Industry | A new wave of financial reports announced! Sales of Nippon Paint, Jotun, Carboline Floor Paint, and DSM have soared!

75em;">A few days ago, Nippon Paint, Jotun, CMP, Tikkurila, Carpoly Floor Paint, DSM and many other coating companies have successively released 2019 financial report information.

75em;">A few days ago, Nippon Paint, Jotun, CMP, Tikkurila, Carpoly Floor Paint, DSM and many other coating companies have successively released 2019 financial report information.

A few days ago, Nippon Paint, Jotun, CMP, Tikkurila, Carpoly Floor Paint, DSM and many other coating companies have successively released 2019 financial report information.

75em;">Last week, Ai Tubang released articles on the financial reports of eight coating companies.

Based on the new wave of financial report information of coating companies, the performance of the coating company business sector in 2019 is different, and most companies are showing a situation of "less growth and decline"; from the perspective of the 2020 plan, the uncertainty of the market makes coatings Enterprises are more cautious when deploying plans.

75em;">The specific financial report information is collected as follows:

75em;">Last week, Ai Tubang released articles on the financial reports of eight coating companies.

Based on the new wave of financial report information of coating companies, the performance of the coating company business sector in 2019 is different, and most companies are showing a situation of "less growth and decline"; from the perspective of the 2020 plan, the uncertainty of the market makes coatings Enterprises are more cautious when deploying plans.

Last week, Ai Tubang released articles on the financial reports of eight coating companies.
Based on the new wave of financial report information of coating companies, the performance of the coating company business sector in 2019 is different, and most companies are showing a situation of "less growth and decline"; from the perspective of the 2020 plan, the uncertainty of the market makes coatings Enterprises are more cautious when deploying plans.

The specific financial report information is collected as follows:

75em;">Nippon Paint's sales revenue increased in fiscal year 2019

75em;">01

75em;">Nippon Paint's sales revenue increased in fiscal year 2019

75em;">01

75em;">Nippon Paint's sales revenue increased in fiscal year 2019

75em;">01

75em;">Nippon Paint's sales revenue increased in fiscal year 2019

75em;">01

75em;">01

75em;">01

75em;">01

75em;">01

01

75em;">Nippon Paint's sales revenue increased in fiscal year 2019

75em;">Nippon Paint's sales revenue increased in fiscal year 2019

75em;">Nippon Paint's sales revenue increased in fiscal year 2019

Nippon Paint's sales revenue increased in fiscal year 2019

75em;">On February 13, Nippon Paint Holdings announced its 2019 financial performance report.

The group's annual consolidated sales revenue was 692.
09 billion yen, or about 6.
337 billion U.
S.
dollars, a year-on-year increase of 10.

75em;">On February 13, Nippon Paint Holdings announced its 2019 financial performance report.
The group's annual consolidated sales revenue was 692.
09 billion yen, or about 6.
337 billion U.
S.
dollars, a year-on-year increase of 10.
3%.

On February 13, Nippon Paint Holdings announced its 2019 financial performance report.
The group's annual consolidated sales revenue was 692.
09 billion yen, or about 6.
337 billion U.
S.
dollars, a year-on-year increase of 10.
3%.

75em;">The financial report shows that Nippon Paint's annual operating profit fell 9.

8% year-on-year to 78.
060 billion yen; pre-tax profit was 79.
518 billion yen, a year-on-year decrease of 10.

75em;">The financial report shows that Nippon Paint's annual operating profit fell 9.
8% year-on-year to 78.
060 billion yen; pre-tax profit was 79.
518 billion yen, a year-on-year decrease of 10.
7%; net profit attributable to parent company owners was 36.
717 billion yen, or about 3.
362 Billion US dollars, a year-on-year decrease of 19.
0%.

The financial report shows that Nippon Paint's annual operating profit fell 9.
8% year-on-year to 78.
060 billion yen; pre-tax profit was 79.
518 billion yen, a year-on-year decrease of 10.
7%; net profit attributable to parent company owners was 36.
717 billion yen, or about 3.
362 Billion US dollars, a year-on-year decrease of 19.
0%.

