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SIKA Sika AG News Story

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Brief: Sika Announces Strategic 'Fast Forward' Program For Profitable Growth

Nov 27 (Reuters) - SIKA AG SIKA.S:

PRESENTS STRATEGIC “FAST FORWARD” PROGRAM FOR PROFITABLE GROWTH AND DIGITAL LEADERSHIP

EXPECTED ANNUAL SAVINGS OF CHF 150 TO 200 MILLION WITH FULL IMPACT AS OF 2028

NON-RECURRING COSTS OF CHF 80 TO 100 MILLION IN 2025 FOR STRUCTURAL ADJUSTMENTS IN CHINA AND EFFICIENCY MEASURES IN OTHER MARKETS

STRATEGY 2028 CONFIRMED

INVESTMENTS OF CHF 120 TO 150 MILLION TO DRIVE DIGITAL EXCELLENCE

AROUND CHF 80 MILLION OF SAVINGS ARE EXPECTED TO TAKE EFFECT IN 2026

Source text: ID:nGNE78wBVb

Further company coverage: SIKA.S

 (Gdansk Newsroom)

 ((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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