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OFFON
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    TIK1V   FI4000008719

TIKKURILA OYJ

(TIK1V)
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Business Summary
Tikkurila Oyj is a Finland-based company active in the paint industry. It provides consumers, professionals and the industry with products for protecting and decorating surfaces. The Company’s operations are divided into four strategic business units (SBU’s): SBU East, SBU Scandinavia, SBU Finland and SBU Central Eastern Europe (CEE). The Company offers products, including interior paints, lacquers, and effect products, exterior products for wood, masonry, and metal surfaces, as well as services related to painting, among others. In addition, the Company produces paints and coatings for the metal and wood industries. The Company sells decorative paints primarily to home improvement stores, paint store chains, and independent paint retailers. The Company also has its own paint stores. It has four main strategic brands, which include Alcro, Teks, Tikkurila and Vivacolor, as well as a number of local brands, which comprise Beckers, Finncolor, Gamma and Jedynka, among others.

Number of employees : 2 422 people.
Sales per Business
20192020Delta
SBU West370.0565.6%397.9668.4% +7.54%
SBU East193.7934.4%184.0731.6% -5.02%
EUR in Million
Sales per region
20192020Delta
Russia143.6325.5%133.5823% -6.99%
Sweden118.7221.1%131.3222.6% +10.61%
Other Countries120.9821.5%126.6321.8% +4.67%
Finland91.1516.2%97.8516.8% +7.36%
Poland89.3615.8%92.5915.9% +3.62%
EUR in Million
Managers
Name Title Age Since
Markus Melkko Chief Executive & Financial Officer 45 2021
Fredrik Linde Senior Vice President-Operations 49 2018
Mervi Pohjoisaho Investor Relations Contact - -
Oskari Vidman Senior Vice President-Sales West Division 44 2020
Roman Ivashko Senior VP-Sales East Division 51 2020
Meri Vainikka Senior Vice President-Offering 49 -
Anders Rotkirch Senior Vice President-Transformation & ICT 40 2019
Sanna Lehti General Counsel 49 2019
Melisa Bärholm Senior Vice President-Human Resources 53 2017
Members of the board
Name Title Age Since
Michael McGarry Chairman 62 2021
Timothy M. Knavish Director 55 2021
Laura Alvarez Director 49 2021
Emmanuelle Guérin Director 46 2021
Steven Pocock Director 58 2021
Rocco Semeraro Director 40 2021
Vadlamannati Ramaprasad Director 58 2021
Andrei Pantioukhov Director 48 -
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 44,108,252 848,741 1.9% 2,371 0.0% 1.9%
Shareholders
NameEquities%
Paasikivi Family 8,828,051 20.0%
PPG Industries, Inc. 4,112,206 9.32%
DWS Investment GmbH 2,283,427 5.18%
Intrinsic Value Investors (IVI) LLP 2,203,071 4.99%
Fidelity Management & Research Co. LLC 2,180,079 4.94%
Lannebo Fonder AB 1,800,000 4.08%
Keskinäinen Työeläkevakuutusyhtiö Varma 1,693,525 3.84%
Mawer Investment Management Ltd. 1,646,676 3.73%
Threadneedle Asset Management Ltd. 1,554,664 3.52%
Handelsbanken Fonder AB 1,140,526 2.59%
Holdings
NameEquities%Valuation
TIKKURILA OYJ (TIK1V) 2,371 0.0054% 95,161 USD
Company contact information
Tikkurila Oyj
Heidehofintie 2
Vantaa, Uusimaa 01301

Phone : +358.20.191.2000
Web : http://www.tikkurilagroup.com
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