Arnhem, the Netherlands and Longueuil, Québec, Canada, June 3, 2006 – Akzo Nobel N.V.
(Euronext Amsterdam: AKY; NASDAQ: AKZOY) and Sico Inc. (TSX: SIC) jointly announced
today that Messrs. Alexander Gunst, Steven Miller, Martin Potter, Charles Scudder a...
Arnhem, the Netherlands and Longueuil, Québec, Canada, May 31, 2006 – Akzo Nobel N.V. (Euronext Amsterdam: AKY; NASDAQ: AKZOY) and Sico Inc. (TSX: SIC) jointly announced today that Sico shareholders holding approximately 97% of the outstanding Sico common...
SICO Increases Its Sales in the First Quarter of 2006 Although Net Earnings Decrease Due to Inflated Raw Material and Transportation Costs and Exceptional Expenses Associated With the AKZO NOBEL nv Takeover Bid
For the first quarter of 2006, consistent with managements expectations, SICO INC. (“SICO” or “the Company”, ticker symbol SIC/TSX) was faced with a more challenging business environment than during the same period in 2005, which led to an increase ...
Annual general meeting of shareholders of Sico Inc. is postponed
Sico Inc. ("SICO" or "the Company"; ticker symbol TSX: SIC)
announces that it postpones the annual general meeting of shareholders of Sico Inc. which was
scheduled to be held on May 9, 2006....
Akzo Nobel Offer and Sico Directors Circular Mailed to Shareholders
Arnhem, the Netherlands and Longueuil, Québec, Canada, April 25, 2006 – Akzo Nobel N.V. (Euronext Amsterdam: AKY; NASDAQ: AKZOY) and Sico Inc. (TSX: SIC) jointly announce that Akzo Nobels wholly-owned subsidiary, 9168-1528 Québec Inc., has mailed to...
$20.00 cash per common share, takeover bid unanimously supported by SICOs Board of Directors
Longueuil, April 5, 2006 – Sico Inc. ("SICO" or "the Company"; ticker symbol TSX: SIC) today announced that it has reached an agreement with AKZO NOBEL N.V. (Euronext Amsterdam: AKY; NASDAQ: AKZOY), to support a take-over bid by AKZO NOBEL to acquire all ...
SICO Achieves Net Earnings of $6.3 Million or $0.46 per Share for 2005 and Raises Its Dividend by 14%
For the year ended December 30, 2005, SICO INC. achieved record sales of $312.1 million, up 2.9% over the previous year. Despite higher manufacturing and distribution costs largely attributable to soaring oil prices, the Companys EBITDA (operating e...
SICO announces that, subsequent to the annual impairment test conducted in accordance with Canadian generally accepted accounting principles, a non-cash charge of $10.4 million before taxes ($9.3 million net of taxes), associated with the impairment loss ...
SICO Achieves Third-Quarter Net Earnings of $6.3 Million
For its third quarter of 2005 ending September 30, SICO INC. (“SICO” or “the Company”; ticker symbol SIC/TSX) recorded revenues of $83.4 million, compared to $83.8 million in the same quarter of 2004. This slight decline is attributable to the negative im...
Sico Acquires Mills Paint Sales Ltd. and consolidates its presence in Western Canada
Longueuil, October 3, 2005 — SICO INC. ("SICO" or the "Company"; ticker symbol
SIC/TSX) announces it has acquired, through its wholly owned subsidiary, Bétonel Ltée,
all shares of Mills Paint Sales Ltd. ("Mills Paint"), an architectural paint manufactur...
SICO Achieves Second-quarter Net Earnings of $8.7 Million
For the second quarter ended July 1, 2005, SICO INC. (“SICO” or “the Company”, ticker symbol SIC/TSX) recorded sales of $99.1 million, up 5.0% compared to $94.4 million for the same period in 2004....
SICO Withdraws its Offer to Purchase Certain Assets of Napier Environmental Technologies Inc.
SICO INC. (“SICO” or the “Company”; ticker symbol SIC/TSX) announces that it has withdrawn its offer to purchase a significant portion of the assets of Napier Environmental Technologies Inc. (“Napier”), a company located in the Vancouver area and speciali...
