Finance
Sika's full-year sales fall 4.8% on weak China market
Published by Global Banking and Finance Review
Posted on January 13, 2026
Sika Reports 4.8% Decline in Full-Year Sales Due to China Weakness
Impact of Market Conditions on Sika's Sales
ZURICH, Jan 13 (Reuters) - Swiss construction chemicals maker Sika reported a 4.8% drop in full-year sales on Tuesday, hurt by a downturn in China and the strength of the Swiss franc.
The company, whose chemical additives have been used in projects including the Elphilharmonie Concert Hall in Hamburg and the Grand Egyptian Museum in Giza, said its full-year sales fell to 11.20 billion Swiss francs ($14.04 billion).
The figure missed expectations for 11.42 billion francs in a consensus of analyst forecasts gathered by Visible Alpha.
Sales Performance Overview
Sika's results, which give an insight into the health of the broader construction sector, were hit by the downturn in the Chinese building market.
Challenges in the Chinese Market
China is the company's second-biggest market, making up around 10% of its annual sales - 8% for construction chemicals and 2% for chemicals used by automotive makers for products like adhesives.
Global Market Trends
"Global markets were soft in the fourth quarter, including U.S. commercial construction trends, which were exacerbated by the government shutdown. Additionally, China saw continued market weakness in the residential building sector," CEO Thomas Hasler said in a statement.
($1 = 0.7977 Swiss francs)
(Reporting by John Revill; Anusha Shah in Bengaluru; Editing by Subhranshu Sahu)
Frequently Asked Questions about Sika's full-year sales fall 4.8% on weak China market
1What is annual sales?
Annual sales refer to the total revenue generated by a company over a fiscal year from its business activities.
2What is currency strength?
Currency strength refers to the value of a currency in comparison to other currencies, affecting international trade and investment.
3What are market challenges?
Market challenges are obstacles that companies face in their industry, such as economic downturns, competition, or changes in consumer behavior.
4What is a downturn?
A downturn is a period of declining economic performance, often characterized by reduced sales, profits, and investment.
5What is foreign currency?
Foreign currency refers to the money used in a country other than one's own, impacting international transactions and exchange rates.
