Sika Ag · SIX:SIKA
Sika — Q1 2025 Earnings Presentation
19 slides from Sika's earnings presentation, July 2025
Slide 1: Sika generates growth in Q1 despite unpredictable markets and continues investing worldwide
SIKA GENERATES GROWTH IN Q1 DESPITE UNPREDICTABLE MARKETS AND CONTINUES INVESTING WORLDWIDE SIKA COMPANY PRESENTATION JULY 2025
Slide 2: Highlights in the first months of 2025
HIGHLIGHTS IN THE FIRST MONTHS OF 2025
Slide 3: Sika is generating growth in Q1 and investing worldwide
SIKA IS GENERATING GROWTH IN Q1 AND INVESTING WORLDWIDE ORGANIC GROWTH OF 0.9% – ACQUISITION EFFECT OF 1.0% ▪ Growth in local currencies of +1.9% (growth in CHF: +1.1%) ▪ Q1 sales of CHF 2,678.3 million (previous year: CHF 2,648.0 million) ▪ Organic growth of 0.9% ▪ Acquisition effect of 1.0% ▪ Targ
Slide 4: Organic growth of 0.9% – acquisition effect of 1.0%
SIKA IS GENERATING GROWTH IN Q1 AND INVESTING WORLDWIDE ORGANIC GROWTH OF 0.9% – ACQUISITION EFFECT OF 1.0% +4.9 % +0.7 % +0.0 % +1.9 % 0.93 1.20 0.54 2.68 AMERICAS EMEA Asia/Pacific GROUP Q1 2024 Q1 2025 (in CHF billion, growth in LC) 4
Slide 5: Targeted investments in future growth
TARGETED INVESTMENTS IN FUTURE GROWTH KEY INVESTMENTS IN 2025 New plants in Singapore, China, Investment and Joint Venture in Canada and Acquisitions in Singapore, United Kingdom, Ecuador, Kazakhstan, Brazil and Switzerland (June 2025) North America and Katar Marocco ▪ Sika and Sulzer (June 2025): J
Slide 6: Consistent strategy execution
CONSISTENT STRATEGY EXECUTION
Slide 7: Highlights 2024
HIGHLIGHTS 2024 CONTINUATION OF STRONG GROWTH/PROFITABILITY INCREASE OF LAST YEARS 7
Slide 8: Strategy 2028 first year of successful execution
STRATEGY 2028 FIRST YEAR OF SUCCESSFUL EXECUTION 8
Slide 9: Sika constantly gaining market share over the years, outgrowing its peers
SIKA CONSTANTLY GAINING MARKET SHARE OVER THE YEARS OUTGROWING ITS PEERS Sika vs Peers, Organic Growth pre-Covid 2015 – 2019 Sika vs Peers, Organic Growth 2021 – 2024 15.1% 12.7% 13.1% 13.2% Average Organic Growth Average Organic Growth difference per year 2.2% difference per year 2.2% 6.3% 6.8% 4.0
Slide 10: Target markets – focus on attractive markets
TARGET MARKETS – FOCUS ON ATTRACTIVE MARKETS SOLUTIONS, LIFE-CYCLE MANAGEMENT, ONE STRONG BRAND Concrete Waterproofing Roofing Building Finishing ~ 15% of total sales ~10% of total sales ~15% of total sales ~20% of total sales Flooring & Coating Sealing & Bonding Engineered Refurbishment Industry ~1
Slide 11: Balanced business mix
BALANCED BUSINESS MIX STRONG CROSS-SELLING INTO VERTICAL MARKETS RESIDENTIAL 20% INFRASTRUCTURE 30% COMMERCIAL 35% AUTOMOTIVE & INDUSTRY 15% 11
Slide 12: Sika's exceptional acquisition history
SIKA’S EXCEPTIONAL ACQUISITION HISTORY M&A FUNNEL FROM 2020 TO 2024 # of companies in M&A funnel 16 acquisitions completed of which 15 ~60 bolt-on acquisitions with CHF 50 million sales on average* * excluding large acquisition (MBCC) 12
Slide 13: Successful integration of MBCC
SUCCESSFUL INTEGRATION OF MBCC SYNERGY GENERATION WITH EXCEPTIONAL PROGRESS Additional MBCC in EMEA ~2,500 PEOPLE 38 PLANTS MBCC Synergies (in CHF mn) Additional MBCC in 180 AMERICAS 140 to ~2,000 PEOPLE Additional MBCC in 125 to 200 23 PLANTS 160 ASIA/PACIFIC 41 ~1,600 PEOPLE 2023 2024 Dec 2024 202
Slide 14: Global solutions for infrastructure and datacenters
STRONG BUSINESS EXECUTION GLOBAL SOLUTIONS FOR INFRASTRUCTURE AND DATACENTERS Solutions for critical Infrastructure projects Solutions for Datacenters With length of 2.5 km, longest cable-stayed bridge in North Gordie Howe International Bridge, USA and Canada America 16 tunnels and 20 bridges on a 4
Slide 15: Innovation power
STRONG BUSINESS EXECUTION INNOVATION POWER Sika Fibers Self-healing Membrane Concrete Recycling for Reinforced Concrete for Modern Flat Roofs ▪ Higher durability and ▪ A total of 500 million m3 ▪ Membrane automatically seals longer life cycle of of fresh concrete discarded damages when exposed to co
Slide 16: Innovation power
STRONG BUSINESS EXECUTION INNOVATION POWER Conductive Flooring Systems for Cement-free Tile Adhesives Protection of Sensitive Equipment ▪ Sika conductive flooring systems eliminate ▪ Quick and easy to apply, increased efficiency transfer of electrical charge to sensitive on job site and improved hea
Slide 17: Outlook
OUTLOOK ® BUILDING TRUST Bs
Slide 18: Outlook: confirmation of 2028 strategic targets
OUTLOOK CONFIRMATION OF 2028 STRATEGIC TARGETS ▪ Sika confirms the outlook, but points to increased market uncertainties arising from potentially prolonged trade conflicts 2025 expected sales growth in LC ▪ For 2025, Sika expects sales growth in local currencies of 3-6% ▪ Over-proportional increase
Slide 19: Thank you for your attention
THANK YOU FOR YOUR ATTENTION BUILDING TRUST