Sika increases its revenue in H1 2015.
Edited by Rhod Mackenzie / 2015-07-29 07:47:42
Finance Oil and Gas Russia Petrochemicals PolymerUpdate Financial results Russia Oil and Gas Production and Refining
Global chemical company Sika AG, specializing in the production of materials for the construction and transport engineering, provided financial summary for H1 2015. The revenues increased by 5.6% and amounted to 2.5 billion euros compared to the same period in 2014. The operating profit (EBIT) increased by 8.3% and reached over 275 million euros. The net profit increased by 11.1% and amounted to 187 million euros. The sales reached a high level in all regions (Europe, Middle East and Africa, Asia Pacific Region, North America, Latin America) and exceeded the financial plan for H1 2015.