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News Sika reports 7.4% year-on-year increase in nine-month profit

Sika reports 7.4% year-on-year increase in nine-month profit

Written by Global Gypsum staff
24 October 2019
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Switzerland: Sika has reported a net profit of Euro514m over the nine-month period ending 30 September 2019, up 7.4% year-on-year from Euro479m, amidst growth in all reg ions. Net sales grew by 12.9% in the period to Euro5.45bn from Euro4.83bn one year previously. Sika CEO Paul Schuler praised the performance, stating: “We are confident that we will exceed our sales target for fiscal 2019 of Euro 7.26bn.”

In October 2019, Sika unveiled its Strategy 2023, a six-part organisational growth model aimed at achieving a minimum of 6% growth annually.

Last modified on 16 December 2019
Published in Global Gypsum News
Tagged under
  • Switzerland
  • Sika
  • Results
  • GGM45

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