echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Coatings News > Paints and Coatings Market > Industry | The latest financial report, sales of Nippon Paint, Jotun, and Garboli have soared!

    Industry | The latest financial report, sales of Nippon Paint, Jotun, and Garboli have soared!

    • Last Update: 2021-03-28
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    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.
    Nippon Paint Nippon Paint , Jotun, CMP, Tikkurila, Carpoly Floor Paint , DSM and other floor paints.
    Last week, Ai Tubang released articles on the financial reports of eight coating companies.
    [8 Tu companies announced their 2019 financial reports! The net profit of Akzo Nobel, Sherwin-Williams, Axalta, Astro, Oriental Yuhong, etc.
    has increased greatly! 】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 Coating companies are more cautious when deploying plans.
    The specific financial report information of the business sector market "decrease increase and decrease" is collected as follows: 01.
    Nippon Paint's sales revenue increased in fiscal year 2019 01, Nippon Paint's sales revenue increased in fiscal year 2019 On February 13, Nippon Paint Holdings Co.
    , Ltd.
    ( 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%.
    The group's annual consolidated sales revenue was 692.
    09 billion yen, an increase of 10.
    3%. 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 net profit attributable to owners of the parent company was 36.
    717 billion yen, or approximately 336.
    2 million U.
    S.
    dollars, a year-on-year decrease of 19.
    0%.

    Results illustrate the case of China, according to accounts briefing session document shows that the state legislature in China in 2019 achieved sales of 257.
    5 billion yen, or about 16.
    297 billion yuan, an increase of 2.
    3%; operating profit of 40.
    1 billion yen, an increase of 4.
    4 %; operating profit margin 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%.
    Nippon's China region achieved sales of 257.
    5 billion yen in 2019, or about 16.
    297 billion yuan, a year-on-year increase of 2.
    3%; architectural coatings and architectural coatings business increased by 7.
    1% year-on-year.
    02.
    Jotun's sales in 2019 increased by 11% 02.
    Jotun's sales in 2019 increased by 11%.
    Jotun (Jotun) set a new sales record in 2019, reaching 19.
    652 billion Norwegian kroner (approximately 2.
    127 billion US dollars).
    Up to 19.
    652 billion Norwegian kroner (approximately 2.
    127 billion US dollars).
    The 2020 outlook predicts that Jotun will invest 1.
    464 billion Norwegian kroner (approximately US$158 million) in 2019(2018: 1.
    089 billion Norwegian kroner), accounting for about 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.
    Jotun expects that sales will continue to grow in 2020.
    03.
    CMP's net profit in the first three quarters will increase to 1.
    733 billion yen.
    03.
    CMP's net profit in the first three quarters will increase to 1.
    733 billion yen 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.
    The company achieved sales of 65.
    470 billion yen in the first three quarters, a year-on-year decrease of 1.
    8%; net profit was 1.
    733 billion yen, a year-on-year increase of 11.
    6 times.

    Description of performance in China From the perspective 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%.
    Sales in China in the first three quarters were 13.
    762 billion yen, a year-on-year decrease of 24.
    4%.
    The sales of marine coatings and marine coatings were 10.
    113 billion yen, a year-on-year increase of 27.
    1%; 04.
    Tikkurila’s 2019 revenue was US$632 million.
    04.
    Tikkurila’s 2019 revenue was US$632 million.
    On February 12, Tikkurila (Tikkurila) ) Announced the 2019 financial performance report: In 2019, sales revenue was 563.
    8 million euros, or about 631.
    7 million US dollars, an increase of 0.
    4% year-on-year; excluding exchange rate effects, divestments and closures, comparable revenue increased by 1.
    4%.
    In 2019, sales revenue was 563.
    8 million euros, or approximately 631.
    7 million US dollars, an increase of 0.
    4% year-on-year;
    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.
    Net profit was 33.
    2 million euros, a year-on-year increase of 127.
    9%.
    Performance changes explanation Elisa Markula Tikkurila chief executive, said full-year 2019, adjusted operating profit increased by 19.
    5% over the previous year.
    Good profitability has driven strong cash flow growth.
    "Our financial improvement is due to the increase in sales of our high-end brands, and continued price increases to offset high raw material costs and strict cost control.
    " "Our financial improvement is due to the increase in sales of our high-end brands and sustained prices.
    Rising to offset the high raw material costs and strict cost control.
    ” 05.
    Sales revenue of Garboly floor paints increased by 70% 05.
    Sales revenue of Garboly floor paints increased by 70%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.

    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%.
    In 2018, the scale of sales revenue exceeded 100 million yuan (about 160 million yuan), a year-on-year increase of 276%; in 2019, the scale of sales revenue exceeded 200 million yuan (about 270 million yuan), a year-on-year increase of 70%.
    The performance description of each district 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 department of Shandong, Anhui, and Hunan exceeded 20 million, and the sales scale of Zhejiang, Jiangsu, Guangzhou, Shenzhen, and Hubei exceeded 1,000.
    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.
    06 DSM's 2019 revenue of 9 billion euros 06 DSM's 2019 revenue of 9 billion euros 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%.
    The annual sales of 9.
    01 billion euros, an increase of 2%; adjusted net profit was 830 million euros, an increase of 8%; district performance note by regional sales point of view, the Netherlands, the rest of Western Europe, Eastern Europe, North America, Latin America, China, India, Japan, the rest of Asia, and the rest of the world have sales of 2.
    173 billion euros, 2.
    667 billion euros, 197 million euros, 1.
    568 million euros, 722 million euros, 976 million euros , 97 million euros, 136 million euros, and 3.
    70 respectively.
    Billion 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) .
    China sales of 976 million euros (a year-on-year increase of 4.
    05% in 2019)
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.