75em;">Performance description in China

75em;">Performance description in China

75em;">Performance description in China

Performance description in China

75em;">According to the data from the final account briefing, Nippon's China region achieved sales of 257.

5 billion yen in 2019, or about 16.
297 billion yuan, an increase of 2.
3% year-on-year; operating profit was 40.
1 billion yen, an increase of 4.
4% year-on-year; operating profit margin It was 15.
6%, an increase of 0.

75em;">According to the data from the final account briefing, Nippon's China region achieved sales of 257.
5 billion yen in 2019, or about 16.
297 billion yuan, an increase of 2.
3% year-on-year; operating profit was 40.
1 billion yen, an increase of 4.
4% year-on-year; operating profit margin It was 15.
6%, an increase of 0.
3% compared with the previous year.
In the business sector, sales of architectural coatings business were 202.
7 billion yen (approximately RMB 12.
829 billion), a year-on-year increase of 7.
1%.

According to the data from the final account briefing, Nippon's China region achieved sales of 257.
5 billion yen in 2019, or about 16.
297 billion yuan, an increase of 2.
3% year-on-year; operating profit was 40.
1 billion yen, an increase of 4.
4% year-on-year; operating profit margin It was 15.
6%, an increase of 0.
3% compared with the previous year.
In the business sector, sales of architectural coatings business were 202.
7 billion yen (approximately RMB 12.
829 billion), a year-on-year increase of 7.
1%.

75em;">02

75em;">Jotun's 2019 sales increase by 11%

75em;">02

75em;">Jotun's 2019 sales increase by 11%

75em;">02

75em;">Jotun's 2019 sales increase by 11%

75em;">02

75em;">Jotun's 2019 sales increase by 11%

75em;">02

75em;">02

75em;">02

75em;">02

75em;">02

02

75em;">Jotun's 2019 sales increase by 11%

75em;">Jotun's 2019 sales increase by 11%

75em;">Jotun's 2019 sales increase by 11%

Jotun's 2019 sales increase by 11%

75em;">Jotun set a new sales record in 2019, reaching 19.

652 billion Norwegian kroner (approximately 2.
127 billion US dollars).

75em;">Jotun set a new sales record in 2019, reaching 19.
652 billion Norwegian kroner (approximately 2.
127 billion US dollars).

Jotun set a new sales record in 2019, reaching 19.
652 billion Norwegian kroner (approximately 2.
127 billion US dollars).

75em;">It is reported that Jotun’s operating profit was 2.

32 billion Norwegian kroner (approximately US$251 million); Jotun’s sales in 2019 increased by 11%, thanks to the strong growth of the marine and protective coatings business and the continued growth of the decorative paint business Good growth.
Operating profit increased by 71% compared to last year, which was mainly attributed to the increase in sales and the increase in profitability.
Good cost control and the weakening of the Norwegian Krone also contributed to the good performance in 2019.

75em;">It is reported that Jotun’s operating profit was 2.
32 billion Norwegian kroner (approximately US$251 million); Jotun’s sales in 2019 increased by 11%, thanks to the strong growth of the marine and protective coatings business and the continued growth of the decorative paint business Good growth.
Operating profit increased by 71% compared to last year, which was mainly attributed to the increase in sales and the increase in profitability.
Good cost control and the weakening of the Norwegian Krone also contributed to the good performance in 2019.

It is reported that Jotun’s operating profit was 2.
32 billion Norwegian kroner (approximately US$251 million); Jotun’s sales in 2019 increased by 11%, thanks to the strong growth of the marine and protective coatings business and the continued growth of the decorative paint business Good growth.
Operating profit increased by 71% compared to last year, which was mainly attributed to the increase in sales and the increase in profitability.
Good cost control and the weakening of the Norwegian Krone also contributed to the good performance in 2019.

