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Jotun’s longtime partner in humanitarian aid support – Red Cross and Red Crescent – is supporting civilians in several countries in the conflict areas. There is a massive need for help in the region.
Jotun delivers good results for the first two tertiaries of 2024. The company expects continued profitable growth, but at a slower pace than before.
With new all-time high sales and earnings in the first tertiary of 2024, Jotun continues the strong momentum from last year.
2023 was the best year ever for Jotun. Despite global challenges and conflicts, the paints and coatings manufacturer maintains its growth and investment plans.
Jotun has increased both operating revenue and operating profit year to date. The paints manufacturer expects continued growth but sees significant uncertainties in the global markets.
Libya suffers from devastating floods caused by Storm Daniel. Jotun has decided to donate NOK 1 mill to support Red Cross/Red Crescent in the area.
A 6.8 magnitude earthquake struck Morocco September 8th, causing widespread devastation. Jotun has donated NOK 1 million to Red Cross/Red Crescent to emergency aid in the area.
The collapse of the Nova Kakhovka dam in Ukraine is among the largest destructions of civil infrastructure since February 2022 and has major humanitarian consequences. Jotun has decided to donate NOK 2 mill to The Red Cross/Red Crescent and their emergency aid in the area.
Sales income increased to NOK 10 389 million, while the operating result reached NOK 2 122 million for the first four months of the year. However, significant uncertainty persists in several key markets.
Sandefjord, February 14, 2023: Jotun navigated well through a demanding 2022. Operating revenue came in at NOK 27 858 million and operating profit ended at NOK 3 737 million.
Sandefjord, October 6, 2022: Jotun increased both operating revenue and operating profit year to date. However, the operating margin was challenged by high raw material prices and significant global unrest.
The flood in Pakistan is causing an enormous humanitarian crisis. Jotun has donated NOK 1 million to Red Cross/Red Crescent’s work in the country.
Jotun has sold its interests in Russia and leaves the country. The employees will keep their jobs in the company under a new owner.
Jotun Group (Norway) and Med Investment Holding Spa (Algeria) concluded and executed a partnership agreement for producing Jotun paint and coatings in Algeria through a joint venture with Technover P.
Jotun increased its revenue by 14 per cent to NOK 8 459 million in the first four months of 2022. Record-high raw material prices weakened the operating profit compared to the same period last year.
Jotun is deeply concerned about the unfolding conflict in Ukraine. The paints and coatings company stands fully behind the international communities’ reaction to the situation.
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.
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.
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.
Study based on European Union MRV data reveals vessels using Jotun Hull Performance Solutions report 20% lower carbon intensity in operations.
A fire near Jotun’s binder factory, close to Group HQ in Sandefjord, Norway, caused no serious injuries.
Jotun revenue is NOK 7 441 million and operating income NOK 1 469 million in first four months of the year. Sales and earnings at record levels for the period.
Higher costs for critical raw materials, including epoxies, copper, zinc, polyester, emulsions, and titanium dioxide, necessitate price increases.
Jotun had sales of NOK 21,070 million in 2020, an increase of seven per cent from 2019. Operating profit was NOK 3,489 million despite affects of coronavirus pandemic.
In the first eight months of the year, Jotun achieved sales of NOK 13,916 million and posted a record operating profit of NOK 2,402 million.
PRESS RELEASE: Jotun pioneering revolutionary Hull Skating Solutions with MSC to increase efficiency and reduce emissions.
Jotun recorded sales of NOK 6 804 million and achieved an operating profit of NOK 1 065 million in the first four months of the year, despite impacts from the ongoing coronavirus pandemic.
PRESS RELEASE: Jotun launches Hull Skating Solutions (HSS), a break-through in proactive cleaning, offering shipowners always clean hulls in the most challenging operations.
PRESS RELEASE: Jotun achieved new sales record of NOK 19,652 million in 2019. Operating profit of NOK 2,320 million is also Jotun’s best result ever.
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