Tag: Marktregionen

  • Excellent supply chain management enables Belimo to achieve double-digit sales growth

    Excellent supply chain management enables Belimo to achieve double-digit sales growth

    Overall, Belimo increased its net sales in local currencies by 16.6 percent. In Swiss francs, net sales increased by 15.7 percent to CHF 765.3 million. The positive market development ensured increased demand, especially in Europe and America. Sales growth in local currencies was 15.9 percent for the Europe market region and 18.1 percent for America. In the Asia Pacific market region, the increase was 14.4 percent. Air applications net sales grew by 15.5 percent in local currencies and water applications by 17.9 percent.

    capacity expansions
    The strong growth in 2021 accelerates the capacity expansion planned as part of the Belimo growth strategy. The group will expand its capacities in production, logistics and customization over the next few years with higher investments in all market regions. Corresponding projects have already been initiated in 2021:

    • In the market region Europe, Belimo has signed a contract to purchase a plot of land next to the existing building in Hinwil (Switzerland) in order to accommodate expansions in logistics and customizing.
    • In the Americas market region, logistics capacities were expanded at the Danbury site (USA) in order to create space for future growth and to continue to guarantee high delivery reliability.
    • In the Asia Pacific market region, Belimo has purchased its existing location in Shanghai (China) in order to provide additional capacity and space for warehousing, customizing, logistics and offices
  • Sika posts record sales

    Sika posts record sales

    Sika generated record sales of 9.24 billion Swiss francs in the 2021 financial year, the Zug-based group specializing in specialty chemicals in the construction and automotive industries, which is active around the world, reports in a press release. Compared to the previous year, this corresponds to growth of 17.1 percent in local currencies. Organic growth is put at 15.1 percent year-on-year in the announcement. A number of acquisitions made during the reporting period contributed 2.0 percentage points to sales growth.

    "As expected, the challenging year 2021 ended very successfully for Sika", CEO Thomas Hasler is quoted in the announcement. "We benefit from various growth platforms and are excellently positioned to achieve long-term success." Hasler expects government investment programs to further boost sales growth in the future. In addition, the CEO sees an enormous need for sustainable solutions in the construction industry.

    In the year under review, Sika sales in the construction industry grew faster than the market, the press release further explains. Sika shows double-digit growth year-on-year in all regions of the world. The strongest growth in sales, at 21.0 percent, was in the Americas region. In the separately reported business with the automotive industry (Global Business segment), Sika returned to the growth zone in the reporting year after a decline in 2020. Specifically, growth of 4.3 percent was achieved in local currencies.

    The group plans to communicate its detailed annual report for 2021 on February 18. In doing so, Sika expects to be able to report a disproportionately high increase in the operating result at EBIT level and an EBIT margin of 15 percent.

  • Sika raises the bar

    Sika raises the bar

    Sika closed the first quarter of 2021 with record sales of just under 2.0 billion francs, the Zug-based building materials group announced in a press release . In a year-on-year comparison, this corresponds to growth of 10.2 percent. Sika writes that growth of 12.6 percent was achieved in local currencies. The announcement puts organic growth at 11.1 percent.

    All market regions of the globally active group contributed to the positive development. In the EMEA region (Europe, Middle East, Africa), a year-on-year increase in sales of 13.2 percent in local currencies to 914.7 million Swiss francs was achieved. The Americas region grew by 6.2 percent in local currencies. In the Asia / Pacific region, sales in local currencies rose by 25.8 percent to 422.8 million Swiss francs. In business with the automotive industry (Global Business), growth of 2.7 percent in local currencies was achieved after a minus in the previous year.

    "In the new year we were able to seamlessly build on our strong performance from the fourth quarter of the previous year", Paul Schuler, chairman of the group management, is quoted in the announcement. As a consequence of the development, Sika is adjusting its growth targets for the year as a whole upwards. Instead of the 6 to 8 percent originally communicated, the aim is now to achieve double-digit sales growth in local currencies. The margin on the operating result (EBIT) is also to be increased to 15 percent for the first time this year. In the previous year, an EBIT margin of 14.4 percent was achieved.