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:
Dyo Boya Fabrikalari Sanayi Ve Ticaret AS
of TURKEY
(2020
sales of 1.48 billion Turkish Liras [US$181.52 million]
of which 100%
was Paint),
Flugger group A/S
of DENMARK
(1.89 billion Danish Kroner [US$302.48 million]
of which 81%
was Flugger Branded), and
Fabryka Farb I Lakierow Sniezka SA
which is
based in POLAND
(821.33 million Polish New Zlotys [US$213.11 million]
of which 64%
was Poland).
Sales Analysis.
Tikkurila OYJ reported sales of 581.97 million Euro (US$691.18 million)
for the
year ending
December of 2020.
This
represents
an
increase of 3.2%
versus 2019, when the company's sales were 563.83 million Euro.
The sales level in 2020 was fairly close to the level five years ago: in 2015, Tikkurila OYJ had sales
of 584.11 million Euro.
Sales of Decorative Paints saw an increase
of
4.8% in 2020, from
467.41 million Euro to 489.71 million Euro.
Not all segments of Tikkurila OYJ experienced an increase in sales in 2020:
sales of Industrial Coatings fell 4.3% to 92.26 million Euro.