-digit growth rates in Africa and high single-digit growth in Eastern Europe. In Belarus, Sika acquired Belineco, a specialist manufacturer of polyurethane foam systems. In Romania, the company agreed to acquire Adeplast, a leading manufacturer of mortar products and thermal insulation solutions. This deal is expected to close in the first quarter of 2020. Production capacity was expanded in Egypt, Qatar, Serbia, Senegal, Cameroon, and Ethiopia, with new factories opened for concrete admixtures and mortars.

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Key figures 2019:

Net sales: CHF? 3,432 million
EBIT: CHF 473 million
EBIT-margin: 13.8%
Employees: 10,146

Key investments in 2019:

New plants in Egypt, Qatar, Serbia, Senegal, Cameroon, and Ethiopia
Acquisition of Belineco and Adeplast (closing expected in the first quarter 2020)

The region Asia / Pacific incorporates East Asia, Southeast Asia, the Pacific area, and India. In 2019, growth in the Asia/Pacific region amounted to 35.1% (previous year: 5.5%). This figure includes a significant acquisition effect of 30.3%. The highest organic growth rates were recorded in China, India, and the Philippines. In China, Sika acquired Crevo-Hengxin, a manufacturer of silicon-based sealants and adhesives. The newly acquired range of products opens up cross-selling opportunities in the extended distribution channels. Furthermore, a new factory in the Bekasi district on the outskirts of Jakarta commenced operations in Indonesia in the reporting period. Sika now produces concrete admixtures and mortar products for the local construction market in three factories.

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Key figures 2019:

Net sales: CHF 1,585 million
EBIT: CHF 260 million
EBIT-margin: 16.4%
Employees: 6,316

Key investments in 2019:

New plant in Indonesia
Acquisition of Crevo-Hengxin

The segment comprises the globally managed Automotive business plus Advanced Resins (formerly Axson Technologies) and Faist ChemTec, both established suppliers of components and solutions to the automotive sector and other industries. In 2019, The Global Business segment recorded a growth rate of 3.0% (previous year: 29.2%). Sika gained further market share in the Automotive area in 2019, despite the sharp decline in global production figures in this sector. The megatrends in modern automotive construction, which are dominated by electro-mobility and lightweight construction, are opening up new avenues with significant long-term growth potential for Sika, thanks to multi-material designs and new adhesive technologies, as well as heat management in modern battery technologies for electric vehicles.

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Key figures 2019:

Net sales: CHF 930 million
EBIT: CHF 114 million
EBIT-margin: 12.3%
Employees: 2,547

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