Sika (SIKA) Investor presentation summary

Market position and industry dynamics

• Holds a 12% market share, double that of its closest peer, in a fragmented industry with the top 30 players accounting for 50% of the market.

• Focuses on value-added products across concrete, waterproofing, roofing, building finishing, flooring, sealing, refurbishment, and industry segments.

• Maintains a balanced business mix with diversified exposure: 20% residential, 35% commercial, 30% infrastructure, and 15% automotive & industry.

• Sales are split between new build (45%) and refurbishment (55%), and between emerging (41%) and mature markets (59%).

Growth strategy and innovation

• Drives market share gains through multi-channel selling, geographic expansion, innovation, and acquisitions.

• 23-25% of sales come from products less than five years old, delivering higher margins.

• Operates over 100 R&D facilities in 90 locations, supported by 18 global technology centers.

• Filed 892 inventions and 520 initial applications since 2021, focusing on five core technology competencies.

• Examples include self-healing membranes and concrete recycling admixtures, supporting sustainability and lifecycle improvements.

Financial performance and market outperformance

• Achieved average organic growth outperformance of 2.4–2.8% per year versus peers (excluding China Construction).

• EBITDA growth outperformed peers by 6.3–8.8% per year.

• 2025 net sales grew 0.6% in local currencies, with a 1.0% acquisition effect and a -5.4% currency impact.

• Market share gains recorded in all regions, with EMEA and Americas up 2.2% and Asia/Pacific down 5.2% in local currencies.