07.03.2018 07:00:01

Press Release: SIKA ESTABLISHES NATIONAL SUBSIDIARY IN HONDURAS

Sika AG / SIKA ESTABLISHES NATIONAL SUBSIDIARY IN HONDURAS. Processed

and transmitted by Nasdaq Corporate Solutions. The issuer is solely

responsible for the content of this announcement.

Sika is laying the foundation for further growth in Central America by

establishing a national subsidiary in Honduras. With the new subsidiary

customers will benefit from faster supply of Sika products and solutions

as well as an expanding product range.

The new national subsidiary will enable Sika to broaden its range of

solutions for the private and commercial construction sectors in

Honduras and expand its position in the fast-growing market. Both

segments are growing rapidly and several major projects are at the

planning or implementation stages.

Christoph Ganz, Regional Manager Americas: "The new national subsidiary

will enable us to optimize the way we procure and import products from

the Sika network and continue to efficiently develop the market by

providing competitive prices and greater customer proximity. Sika is

already number one in Latin America and the new subsidiary in Honduras

will consolidate this position."

INFRASTRUCTURE INVESTMENTS STIMULATE GROWTH

Honduras is the second-largest country in Central America, with a

population of more than 9 million. Medium-term forecasts predict annual

economic growth in excess of 4%. The country is investing heavily in its

booming textiles sector, tourism, and infrastructure projects such as

freeways, a new airport near its capital and new port facilities for

container transshipment at Puerto Cortez on the north coast.

CONTACT

Dominik Slappnig

Corporate Communications &

Investor Relations

+41 58 436 68 21

slappnig.dominik@ch.sika.com

SIKA CORPORATE PROFILE

Sika is a specialty chemicals company with a leading position in the

development and production of systems and products for bonding, sealing,

damping, reinforcing and protecting in the building sector and motor

vehicle industry. Sika has subsidiaries in 101 countries around the

world and manufactures in over 200 factories. Its more than 18,000

employees generated annual sales of CHF 6.25 billion in 2017.

The media release can be downloaded from the following link:

Media Release: http://hugin.info/100359/R/2174034/838280.pdf

This announcement is distributed by Nasdaq Corporate Solutions on behalf

of Nasdaq Corporate Solutions clients.

The issuer of this announcement warrants that they are solely

responsible for the content, accuracy and originality of the information

contained therein.

Source: Sika AG via Globenewswire

--- End of Message ---

Sika AG

Zugerstrasse 50 Baar Switzerland

WKN: 858573;ISIN: CH0000587979;

http://www.sika.com

(END) Dow Jones Newswires

March 07, 2018 01:00 ET (06:00 GMT)

JETZT DEVISEN-CFDS MIT BIS ZU HEBEL 30 HANDELN
Handeln Sie Devisen-CFDs mit kleinen Spreads. Mit nur 100 € können Sie mit der Wirkung von 3.000 Euro Kapital handeln.
82% der Kleinanlegerkonten verlieren Geld beim CFD-Handel mit diesem Anbieter. Sie sollten überlegen, ob Sie es sich leisten können, das hohe Risiko einzugehen, Ihr Geld zu verlieren.

Analysen zu Sika AGmehr Analysen

Eintrag hinzufügen
Hinweis: Sie möchten dieses Wertpapier günstig handeln? Sparen Sie sich unnötige Gebühren! Bei finanzen.net Brokerage handeln Sie Ihre Wertpapiere für nur 5 Euro Orderprovision* pro Trade? Hier informieren!
Es ist ein Fehler aufgetreten!

Indizes in diesem Artikel

NASDAQ Comp. 18 350,19 -2,64%