On October 24th, the official website of Sika Group (SIKA) released its performance report for the first three quarters of 2025. Despite facing market challenges such as a double-digit decline in the Chinese construction industry, the group has demonstrated strong business resilience and announced a series of strategic measures to accelerate growth, enhance profitability, and clarify medium - and long-term development goals.
In the first three quarters of 2025, Sika Group will deliver a stable performance in a complex market environment. Under local currency pricing, the group's sales increased by 1.1% year-on-year; If the impact of China's construction business is excluded, the growth rate of local currency sales can reach 3%. Affected by factors such as the weakening of the US dollar, foreign currencies had a -4.9% impact on performance, with sales denominated in Swiss francs reaching 8.578 billion Swiss francs (approximately 76.77 billion yuan), a year-on-year decrease of 3.8%.
The EBITDA profit margin (before interest, tax, depreciation, and amortization) increased by 0.1 percentage points year-on-year, reaching 19.2%. The growth was mainly driven by a slight decrease in input costs and the continued release of MBCC integration synergies, offsetting the negative impact of about 50 basis points caused by the decline in sales in the Chinese market;
Affected significantly by foreign currency factors, EBITDA for the first three quarters was 1.645 billion Swiss francs, slightly lower than 1.702 billion Swiss francs in the same period last year; The net profit was 871 million Swiss francs, a year-on-year decrease of 5.6%.
Thomas Hasler, CEO of Sika Group, stated, "Despite strong market headwinds, we achieved business growth and expanded market share in the first three quarters of this year, which fully demonstrates the strength and resilience of our global team. We are actively responding to the continuously weak market through structural adjustments. In China, with strong market layout and innovation investment, we will fully seize the long-term opportunities brought by the maturity of the country's construction market, leading development of the electric vehicle industry, and expansion of target markets. The 'Fast Forward' investment and efficiency improvement plan will accelerate digital transformation and create more value for customers. ”
Regional performance: Europe, Africa, the Middle East, and the Americas are steadily growing, while the Asia Pacific market is dragged down by China but has some bright spots in certain areas
From a regional perspective, Sika Group's business in various regions presents a differentiated development trend, with outstanding performance in Europe, Africa, the Middle East (EMEA), and the Americas, continuously expanding market share.