Sika starts the year strongly

18 May 2015

Sika achieved highly dynamic growth in Q1, 2015, thereby making a strong start to the year despite the very high sales growth in the reference period (2014: 23.3%). At constant exchange rates, sales rose by 5.1% to CHF1.195bn. Gains in all regions contributed to this impressive performance, with North and Latin America even posting double-digit growth. In terms of CHF, Q1 sales fell slightly by 0.9%. Negative currency effects stemming from the strength of the CHF amounted to 6.0%. Sales in EMEA grew by 1.1% on the back of double-digit growth rates in Eastern Europe, Africa and the Middle East. By contrast, demand from the Western European markets was at a lower level than in the very strong prior-year period.

The strongest growth was seen in the regions Latin and North America, at 17.0% and 10.7% respectively.

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