Sika first half profit edges down, expects stronger full-year sales

28. Jul 2026

(AWP Alliance News) - Sika AG on Tuesday posted weaker financial results for the first half of 2026, but raised its full-year revenue outlook after securing market share gains.

The Baar, Switzerland-based specialty chemicals company said net profit edged down 0.4% to CHF552.1 million in the six months ended June 30, approximately USD674.4 million, from CHF554.4 million in the same period a year earlier.

Diluted earnings per share fell 0.6% to CHF3.43 from CHF3.45.

Net sales declined 1.5% to CHF5.59 billion from CHF5.68 billion, with material expenses down 2.9% at CHF2.47 billion from CHF2.55 billion.

Personnel expenses were 3.0% lower at CHF1.07 billion, while other operating expenses grew 2.7% to CHF985.3 million.

Chief Executive Officer Thomas Hasler said: "Our investments in industry-leading innovation, efficient global manufacturing and sourcing, and our digital transformation allowed us to continue to gain market share throughout the first half of the year."

Sales growth in local currency in the Europe, Middle East, Africa region stood at 7.7% in the first half and increased 2.9% in the Americas.

Meanwhile, sales declined 2.0% in the Asia Pacific region, which the company attributed to China's construction industry and continued weakness in residential construction.

CEO Hasler said: "We will accelerate innovation, channel investments, digitalization, and strengthen our customer focus while delivering CHF80 million in cost savings this year."

Citing market share gains, Sika decided to lift its full-year guidance for revenue growth in local currencies to a 3-6% range from from 1-4% previously.

However, Sika expects to report an earnings before interest, tax, depreciation and amortisation margin of 19.0% to 19.5% for the the full-year, down from prior guidance of 19.5% to 20%.

Shares in Sika closed 3.5% higher at CHF161.25 each in Zurich on Monday.

By Elijah Dale, Alliance News senior reporter Asia-Pacific

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