75em;">2020 outlook forecast

75em;">2020 outlook forecast

75em;">2020 outlook forecast

2020 outlook forecast

75em;">Jotun invested 1.
464 billion Norwegian kroner (approximately US$158 million) in 2019 (2018: 1.
089 billion Norwegian kroner), accounting for approximately 7% of operating income.
The largest investments include the group's new headquarters and R&D center in Norway, as well as new factories in Egypt and Vietnam.
Jotun expects that sales will continue to grow in 2020, but the increase in trade tensions and geopolitical pressures and the decline in global growth prospects will bring uncertainty.

75em;">Jotun invested 1.
464 billion Norwegian kroner (approximately US$158 million) in 2019 (2018: 1.
089 billion Norwegian kroner), accounting for approximately 7% of operating income.
The largest investments include the group's new headquarters and R&D center in Norway, as well as new factories in Egypt and Vietnam.
Jotun expects that sales will continue to grow in 2020, but the increase in trade tensions and geopolitical pressures and the decline in global growth prospects will bring uncertainty.

Jotun invested 1.
464 billion Norwegian kroner (approximately US$158 million) in 2019 (2018: 1.
089 billion Norwegian kroner), accounting for approximately 7% of operating income.
The largest investments include the group's new headquarters and R&D center in Norway, as well as new factories in Egypt and Vietnam.
Jotun expects that sales will continue to grow in 2020, but the increase in trade tensions and geopolitical pressures and the decline in global growth prospects will bring uncertainty.

75em;">03

75em;">CMP's net profit in the first three quarters increased to 1.
733 billion yen

75em;">03

75em;">CMP's net profit in the first three quarters increased to 1.
733 billion yen

75em;">03

75em;">CMP's net profit in the first three quarters increased to 1.
733 billion yen

75em;">03

75em;">CMP's net profit in the first three quarters increased to 1.
733 billion yen

75em;">03

75em;">03

75em;">03

75em;">03

75em;">03

03

75em;">CMP's net profit in the first three quarters increased to 1.
733 billion yen

75em;">CMP's net profit in the first three quarters increased to 1.
733 billion yen

75em;">CMP's net profit in the first three quarters increased to 1.
733 billion yen

CMP's net profit in the first three quarters increased to 1.
733 billion yen

75em;">On January 31, China National Coatings Corporation (CMP) announced its first three quarters of fiscal 2020 performance report.
The company achieved sales of 65.
470 billion yen in the first three quarters, a year-on-year decrease of 1.
8%; operating profit was 2.
432 billion yen, with a loss of 42 million yen in the same period last year; operating profit was 3.
069 billion yen, an increase of 12.
6 times year-on-year; net profit was 17.
33 Billion yen, a year-on-year increase of 11.
6 times.

75em;">On January 31, China National Coatings Corporation (CMP) announced its first three quarters of fiscal 2020 performance report.
The company achieved sales of 65.
470 billion yen in the first three quarters, a year-on-year decrease of 1.
8%; operating profit was 2.
432 billion yen, with a loss of 42 million yen in the same period last year; operating profit was 3.
069 billion yen, an increase of 12.
6 times year-on-year; net profit was 17.
33 Billion yen, a year-on-year increase of 11.
6 times.

On January 31, China National Coatings Corporation (CMP) announced its first three quarters of fiscal 2020 performance report.
The company achieved sales of 65.
470 billion yen in the first three quarters, a year-on-year decrease of 1.
8%; operating profit was 2.
432 billion yen, with a loss of 42 million yen in the same period last year; operating profit was 3.
069 billion yen, an increase of 12.
6 times year-on-year; net profit was 17.
33 Billion yen, a year-on-year increase of 11.
6 times.

