Sika AG reported a 4.8% dip in 2025 sales, falling to CHF 11.20 billion after a 5.4% adverse currency swing, mainly from a weaker U.S. dollar. Local‑currency sales rose 0.6%, but the hit pushed revenue below the CHF 11.76 billion of 2024. CEO Thomas Hasler said the company still gained market share worldwide, even as construction markets cooled, especially in the U.S. where a historic government shutdown dented commercial projects.

In Europe, the Middle East and Africa, sales climbed 2.2% in local currencies, with double‑digit gains in the Middle East and Africa, while Asia‑Pacific sales fell 5.2% after a sharp drop in China’s construction arm. Sika’s Fast Forward program, launched to trim costs, is expected to save about CHF 80 million in 2026 and up to CHF 200 million annually by 2028. The firm completed seven acquisitions and opened seven new factories in 2025, and it projects a 2025 EBITDA margin just over 19%, excluding one‑off Fast Forward costs.

Analysts expect muted global conditions to persist into early 2026.