Construction World April 2020

The megatrends in modern automotive construction, which are dominated by electro-mobility and lightweight construction, DUH RSHQLQJ XS QHZ DYHQXHV ZLWK VLJQLͤFDQW ORQJ WHUP JURZWK potential for Sika, thanks to multi-material designs and new adhesive technologies, as well as heat management in modern battery technologies for electric vehicles. 6LND ZDV DEOH WR VXUSDVV WKH VDOHV PDUN RI &+) ELOOLRQ IRU WKH ͤUVW WLPH 7KLV HTXDWHV WR JURZWK RI LQ 6ZLVV IUDQFV DQG LQ ORFDO FXUUHQFLHV 2UJDQLF JURZWK UHDFKHG SUHYLRXV \HDU 7KH PDWHULDO PDUJLQ UHFRUGHG D \HDU RQ \HDU LQFUHDVH IURP WR 2SHUDWLQJ SURͤW (%,7 LPSURYHG E\ WR &+) PLOOLRQ SUHYLRXV \HDU &+) PLOOLRQ 7KH RSHUDWLQJ UHVXOW LQFOXGHV RQH 5HFRUG SUR̨W :LWK VDOHV RI &+) PLOOLRQ LQ

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,W LV DLPLQJ IRU D KLJKHU (%,7 PDUJLQ RI IURP onward. Projects in the areas of operations, logistics, procurement and product formulation should result in an annual improvement in RSHUDWLQJ FRVWV HTXLYDOHQW WR RI VDOHV The prerequisites for further dynamic growth have been put in place with the launch of the new 2023 growth strategy and LQYHVWPHQWV LQ VHYHQ QHZ IDFWRULHV DQG ͤYH DFTXLVLWLRQV 7KDQNV WR these twelve key investments, pronounced innovative strength, and a clear sales focus, Sika is in an outstanding position for the future. )RU WKH ͤQDQFLDO \HDU GXH WR WKH KLJKHU DFTXLVLWLRQ LPSDFW 6LND LV H[SHFWLQJ D VDOHV LQFUHDVH RI PRUH WKDQ LQ ORFDO FXUUHQFLHV DV ZHOO DV DQ RYHU SURSRUWLRQDO LQFUHDVH LQ SURͤWDELOLW\ The unknown impact of the coronavirus on the development of the end markets is an element of uncertainty. ƒ

time costs incurred in connection with the takeover of 3DUH[ ([FOXGLQJ RQH RII DQG DFTXLVLWLRQ HIIHFWV LQ EBIT would have recorded an over-proportional increase. The tax rate was brought down further and amounted WR LQ WKH \HDU XQGHU UHYLHZ SUHYLRXV \HDU ZKLFK PHDQW WKDW QHW SURͤW DOVR VHW D QHZ UHFRUG RI &+) PLOOLRQ HTXLYDOHQW WR D ULVH RI Outlook Strategy 2023, which was unveiled in October, is designed to expand the company’s growth model and align the organization for continued long-term success DQG SURͤWDEOH JURZWK %\ WDUJHWLQJ VL[ VWUDWHJLF SLOODUV ̰ PDUNHW SHQHWUDWLRQ LQQRYDWLRQ RSHUDWLRQDO HͦFLHQF\ acquisitions, strong corporate values, and sustainability

Recently Sika was responsible for the rehabilitation of the M1 Double Decker.

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CONSTRUCTION WORLD APRIL 2020