Switzerland: Sika’s 2020 full-year sales were Euro7.29m, up by 3% year-on-year when adjusted for currency variations. Sales grew in the Europe, Middle East and Africa region by 4.4%, in the Americas regions by 1% and in the Asia/Pacific region by 13%. The group recorded market share gains in all regions. During the year it acquired Romania-based Adeplast, US-based CIDRA Concrete Systems and Egypt-based Modern Waterproofing Group. The acquisitions span concrete, mortars and insulation production. The company established new plants in China and Colombia. It upgraded plants in France, Switzerland and the UAE.

Chief executive officer (CEO) Paul Schuler said "The 2020 fiscal year was overshadowed by the global coronavirus pandemic, which had a number of serious repercussions for the construction and automotive sectors. Thanks to the strong motivation of our employees and their pronounced customer focus, Sika managed to perform successfully in this highly challenging market environment and achieve above-average results. We remain very well positioned in what is still a difficult environment – thanks to our innovative products and solutions, as well as to our employees, who continue to deliver their utmost even in times such as these. On behalf of group management, I would like to thank our global workforce of 25,000 people for the tremendous dedication they have shown and for the unique way they identify with our company."

The group confirmed its 2023 targets, saying “The company remains aligned for long-term success and profitable growth. With its focus on the six strategic pillars – market penetration, innovation, operational efficiency, acquisitions, strong corporate values, and sustainability – Sika is seeking to grow by 6 – 8% a year in local currencies up to 2023. From 2021, the company is aiming for a higher earnings before interest and taxation (EBIT) margin of 15 – 18%. Projects in the areas of operations, logistics, procurement, and product formulation should result in an annual improvement in operating costs equivalent to 0.5% of sales.”

Azerbaijan: Gypsum producers produced 20,300t of building gypsum in the first 11 months of 2020, up by 2% year-on-year from the same period in 2019. The total value of building products rose by 25% to US$389m, according to the Trend News Agency.

France: Saint-Gobain recorded fourth-quarter sales of Euro10.2bn in 2020, up by 6% year-on-year on a like-for-like basis. The group noted a ‘strong pricing dynamic’ in the quarter. Its operating margin in the second half of 2020 was over Euro2bn, up by 20% year-on-year on a like-for-like basis. ‘Upbeat momentum’ in most markets buoyed results in the half.

The company said that the record second-half operating margin was achieved in part thanks to “successful portfolio optimisation measures under the ‘Transform & Grow’ programme, reductions in discretionary spending and a very positive price-cost spread. Its full annual results for 2020 will be published in late February 2021.

Spain: Saint-Gobain subsidiary Saint-Gobain Placo supplied and installed its Placo Hermetic watertight gypsum wallboard at the site of a solar-powered house. Interempresas News has reported that Austria-based Sunthalpy Engineering was responsible for the design and build. Following a successful trial, the developer disconnected the house from the electrical grid. It will run on direct and battery-stored solar energy.