Sika : Megacities as growth drivers for Sika

Paul Schuler: 'Innovative Sika technologies meet the challenges posed by urban development today: Here in New York, for instance, these include the construction of high-rise buildings, the implementation of infrastructure projects, increasingly stringent building standards, and refurbishment projects.

With our high-performance products and strong customer focus, we want to tailor our organization even more closely to the business potential of megacities and thus also ensure continued growth and achievement of our targets for 2020.'

In the last three years, Sika's annual organic growth of 8% in the USA has clearly outpaced the market. This can be attributed, among other things, to major investments in new factories, expansion of the sales organization, and acquisitions close to metropolitan areas and the United States' fastest-growing cities. Thanks to their organizational merger earlier this year, the two regions - North and Latin America - will greatly benefit from each other. Not least of all, the potential of the numerous big cities and conurbations will continue to be exploited, permitting transfers of know-how and technology as well as systematic market development with supra-regional key account customers and large-scale projects.