SICO Offers to Purchase Certain Assets of a Western Canadian Company
SICO INC. (“SICO” or the “Company”; ticker symbol SIC/TSX)
announces that it has made an offer to purchase a significant portion of the assets of Napier
Environmental Technologies Inc. (“Napier”), a public company located in the Vancouver area
and spec...
SICO Announces its Best Annual Results Ever, With Net Earnings Up 40% Over 2003
For the year ended December 31, 2004, SICO INC. (ticker symbol SIC/TSX) achieved record results in terms of sales, net earnings and operating cash flows. The Company recorded sales of $303.4 million, compared with $280.5 million the previous year. The 8.2...
Sico obtains ISO 14001 Certification for its industrial coatings facilities
SICO is pleased to announce that the environmental management system at its Longueuil (QC) facility has been certified to the ISO 14001 Standard by one of
North America leading management system registrars (QMI).
"Achieving ISO 14001 registration show...
We are very pleased to announce that on November 18, 2004, SICO was awarded the AMETVS (Association of Manufacturers of Transport Equipment and Special Vehicles) Innovation Grand Prize.For the fourth year running, this prize was awarded at the Excellence ...
SICO Sells Its Ownership Interest in the Joint Venture Sico-Becker S.A.S.
SICO INC. (“SICO” or the “Company”; ticker symbol
SIC/TSX), Canadas leading company in the paint, coatings and related products industry,
announces that it has sold to its European partner Becker Industrie S.A. (“BECKER”), its 50%
interest in the...
For the three-month period ended September 24, 2004, SICO INC. (ticker symbol SIC/TSX), Canadas leading paint and coatings company, achieved sales of
$84.7 million, up 5.8% over the same quarter in 2003....
The successful integration of PARA and operational optimization program
raise net earnings to $8.0 million for the quarter and to
$9.2 million for the first six months....
For the three-month period ended March 26, 2004, SICO achieved sales of $63.6 million, compared
with $59.4 million for the same quarter last year. This increase of $4.2 million or 7.0% is attributable to
the addition of PARA, acquired in May 2003....
We are pleased to report to shareholders that our operational infrastructure
optimization program has started to yield the expected savings in both the
Architectural and Industrial Sectors. In addition, the integration of PARA is in line with
our key o...
For the three-month period ended March 26, 2004, SICO INC. (SIC/TSX),
Canadas leading paint company, achieved sales of $63.6 million compared to sales of $59.4 million for
the same quarter of the previous year, an increase of 7.0%. SICO posted qua...
For the three-month period ended March 26, 2004, SICO INC. (SIC/TSX),
Canadas leading paint company, achieved sales of $63.6 million compared to sales of $59.4 million for
the same quarter of the previous year, an increase of 7.0%. SICO posted qua...
Annuel information form : Year ended December 26, 2003
Sico Inc. (“Sico”) was incorporated under the name Peinture Sico Limitée / Sico Paint Limited,
pursuant to the Companies Act of Quebec by letters patent issued on January 28, 1941. Sico was continued
under Part 1A of the Companies Act of Quebec by certi...
General Annual Meeting of the shareholders on May 13, 2004
Notice is hereby given that the General Annual Meeting of the shareholders of Sico Inc. (“Sico”) will
be held at 10:00 a.m. on May 13, 2004, in the Regence A Meeting Room of the Delta Centre-Ville Hotel,
777 University Street, Montreal, Quebec, for the ...
SICO Reports Net Earnings of $11.2 Million for 2003 and Increases its Dividend by 9%
For SICO INC. (SIC/TSX), Canadas leading paint and coatings company,
the fiscal year ended December 26, 2003 was highlighted by a significant expansion and optimization of
its operational base, along with a very solid financial performance. Sales ...
SICO Reports Net Earnings of $11.2 Million for 2003 and
For SICO INC. (SIC/TSX), Canadas leading paint and coatings company,
the fiscal year ended December 26, 2003 was highlighted by a significant expansion and optimization of
its operational base, along with a very solid financial performance. Sales ...
For over two years, most North American customers targeted by SICOs Industrial Sector have suffered from difficult
market conditions, marked by a weak U.S. economy and a decline in capital spending on private and public
infrastructures. In 2003, S...
Managements Report related to the Consolidated Financial Statements
The consolidated financial statements of Sico Inc. and
the financial information in this annual report are the
responsibility of management and have been approved
by the Board of Directors. These consolidated financial
statements have been prepared in...