More news
- Asian paint regulatory round up – Indonesian exterior paint still uses lead, warns W...
- Nigeria’s paint industry navigates regulatory changes and economic challenges amid p...
- Focus on the global coatings market: Global coatings market outlook
- Ask Joe Powder – October 2024
- Chinese paint majors look to domestic consumer sales as commercial real estate slumps
Bolstered by a late winter, Sika AG’s sales picked up momentum in Q4, 2013. Total sales grew 9.4% in local currencies in the 2013 financial year. Adjusted for exchange rates, sales were 6.5% higher at CHF 5.14bn. This positive development is largely due to organic growth (5.9% of the overall sales increase). The rapid integration of acquisitions also helped to drive growth momentum (3.5%).
The EMEA region reported 8.5% growth for 2013, driven primarily by organic growth in Eastern Europe, Africa, the Middle East and the UK, as well as by acquisitions.