Switzerland: Sika is expecting a record profit in 2016 following a 5.6% year-on-year rise in sales to Euro05.4bn in 2016. The construction chemicals producer reported growth in all regions, with above-average growth rates recorded in the USA, Mexico, the UK, Africa, Southeast Asia and Australia.
"With investments in nine new factories, four new national subsidiaries and four acquisitions, we have established the basis for future growth. These 17 investments, together with our pipeline of new products and our strong sales organisation, allow us to look with much confidence to the future," said Sika's chief executive officer Jan Jenisch.
