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Home  > Markets & companies  > Jotun profits remain satisfactory

Tuesday, 11 August 2020
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Markets & companies

Jotun profits remain satisfactory

Wednesday, 30 September 2009

In litres and kilos Jotun sold 1 % less paint than it did for the same period last year.

When compared to the record level of 2008, the figures in the first eight months of 2009 are still satisfactory, according to CEO Morten Fon.

When compared to the record level of 2008, the figures in the first eight months of 2009 are still satisfactory, according to CEO Morten Fon.

Jotun expects the difficult global economy to continue to have a greater impact. When compared to the record level of 2008, the figures in the first eight months of 2009 are still satisfactory, according to CEO Morten Fon. In litres and kilos the group sold 1 % less paint than it did for the same period last year. While the Powder Coatings Division was one of the areas to be affected by the slowdown at an early stage, areas such as the new ships and property markets have so far been less affected. The maintenance market has continued to perform relatively well. There are market-related variations in the group. The company continues to have growth, including in China, South Korea and key markets in the Middle East. A weak development has taken place in many parts of Europe, including Norway.

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