Sika increases sales in local currencies by more than 10 percent

Sika AG / Sika increases sales in local currencies by more than 10 percent Processed and transmitted by Thomson Reuters. The issuer is solely responsible for the content of this announcement. Sika achieved net sales of CHF 4.4 billion in business year 2010. Sales in local currencies thereby increased by more than 10%. Sika grew in all market Regions. Emerging markets advanced strongly, particularly the Regions Asia/Pacific, with 41.4% growth in local currencies, and Latin America, with 18.0% growth. Sika achieved net sales of CHF 4.4 billion in business year 2010. The company grew organically by 6.1%; acquisitions contributed another 4.1%. Currency translation effects amounted to -3.9%. Regions developed variously in 2010. In the more mature, higher turnover Regions of Europe and North America, markets recovered slowly, while in emerging markets growth was strong during the whole year. Individual Regions achieved the following growth figures in local currencies: Europe North 4.6%, Europe South 1.7%, North America 8.5%, Latin America 18.0%, IMEA (India, Middle East, Africa) 9.5%, Asia/Pacific 41.4%. Particularly developments in the Regions North America and Asia/Pacific are additionally influenced by acquisitions. The growth increases that Sika achieved in emerging markets boosted the proportion of sales of these countries within the Group to 36%. Sales of products for the building and construction industry rose in business year 2010 by 8.7% in local currencies, acquisitions contributed 4.9%. Growth in sales of products for industrial manufacturing was 16.7% in local currencies, while acquisitions brought 0.6%. Sika AG Contact: Dominik Slappnig Zugerstrasse 50 Corporate Communications & Investor Relations CH-6341 Baar, Switzerland Tel.: +41 58 436 68 21 Fax: +41 58 436 68 50 Sika AG Corporate Profile Sika AG, located in Baar, Switzerland, is a globally active specialty chemicals company. Sika supplies the building and construction industry and manufacturing industries (vehicles, appliance and building component manufacturing). Sika is a leader in processing materials used in sealing, bonding, damping, reinforcing and protecting load-bearing structures. Sika's product lines feature high- quality concrete admixtures, specialty mortars, sealants and adhesives, damping and reinforcing materials, structural strengthening systems, industrial flooring as well as roofing and waterproofing systems. Worldwide local presence in 74 countries and some 13,500 employees link customers directly to Sika and guarantee the success of all partners. Sika generates annual sales of CHF 4.4 billion. Visit our website The media release can be downloaded from the following link: --- End of Message --- Sika AG Zugerstrasse 50 Baar WKN: 858573;ISIN: CH0000587979; Media Release: This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Sika AG via Thomson Reuters ONE [HUG#1478558]