Sika headed for more growth


At the Annual General Meeting on April 21, 2004 Sika's Board of Directors will propose a repayment of the nominal value of 25%. In keeping with the proposal the repayment per bearer share amounts to CHF 15. - and per registered share to CHF 2.50.
Consequently, there will be a 60% higher amount per share paid to the shareholder, compared to the net dividend paid in the previous year of CHF 9.36 per bearer share and CHF 1.56 per registered share.
 
Consolidated financial statements - Key indicators
(in CHF m)
2002
2003
Increase
 
Net sales
Currency-adjusted growth of net sales
Consolidated net profit
Operating profit (EBIT)
Traditional cash flow
Operating free cash flow
 
Net debts
Debt/Equity ratio in %
 
Number of employees
 
2,122

 79
   153
   194
   108
 
 194
45.8%
 
8,508
 
2,268

94
   172
   203
   87
 
 172
49.1%
 
8,638
 
6.9%
11.1%
19.1%
12.9%
4.6%
-24.1%
 
 
The complete annual report can be downloaded at www.sika.com (click on Investor Relations).
 
###
 
Company Profile Sika AG
 
Sika AG, based in Baar, Switzerland, is a leading global supplier of specialty chemicals. Sika offers process materials for sealing, bonding, damping, reinforcing and protecting of load-bearing structures in construction (buildings and infrastructure) and in industry (transportation, automotive, marine and appliances & equipment).
Sika's product line includes concrete admixtures, speciality mortars, sealants, adhesives, speciality acoustic and reinforcing materials, structural strengthening systems, industrial flooring and membranes.
Locally based operations in more than 66 countries with over 8'500 employees connect customers directly with Sika and guarantee for the success of all our partners. With this concept Sika achieves annual sales of approximately CHF 2.3 billion.
Visit the Sika website at www.sika.com.
 
 
This Media Release can be downloaded on the following link below as PDF:

Attachments

Media Release