IHS Chemical Week

People & Business :: Earnings/Finance

Tikkurila reports increased profits, sets financial targets for 2018

7:53 AM MST | November 7, 2012 | Sotirios Frantzanas

Tikkurila (Vantaa, Finland), a paints and coatings company, says its net profits in the third quarter of 2012 increased 2.8%, to €22.6 million ($28.9 million), compared with €22 million in the third quarter of 2011. Third-quarter sales remained at the same level, €191.7 million, as in the prior-year period. Tikkurila's operating profits also increased 1.5% on a year-on-year basis, to €31.4 million. Earnings per share advanced 2.8%, to €0.51. Tikkurila says it was able to improve its profits and record good results in the third...

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