Sika AG operates in the Adhesives and sealants sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Sika AG with three other
chemical manufacturers in Europe:
Arkema SA
of FRANCE
(2020
sales of 7.88 billion Euros [US$9.49 billion]
of which 32%
was Advanced materials),
Givaudan SA
(6.32 billion Swiss Francs [US$6.91 billion]
of which 54%
was Flavours), and
Lanxess AG
which is
based in GERMANY
(6.10 billion Euros [US$7.35 billion]
of which 33%
was Advanced Intermediates).
Sales Analysis.
Sika AG reported sales of 7.88 billion Swiss Francs (US$8.61 billion)
for the
year ending
December of 2020.
This
represents
a
decrease of 2.9%
versus 2019, when the company's sales were 8.11 billion Swiss Francs.
Contributing to the drop in overall sales was the 16.6% decline
in Global Business, from 930.40 million Swiss Francs to 775.50 million Swiss Francs.
There were also decreases in sales in
Emea (down 0.6% to 3.41 billion Swiss Francs)
and
Americas (down 7.7% to 2.00 billion Swiss Francs)
.
However, these declines were partially offset by the increase in sales of
Asia/pacific (up 7.0% to 1.70 billion Swiss Francs)
.