The Sika Group at a glance

Sika is a global company with a total of around 80 production and marketing companies in over 60 countries. Sika is active in the field of specialty chemicals dividing its activities into two business areas; the Construction Division and the Industry Division. While on the technical side these two business areas are closely linked, on the commercial side they reduce the vulnerability to economic cycles because they depend on different markets. The technological affinities permit economies of scale in the areas of R&D, purchasing and production.

Sika is a company with a strong innovative tradition, constantly striving for new levels of excellence. This means developing innovative technologies that will open up new opportunities for the company, its employees, and its partners in trade and industry.

Sika is an independent Swiss group founded in Zurich in 1910. Its shares are listed on the SWX Swiss Exchange since 1968.

in CHF m		2002				% of net sales		2003				% of net sales

Sika Group
Net sales consolidated		2 122				2 268
EBITDA (Operating profit before depreciation)		264		12.4		268		11.8
Depreciation and amortisation		111.5		5.3		96		4.2
EBIT (Operating profit)		153		7.2		172		7.6
Consolidated net profit after taxes		79		3.7		94		4.2
Consolidated earnings per share in CHF		31.6				37.2
(excluding minority interests)
Cash flow		194		9.1		203		9.0
Net capital expenditures for Property, Plant		83		3.9		82		3.6
and Equipment
Operating Free Cash Flow		113		5.1		87		3.9
Balance sheet total		1 734				1 726
Net equity of the Group after minority interests		794				848
Debt/Equity ratio in %		45.8				49.1
Number of employees		8 508				8 638
Net sales per employee in 1000 CHF		249				263
Turnover in 1000 tons		950				1 124

Net sales 2003 by division
		in CHF m		in %
Construction		1 694		75 %
Industry		574		25 %
Total		2 268		100 %

Net sales 2003 by region
		in CHF m		in %
Europe/Africa		1 582		70 %
North America and Latin America		448		20 %
Asia/Pacific		238		10 %
Total		2 268		100 %

Employees 2003 by region
				in %
Europe/Africa				60 %
North America				11 %
Latin America				12 %
Asia/Pacific				17 %
Total number of employees				8 638