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