Tikkurila OYJ operates in the Paints and allied products sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Tikkurila OYJ with three other
paint manufacters in Europe:
Polisan Holding As
of Turkey
(2018
sales of 1.16 billion Turkish Liras [US$202.66 million]
of which 78%
was Chemicals),
Flugger group A/S
of Denmark
(1.82 billion Danish Kroner [US$267.72 million]
of which 84%
was Flugger Branded), and
Dyo Boya Fabrikalari Sanayi Ve Ticaret AS
which is
based in Turkey
(1.07 billion Turkish Liras [US$186.55 million]
of which 100%
was Paint).
Sales Analysis.
Tikkurila OYJ reported sales of 561.47 million Euro (US$617.68 million)
for the
year ending
December of 2018.
This
represents
a
decrease of 3.6%
versus 2017, when the company's sales were 582.39 million Euro.
Contributing to the drop in overall sales was the 4.5% decline
in Industrial Coatings, from 103.45 million Euro to 98.81 million Euro.
There were also decreases in sales in
Decorative Paints (down 3.4% to 462.66 million Euro)
.