Skip to main content
Sister Publication Links
  • Middle East Foam & Polyurethane
  • UTECH Asia/PU China
  • UTECH Europe
  • UTECH Las Americas
Subscribe
  • My Account
  • Login
  • Subscribe
  • Coronavirus
  • News
    • Asia
    • Americas
    • Europe
    • M & A
    • Financial results
    • Automotive
    • Japan's lacklustre PU production continued in November 2020
      PU prevents freezing damage to railway tunnels
      Huafon estimates 2020 profit will be up to 40% higher than 2019
      Construction starts for Jason Furniture plants in China and Vietnam
    • World automotive registrations recover in H2 2020
      Mlily to increase US market share following anti-dumping duties
      US footwear imports up 25% in November 2020
      Introducing UTECH Southeast Asia 2022
    • EC approves Kingspan's TeraSteel and Wetterbest purchases
      BTC Europe to distribute BASF’s polyurethane ingredients
      World automotive registrations recover in H2 2020
      Bosnian producer to invest in new PU panel factory
    • PPG buys polyurea company Versaflex
      Recticel buys FoamPartner
      Recticel upgrades Q3 outlook despite raw material tightness
      Covestro broadens PU portfolio with DSM purchase
    • Huafon estimates 2020 profit will be up to 40% higher than 2019
      Mlily to increase US market share following anti-dumping duties
      Stellar Q4 performance saves Wanhua 2020 earnings
      2020 proved fruitful for Vitafoam Nigeria
    • World automotive registrations recover in H2 2020
      Car sales down 25% in Western Europe in 2020
      Patchy coronavirus effects hit global car sales in November
      November continues fall in Western Europe's car sales
  • Data
  • Information
    • Country Overview
    • Market Sector overviews
    • Technical articles
    • Company profiles and strategies
    • China’s PU industry on the path to recovery; plans for technology upgrades
      Chinese cold chains grow bigger
      Flexible foam rises to challenges in the Middle East and Africa
      Life at the cross-roads: what does the GCC offer PU?
    • Europe's flexible foam makers face rising prices as outages hit markets
      Western European car registrations rebound slowed in September
      Western European car registrations regained some ground in August
      Western European Car registrations rebound continued in July
    • Take out the VOC with hybrid release agents
      Batteries give pultrusions power
      Seeing a way through VOC and FOG
      Aromatic polyols for simpler rigid PU formulations
    • Hennecke and Frimo: an automotive partnership
      Pushing ahead: AutoRIM drives KM’s UK growth
      BASF opens it first ‘Creation Center’ in Mumbai with a PU twist
      Persistence pays off for CTM
  • Events
    • Exhibitions
    • Conferences
    • Webinars / Livestreams
    • Become a Speaker
  • Advertise
  • Contact Us
  • Issues
  • Subscribe
MENU
Breadcrumb
  1. Home
  2. News
November 11, 2005 12:00 AM

Sika sees 15-percent Q3 sales rise

Utech Staff
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print

    By David Reed, UT EditorBaar, Switzerland-Sika AG, a global supplier of materials for sealing, bonding, damping, reinforcing and protecting of load-bearing structures in construction and industry, reports sales up almost 15 percent in the third quarter of this year, reaching SFr803 million ($615 million). Operating profit (EBITDA, earnings before interest, tax, depreciation and amortisation), rose 5.3 percent, to SFr112 million, according to an 11 Nov. statement from the firm.Many of the firm's products are polyurethane-based, particularly those used in its elastic sealants and adhesives, structural adhesives and acoustic products businesses.Sales growth was particularly strong in Latin America, up 43.5 percent to SFr66 million, and North America, up 21.8 percent to SFr106 million, the firm reported. Sales in the firm's Europe North unit rose 13.4 percent to reach SFr279 million, Europe South, including the Near East and Africa, saw a more modest rise of 9.6 percent, to SwFr262 million, while sales in Asia-Pacific at SFr90 million were just 8.4 percent higher in the third quarter, Sika added.Looking at the situation over the first three quarters saw net sales rise 12.1 percent, to SFr2172.2 million, with EBITDA rising just 2.7 percent, to SFr277.5 million over the same period last year, the Sika results data showed.* Separately, Sika's Board of Directors appointed Dr Urs Mäder as head of research & development and member of group management, succeeding Dr Robert Petrisko, who opted to take a sabbatical for the next two years.Mäder has a doctorate in Chemistry from the University Fribourg, Switzerland, and joined Sika in 1989. Since 2000 he has been product technology director for Sika's construction chemicals and mortars business. Under his guidance, various developments were made, especially in the field of the Sika ViscoCrete technology, which substantially contributed to the success of the Sika Group."

    Recommended for You
    Japan's lacklustre PU production continued in November 2020
    Japan's lacklustre PU production continued in November 2020
    EC approves Kingspan's TeraSteel and Wetterbest purchases
    EC approves Kingspan's TeraSteel and Wetterbest purchases
    PU prevents freezing damage to railway tunnels
    PU prevents freezing damage to railway tunnels
    Latest Issue
    Click HERE for Free Download
    View All Archives
    Get our newsletters

    Breaking news and in-depth coverage of essential topics delivered straight to your inbox.

    Subscribe today

    Register to access our archive of leading information on the polyurethanes industry.

    Subscribe now
    Connect with Us
    • Twitter
    • LinkedIn
    • Facebook
    • Youtube

    Follow us on social media for the latest polyurethanes industry news and event updates.

    Logo
    Contact Us

    Office 127,
    61, Willow Walk,
    London
    SE1 5SF
    E-mail us
    +44 (0) 203 287 5979

    Customer Service:
    +1 313 446 0450

    Resources
    • Advertise with Us
    • Media Kit
    • Staff
    • Careers
    • Ad Choices Ad Choices
    • Sitemap
    Legal
    • Terms and Conditions
    • Privacy Policy
    • Privacy Request
    Copyright © 1996-2021. Crain Communications, Inc. All Rights Reserved.
    • Coronavirus
    • News
      • Asia
      • Americas
      • Europe
      • M & A
      • Financial results
      • Automotive
    • Data
    • Information
      • Country Overview
      • Market Sector overviews
      • Technical articles
      • Company profiles and strategies
    • Events
      • Exhibitions
      • Conferences
      • Webinars / Livestreams
      • Become a Speaker
    • Advertise
    • Contact Us
    • Issues
    • Subscribe