All-time high from Jotun

The global paint and coatings manufacturer continues its growth journey. According to the financial statement released today, operating revenue from January through August ended at NOK 22 998 million. This is up 2 per cent from the same period last year. The operating profit increased 3 per cent to NOK 4 991 million.

“This was yet another strong performance, with all-time high sales and earnings both over the last four months and year to date. 2025 will be a good year for us”, says President and CEO Morten Fon.

Gaining market shares

Volume growth has been the main driver for Jotun so far in 2025, with all business segments and regions contributing positively. Despite increasing price pressure in most markets, margins remain on a historically high level, helped by both increased premium sales and favorable raw material markets.

“In a time with geopolitical uncertainty and challenging markets, it is good to see that volume is up 7 per cent. We are growing faster than competition and gaining market shares”, says Fon.

Looking ahead

Jotun’s growth over the past years has been supported by a diverse product mix and a vast geographical footprint. Going forward, the Norway-based company looks to expand further.

“We are constantly evaluating new market entries and will continue to search for interesting opportunities. At the same time, we invest heavily in our people, technology and facilities”, says Fon.

Jotun is well positioned for further profitable growth and remains committed to its long-term strategy and investment plans.

Key financials

Further information

Morten Fon, President & CEO, +47 909 19 822, morten.fon@jotun.no

Øyvind W. Haugå, Group Communications Director, +47 957 47 495, Oyvind.willumsen.hauga@jotun.no

Photo: Morten Rakke