Sika - Continued growth momentum with record profit in 2015

In the 2015 business year, the profitable growth strategy continued with a record year and sales of CHF 5,489.2 million.

Results FY 2015
- Sales increased by 6.2% in local currencies to CHF 5,489.2 million
- Growth in all regions
- Nine new factories and three national subsidiaries opened
- Above-average increase in operating profit (EBIT) of 6.3%
- 5.4% increase in net profit to CHF 465.1 million

This equates to an increase of 6.2% in local currencies.

All regions contributed to the broad-based growth, as did investments in new factories and national subsidiaries.

High growth momentum and disciplined cost management led to new record figures of CHF 673.3 million (+6.3%) for EBIT, CHF 465.1 million (+5.4%) for net profit and CHF 451.5 million (+8.1%) for operating free cash flow.

Jan Jenisch, CEO: "We are delighted that our growth strategy continues to be successful despite the challenging market conditions worldwide. Our thanks in this respect go in particular to the 17,281 employees whose expertise and commitment have brought us another record result. Their energy and ideas have taken Sika to the next level of performance.

For the 2016 business year, we are confident we can successfully continue our growth strategy and invest in a further six to eight new factories and three to four new national subsidiaries."

See more at: www.sika.com/en/group/Media/Mediareleases/fortgesetzte-wachstumsdynamik.html#sthash.ER9kX5SO.dpuf

600450 Sika - Continued growth momentum with record profit in 2015 glassonweb.com
Date: 29 February 2016
Source: Sika

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