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People & Business :: Earnings/Finance

High Raw-Material Prices Impact Jotun's 2011 Results

9:11 AM MST | February 21, 2012 | Sotirios Frantzanas

Paints and coatings company Jotun (Sandefjord, Norway) says sales increased 9.2% in full-year 2011, to NK10.7 billion ($1.9 billion) compared with NK 9.8 billion in 2010. Operating profits, however, decreased 23%, to NK 956 million in full-year 2011 because...

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