75em;">Performance description in China

75em;">Performance description in China

75em;">Performance description in China

Performance description in China

75em;">In terms of regional sales performance, sales in China in the first three quarters were 13.
762 billion yen, a year-on-year decrease of 24.
4%.
Among them: marine coatings sales were 10.
113 billion yen, a year-on-year increase of 27.
1%; industrial coatings sales were 693 million yen, a year-on-year decrease of 15.
1%; container coatings sales were 2.
955 billion yen, a year-on-year decrease of 68.
6%.

75em;">In terms of regional sales performance, sales in China in the first three quarters were 13.
762 billion yen, a year-on-year decrease of 24.
4%.
Among them: marine coatings sales were 10.
113 billion yen, a year-on-year increase of 27.
1%; industrial coatings sales were 693 million yen, a year-on-year decrease of 15.
1%; container coatings sales were 2.
955 billion yen, a year-on-year decrease of 68.
6%.

In terms of regional sales performance, sales in China in the first three quarters were 13.
762 billion yen, a year-on-year decrease of 24.
4%.
Among them: marine coatings sales were 10.
113 billion yen, a year-on-year increase of 27.
1%; industrial coatings sales were 693 million yen, a year-on-year decrease of 15.
1%; container coatings sales were 2.
955 billion yen, a year-on-year decrease of 68.
6%.

75em;">04

75em;">Tikkurila's 2019 revenue of $632 million

75em;">04

75em;">Tikkurila's 2019 revenue of $632 million

75em;">04

75em;">Tikkurila's 2019 revenue of $632 million

75em;">04

75em;">Tikkurila's 2019 revenue of $632 million

75em;">04

75em;">04

75em;">04

75em;">04

75em;">04

04

75em;">Tikkurila's 2019 revenue of $632 million

75em;">Tikkurila's 2019 revenue of $632 million

75em;">Tikkurila's 2019 revenue of $632 million

Tikkurila's 2019 revenue of $632 million

75em;">On February 12, Tikkurila announced its 2019 financial performance report: In 2019, it achieved sales revenue of 563.
8 million euros, or about 631.
7 million US dollars, an increase of 0.
4% year-on-year; excluding exchange rate effects, divestitures and closures, comparable revenue increased 1.
4%.

75em;">On February 12, Tikkurila announced its 2019 financial performance report: In 2019, it achieved sales revenue of 563.
8 million euros, or about 631.
7 million US dollars, an increase of 0.
4% year-on-year; excluding exchange rate effects, divestitures and closures, comparable revenue increased 1.
4%.

On February 12, Tikkurila announced its 2019 financial performance report: In 2019, it achieved sales revenue of 563.
8 million euros, or about 631.
7 million US dollars, an increase of 0.
4% year-on-year; excluding exchange rate effects, divestitures and closures, comparable revenue increased 1.
4%.

75em;">Adjusted operating profit increased by 19.
5% to 46.
4 million euros.
Operating profit (EBIT) increased to 43.
9 million euros.
Net profit was 33.
2 million euros, a year-on-year increase of 127.
9%.
Earnings per share increased by 127.
9% to EUR 0.
75.

75em;">Adjusted operating profit increased by 19.
5% to 46.
4 million euros.
Operating profit (EBIT) increased to 43.
9 million euros.
Net profit was 33.
2 million euros, a year-on-year increase of 127.
9%.
Earnings per share increased by 127.
9% to EUR 0.
75.

Adjusted operating profit increased by 19.
5% to 46.
4 million euros.
Operating profit (EBIT) increased to 43.
9 million euros.
Net profit was 33.
2 million euros, a year-on-year increase of 127.
9%.
Earnings per share increased by 127.
9% to EUR 0.
75.

