Sika Boosts Sales Outlook Amid Muted Market Conditions
Swiss construction chemicals maker Sika has raised its annual sales-growth outlook after reporting strong first-half results. The company's sales in the six-month period ended June 30 fell 1.5% to CHF 5.59 billion, but still exceeded analysts' expectations of CHF 5.44 billion. In local currencies, Sika's sales advanced 4%, outperforming a muted global construction market.
The company attributed its strong performance to continued market-share gains across its markets and strong demand for data-center solutions. Despite currency headwinds that weighed on several Swiss firms during the first half of 2026, Sika managed to exceed revenue expectations. The strong Swiss franc had a significant impact on companies such as pharmaceutical giant Roche.
Sika's CEO Thomas Hasler stated in a press release, 'Our year started strongly against a muted market and geopolitical uncertainty. Our continued share gains across our markets enable us to raise our revenue growth guidance... We are comfortable with current consensus CHF EBITDA expectations.'