IHS Chemical Week

Chemical Week Magazine :: Specialty Chemicals

Tikkurila's sales, profit fall, on market challenges

1:32 AM MST | February 9, 2016 | Michael Ravenscroft

Paint company Tikkurila (Helsinki) has announced fourth-quarter 2015 sales of €103.4 million ($115.3 million), compared with sales of €104.4 million, a decrease of 0.9% year-on-year (YOY). Ebit excluding non-recurring items was negative €11.1 million in the latest quarter, compared with negative €13.2 million a year ago. Adjusted Ebit was negative €10.3 million in the fourth quarter of last year, versus negative €13.9 million a year ago. Sales were €584.1 million in full-year 2015, compared with sales of €618.4 million in...

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