75em;">Description of performance changes

75em;">Description of performance changes

75em;">Description of performance changes

Description of performance changes

75em;">Elisa Markula, CEO of Tikkurila, said that for the full year of 2019, adjusted operating profit increased by 19.
5% year-on-year.
Good profitability has driven strong cash flow growth.
"Our financial improvement is due to the increase in sales of our high-end brands, continuous price increases to offset high raw material costs and strict cost control.
"

75em;">Elisa Markula, CEO of Tikkurila, said that for the full year of 2019, adjusted operating profit increased by 19.
5% year-on-year.
Good profitability has driven strong cash flow growth.
"Our financial improvement is due to the increase in sales of our high-end brands, continuous price increases to offset high raw material costs and strict cost control.
"

Elisa Markula, CEO of Tikkurila, said that for the full year of 2019, adjusted operating profit increased by 19.
5% year-on-year.
Good profitability has driven strong cash flow growth.
"Our financial improvement is due to the increase in sales of our high-end brands, continuous price increases to offset high raw material costs and strict cost control.
"

75em;">05

75em;">Sales revenue of Carbo-Li floor paint increased by 70%

75em;">05

75em;">Sales revenue of Carbo-Li floor paint increased by 70%

75em;">05

75em;">Sales revenue of Carbo-Li floor paint increased by 70%

75em;">05

75em;">Sales revenue of Carbo-Li floor paint increased by 70%

75em;">05

75em;">05

75em;">05

75em;">05

75em;">05

05

75em;">Sales revenue of Carbo-Li floor paint increased by 70%

75em;">Sales revenue of Carbo-Li floor paint increased by 70%

75em;">Sales revenue of Carbo-Li floor paint increased by 70%

Sales revenue of Carbo-Li floor paint increased by 70%

75em;">On February 11-12, Guangzhou Jiabaoli New Materials Co.
, Ltd.
held a video conference on its 2019 business summary and 2020 business planning.
The Jiabaoli New Materials Company has not been established as a part of the Jiabaoli Group’s large-scale coating system, but It has achieved good results.

75em;">On February 11-12, Guangzhou Jiabaoli New Materials Co.
, Ltd.
held a video conference on its 2019 business summary and 2020 business planning.
The Jiabaoli New Materials Company has not been established as a part of the Jiabaoli Group’s large-scale coating system, but It has achieved good results.

On February 11-12, Guangzhou Jiabaoli New Materials Co.
, Ltd.
held a video conference on its 2019 business summary and 2020 business planning.
The Jiabaoli New Materials Company has not been established as a part of the Jiabaoli Group’s large-scale coating system, but It has achieved good results.

75em;">It is reported that the company's sales revenue in 2018 exceeded 100 million yuan (about 160 million yuan), a year-on-year increase of 276%; in 2019, its sales revenue exceeded 200 million yuan (about 270 million yuan), a year-on-year increase of 70%.

75em;">It is reported that the company's sales revenue in 2018 exceeded 100 million yuan (about 160 million yuan), a year-on-year increase of 276%; in 2019, its sales revenue exceeded 200 million yuan (about 270 million yuan), a year-on-year increase of 70%.

It is reported that the company's sales revenue in 2018 exceeded 100 million yuan (about 160 million yuan), a year-on-year increase of 276%; in 2019, its sales revenue exceeded 200 million yuan (about 270 million yuan), a year-on-year increase of 70%.

75em;">Performance description of each district

75em;">Performance description of each district

75em;">Performance description of each district

Performance description of each district

75em;">According to reports, the company has more than 240 engineering contracts in 2019, with a construction area of ​​more than 5 million square meters, of which the sales departments of Shandong, Anhui, and Hunan exceeded 20 million, and the sales scale of Zhejiang, Jiangsu, Guangzhou, Shenzhen, and Hubei exceeded 10 million.
At the same time, along with the development of Carbo-li, the dealer partners have continued to grow, and a large number of customers with more than 1 million or even 5 million delivery have emerged.

75em;">According to reports, the company has more than 240 engineering contracts in 2019, with a construction area of ​​more than 5 million square meters, of which the sales departments of Shandong, Anhui, and Hunan exceeded 20 million, and the sales scale of Zhejiang, Jiangsu, Guangzhou, Shenzhen, and Hubei exceeded 10 million.
At the same time, along with the development of Carbo-li, the dealer partners have continued to grow, and a large number of customers with more than 1 million or even 5 million delivery have emerged.

