On Track for Profitable Growth - Rise in Gross Margin
? Sales growth of 3.4% on CHF 2,307.0 million (6.4% in local currencies)
? 10.7% growth in emerging markets in local currencies
? Gross margin of 53.1% (first half of 2011: 51.9%)
? Sharp 10.1% rise in EBIT to CHF 195.5 million
In the first half of 2012, Sika increased sales by 6.4% in local currencies. In Swiss franc terms, after adjusting for exchange rate changes of -3.0%, sales increased by 3.4% year-on-year to CHF 2,307.0 million. Sika also further improved its gross result, which now stands at 53.1%.