WE ADD VALUE
FOR EVERYONE
OUR YEAR 2021
SUSTAINABILITY
Sika enables circular economy in the construction industry Page 19
SIKA AS ENABLER | CHF 13 BILLION | AFRICA |
reCO2ver® will revolutionize | A continent with | |
IN SALES BY 2023 | ||
the construction industry | Sika and MBCC combined | tremendous potential |
Page 46 | Page 12 | Page 26 |
SIKA.COM/ANNUALREPORT
HIGHLIGHTS 2021
Net sales in local currencies
+17.1%
Net profit
+27.1%
Waste per ton sold
-9.6%
CO2eq2 emissions per ton sold (scope 1 and 2)
-10.1%
Water consumption per ton sold
-9.7%
Acquisitions
7+1
New patents
99
Hours of training per employee
11.1
- Besides the seven acquisitions, Sika has signed a definitive agreement to acquire MBCC Group. The closing of the acquisition is targeted for the second half of 2022.
- CO2eq (Carbon Dioxide equivalent) is the unit of measurement which considers the climate effects and related emissions of all six Greenhouse Gases (GHG).
A brief review of fiscal 2021 and key financial figures can be found in this magazine starting on page 54.
EDITORIAL
Dear reader
Sika has major potential for continued growth and long-term success. This is due to our world-leading position with a market share of 12%, to megatrends that are driving our key markets, and to unprecedented demand for sustainable solutions for meeting the ambitious global climate goals. We will play a crucial role when it comes to overcoming these challenges together with our clients.
Only few large companies generate 70% of their sales with products that have a positive impact on sustainability. Sika has reached this threshold, and wants to raise it to 80%. As an enabler, and with its inno vative products, Sika makes it possible for its customers to reduce their CO2 footprint.
Thanks to our capacity for innovation, our long-standing expertise in acquisitions and integration, and our proximity to custom- ers, we succeed in continually enlarging our markets, gaining new customer segments, opening up new sales channels, and expanding our market share.
The redesigned magazine you see in front of you will give you plenty of insights into this dynamic development. It shows how Sika generates added value for all stakehold- ers. The articles it contains are at the same time excerpts from the professional lives of our 27,000 employees. Our employees are Sika's actual enablers: with their dedica- tion, they make sure we can successfully implement our strategy of sustainable growth - or, if you like, growth-oriented sustainability.
Thomas Hasler
Chief Executive Officer
CONTENT
COURAGEOUS
SIKA STRATEGY
6 | Sustainable and ambitious |
8 | Megatrends as the basis for |
corporate success | |
12 | "We are clearly growing more |
strongly than the market" | |
16 | Acquisitions for future growth |
19 | Sika supports the circular economy |
21 | "For us, sustainability begins |
with longevity" | |
22 | On the path to "net zero" |
6
SIKA STRATEGY
Sustainable and ambitious
34
DYNAMIC MARKET ENVIRONMENT | |
Enormous infrastructure needs | |
PHOTO COVER PAGE | |
Sika is expanding its investments in Africa and | |
expects double-digit growth on the continent over | |
the next few years. | |
2 | OUR YEAR 2021 |
AGILE
DYNAMIC MARKET ENVIRONMENT
26 | Africa is just being built |
28 | At the beginning of growth |
29 | Africa - market with a bright future |
30 | "Where others are giving up, |
Sika is succeeding" | |
31 | Tackling raw material scarcity |
with innovation | |
32 | Growing quality awareness |
33 | Active promotion of women - |
a key management task | |
34 | Enormous infrastructure needs |
36 | Mohammed VI tower - Sika solutions |
in one of Africa's tallest buildings | |
37 | Ashton Arch bridge - Sika products |
help break new ground in South Africa | |
38 | Infrastructure programs accelerate |
Sika's growth | |
40 | Infrastrucutre - the right partner counts |
SIKA AS ENABLER
A new life for old concrete
INNOVATIVE
SIKA AS ENABLER
44 | Pioneer of sustainable innovations |
46 | A new life for old concrete |
49 | "Our findings so far have been |
extremely positive" | |
50 | Environmentally-friendly construction |
is possible | |
THE SIKA SPIRIT
The path to success
64
46
RELEVANT
BUSINESS YEAR 2021
54 | Record results for sales and profit - |
EBIT margin lifted to 15.0% | |
56 | Facts & figures 2021 |
57 | Regional development is on track |
61 | The Sika share |
62 | Group Management |
64 | The Sika Spirit - |
the path to success | |
70 | Key figures at a glance |
71 | Financial calendar |
OUR YEAR 2021 | 3 |
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Sika AG published this content on 18 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 February 2022 05:00:03 UTC.