According to reports, the company has more than 240 engineering contracts in 2019, with a construction area of ​​more than 5 million square meters, of which the sales departments of Shandong, Anhui, and Hunan exceeded 20 million, and the sales scale of Zhejiang, Jiangsu, Guangzhou, Shenzhen, and Hubei exceeded 10 million.
At the same time, along with the development of Carbo-li, the dealer partners have continued to grow, and a large number of customers with more than 1 million or even 5 million delivery have emerged.

75em;">06

75em;">DSM's 2019 revenue of 9 billion euros

75em;">06

75em;">DSM's 2019 revenue of 9 billion euros

75em;">06

75em;">DSM's 2019 revenue of 9 billion euros

75em;">06

75em;">DSM's 2019 revenue of 9 billion euros

75em;">06

75em;">06

75em;">06

75em;">06

75em;">06

06

75em;">DSM's 2019 revenue of 9 billion euros

75em;">DSM's 2019 revenue of 9 billion euros

75em;">DSM's 2019 revenue of 9 billion euros

DSM's 2019 revenue of 9 billion euros

75em;">On February 13, DSM (DSM) announced its 2019 financial performance report.
Annual sales were 9.
010 billion euros, an increase of 2% year-on-year; adjusted EBITDA was 1.
684 billion euros, a year-on-year decrease of 8%; adjusted net profit was 830 million euros, an increase of 8% year-on-year; adjusted net operating freedom Cash flow was 801 million euros, a year-on-year increase of 47%.

75em;">On February 13, DSM (DSM) announced its 2019 financial performance report.
Annual sales were 9.
010 billion euros, an increase of 2% year-on-year; adjusted EBITDA was 1.
684 billion euros, a year-on-year decrease of 8%; adjusted net profit was 830 million euros, an increase of 8% year-on-year; adjusted net operating freedom Cash flow was 801 million euros, a year-on-year increase of 47%.

On February 13, DSM (DSM) announced its 2019 financial performance report.
Annual sales were 9.
010 billion euros, an increase of 2% year-on-year; adjusted EBITDA was 1.
684 billion euros, a year-on-year decrease of 8%; adjusted net profit was 830 million euros, an increase of 8% year-on-year; adjusted net operating freedom Cash flow was 801 million euros, a year-on-year increase of 47%.

75em;">Performance description of each district

75em;">Performance description of each district

75em;">Performance description of each district

Performance description of each district

75em;">In terms of regional sales, sales in the Netherlands, other parts of Western Europe, Eastern Europe, North America, Latin America, China, India, Japan, other parts of Asia, and other parts of the world were 2.
173 billion euros, 2.
667 billion euros, 197 million euros, and 15.
68, respectively.
Billion euros, 722 million euros, 976 million euros, 97 million euros, 136 million euros, 370 million euros, 104 million euros.
Among them, sales in China in 2018 were 938 million euros (a year-on-year increase of 4.
05% in 2019).

75em;">In terms of regional sales, sales in the Netherlands, other parts of Western Europe, Eastern Europe, North America, Latin America, China, India, Japan, other parts of Asia, and other parts of the world were 2.
173 billion euros, 2.
667 billion euros, 197 million euros, and 15.
68, respectively.
Billion euros, 722 million euros, 976 million euros, 97 million euros, 136 million euros, 370 million euros, 104 million euros.
Among them, sales in China in 2018 were 938 million euros (a year-on-year increase of 4.
05% in 2019).

In terms of regional sales, sales in the Netherlands, other parts of Western Europe, Eastern Europe, North America, Latin America, China, India, Japan, other parts of Asia, and other parts of the world were 2.
173 billion euros, 2.
667 billion euros, 197 million euros, and 15.
68, respectively.
Billion euros, 722 million euros, 976 million euros, 97 million euros, 136 million euros, 370 million euros, 104 million euros.
Among them, sales in China in 2018 were 938 million euros (a year-on-year increase of 4.
05% in 2019).