Sika: targets sales growth of 3-6% in 2025
(CercleFinance.com) - Sika posted net sales of CHF 11,763.
1 million in 2024 (previous year: CHF 11,238.6 million). In local currencies, this corresponds to an increase of 7.4%. Sales growth in Swiss francs amounted to 4.7%.
EBITDA rose by 11.0% to CHF 2,269.5 million (previous year: CHF 2,044.7 million), setting a new record.
The EBITDA margin was 19.3% (previous year: 18.2%). Net profit also reached a new record level at CHF 1,247.6 million, 17.4% up on the previous year (previous year: CHF 1,062.6 million).
Operating free cash flow amounted to CHF 1,402.9 million (previous year: CHF 1,441.5 million), or 11.9% of sales.
Sika expects sales growth in local currencies of between 3% and 6% for fiscal 2025. The company expects a further overproportional increase in EBITDA and an increase in EBITDA margin to 19.5%-19.8%.
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