Sika Attributes 5.8 Percent Increase in Sales to Global Strength

Sika Corp. has announced its annual sales for 2012 increased 5.8 percent to CHF 4.82 billion (5.22 billion USD). The company attributes this growth to a strong global presence which it says "enabled the company to offset fall-offs in demand in European markets. 10.7 percent growth was achieved in the emerging markets."

North American sales for the company improved by 9 percent while, as a result of the debt crisis, the company's European profit declined 7 percent.