July 31, 2012 Sika has released a report outlining the company's 2012 sales at the half-year mark. The company is reporting strong growth for the first half of the year. Sika experienced increased product sales in the construction industry by 4.8 percent, 4.3 percent of which the company attributes to acquisitions. Products for industrial manufacturing also increased by 13.3 percent, with 5.6 percent of this increase also coming from acquisitions. Company officials say they expect to see continued growth during the second half of the year in nearly all regions. North America is predicted to continue the sales growth, but predictions are unclear for Europe. Sika also predicts a revival in "construction activities and infrastructure projects" in China. Overall, Sika expects its "margins to remain on a positive year-on-year trend during the second half of the year." |
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