Earnings release
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MEDIA RELEASE BUILDING TRUST JikaⓇ DATE PAGES SIKA AG October 22 , 2021 1/6 Zugerstrasse 50 6341 Baar , Switzerland www.sika.com CONTACT Dominik Slappnig Investor Relations TELEPHONE E - MAIL Corporate Communications & +41 58 436 68 21 slappnig.dominik@ch.sika.com Ad Hoc Announcement Pursuant to Article 53 of the SIX Exchange Regulation Listing Rules SIKA ON TRACK TO SET RECORDS AFTER FIRST NINE MONTHS – STRONG GROWTH IN SALES AND EBIT • Sales up by 18.1 % in local currencies , sales of CHF 6,862.7 million ( + 18.2 % in CHF ) Operating profit ( EBIT ) at CHF 1,054.0 million ( + 32.2 % ) , EBIT margin at 15.4 % 7 acquisitions realized to date : Kreps ( Russia ) , DriTac ( USA ) , BR Massa ( Brazil ) , Hamatite ( Japan ) , American Hydrotech ( USA ) , Bexel ( Mexico ) , and Landun ( China ) • Change in Group Management with Patricia Heidtman as new Chief Innovation and Sustainability Officer • • Outlook for 2021 confirmed O Expected growth in local currencies : 13-17 % 。 Over - proportional increase in EBIT , EBIT margin to reach 15 % for the first time Confirmation of 2023 strategic targets for sustainable , profitable growth Despite the persistently strong impact of the coronavirus pandemic and the associated bottlenecks in the procurement of raw materials , Sika was able to continue on its consistent growth trajectory - closing the first nine months of 2021 with record results . Sales rose sharply to a record figure of CHF 6,862.7 million , corresponding to a growth of 18.1 % in local currencies . The currency effect was 0.1 % . The acquisition effect after nine months was 1.3 % , resulting in an organic growth in the reporting period of 16.8 % . Compared with the same period in 2019 , organic growth was at 10.2 % . Thomas Hasler , Chief Executive Officer : " Sika has great potential for further growth and long- term success due to our position as a global leader with a market share of around 10 percent , megatrends driving our key markets , and an unprecedented need for sustainable solutions to meet the challenging global climate goals . "