Sika AG (Sika) manufactures and markets specialty chemicals. The company’s product portfolio includes concrete admixtures, specialty mortars, sealants and adhesives, damping and reinforcing materials, structural strengthening systems, industrial flooring and sealing films. The company operates through four reportable geographic segments: EMEA, Americas, Asia/Pacific and Global Business. It also categorizes its products into products for construction industry and products for industrial manufacturing. In FY2023, the company’s capital expenditure stood at CHF279 million, which was grew 4.8% YoY.

Sika’s research and development (R&D) efforts focus on new products, systems, technologies, applications, and production processes. It also focuses on developing resource-saving building methods, energy-efficient and low-emission construction materials, high-speed manufacturing processes, modular construction, and lighter and safer vehicles. It operates 18 global technology centers with over 100 local and regional research and development facilities. To strengthen its research endeavors, the company collaborates with distinguished universities and scientific organizations worldwide, including ETH Zurich (Swiss Federal Institute of Technology in Zurich), EPFL (Swiss Federal Institute of Technology in Lausanne), University of Cadiz (Spain), University of Pennsylvania (USA), Princeton University (USA), the Beijing University of Chemical Technology (PRC), and other similar institutions. Moreover, the company’s subsidiaries work with local research institutes in their respective markets. In FY2023, the company spent CHF270.5 million on R&D, which as a percentage of revenue, stood at 2.4% and grew 16.6% YoY. As of December 2023, the company had 1,600 unique patent families and 5,680 single national patents. During the year, the company filed 108 new patent applications and reported 188 new inventions.