Sika Profit Hits Record as Mortar Maker Battles Saint-Gobain

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  • Net profit jumps 25% on cost control, weak commodity prices
  • Swiss company plans more factories this year in growth drive

Sika AG, the Swiss building-materials maker fighting a takeover by Cie. de Saint-Gobain SA of France, posted a record first-half profit on lower commodity prices and more stable exchange rates. The shares rose to a record.

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