Another good year for Jotun
Jotun recorded NOK 22 809 million in revenue in 2021, an 8 per cent increase from the year before. Operating profit for the year came in at NOK 3 138 million, the second highest in the company’s history.
Donation to Red Cross/Red Crescent in Ukraine
There is an urgent need for Humanitarian Support to the civilian population in the affected areas in Ukraine. Jotun has donated NOK 3 000 000 to Red Cross/Red Crescent’s humanitarian work in Ukraine.
Red Cross/Red Cresent has been present in the country for eight years, serving over 3 million people in need in the conflict areas. The recent escalation of the conflict leaves even more civilians in need of basic humanitarian support.
Group Communications Director, Christian Espolin Johnson, says: "A part of our Corporate Responsibility strategy is to take responsibility in the areas where we operate, and Jotun want to contribute economically to aid the emergency situation in Ukraine."
By choosing Red Cross/Red Crescent as our partner, we know that the money is spent according to our intention.
Christian Espolin Johnson, Group Communications Director
By choosing Red Cross/Red Crescent as our partner, we know that the money is spent according to our intention.
Christian Espolin Johnson, Group Communications Director
The support will be directed at maintaining critical societal functions such as basic infrastructure and health care supplies and equipment. In addition, there is an urgent need for water supply, food, warm clothes, and basic sanitary standards.
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Explore all newsSolid progress, but uncertain outlook
Jotun achieved record high revenues in the first eight months of 2021. Operating profit was NOK 2 496 million, but high raw material prices put pressure on the operating margin.
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