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    TIK1V   FI4000008719

TIKKURILA OYJ

(TIK1V)
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Tikkurila Oyj : Amendment of disclosure policy of Tikkurila Oyj

10/01/2021 | 02:09am EST
The Board of Directors of Tikkurila Oyj ("Tikkurila" or the "Company") has today resolved to amend the Company's disclosure policy so that on a yearly basis the Company will publish only a financial statement release and a half-year report.

The Company's updated disclosure policy is available on its website. As a consequence of this amendment, the Company is also updating its financial reporting calendar, which was published on 28 August 2020, to reflect that the January-September 2021 business review will not be published.

DISTRIBUTION

Nasdaq Helsinki Ltd

Main news media

For further information, please contact:

Sanna Lehti, General Counsel
tel. +358 40 5111757
sanna.lehti@tikkurila.com

About Tikkurila

Tikkurila offers decorative paints for consumers and professionals for surface protection and decoration. In addition, the Company produces paints and coatings for the metal and wood industries.

Tikkurila's business highlights high-quality and long-term product development and considerable marketing investments. The Company's brands include, among others, Tikkurila, Beckers, Alcro, Teks, and Vivacolor. Tikkurila uses the Beckers brand only in its decorative paints in Scandinavian countries as well as in some parts of Eastern Europe under a license from Aktiebolaget Wilh. Becker, obtained in conjunction with its acquisition of Alcro-Beckers AB in 2001. Important factors in the Company's operations include a functioning and extensive distribution network, diverse services and an efficient supply chain. Tikkurila has seven (7) production facilities in six (6) countries and around two thousand four hundred (2,400) employees. Tikkurila's products are available in more than forty (40) countries. Further information about Tikkurila may be found from the following website www.tikkurilagroup.com.

Sustainable Nordicness
Tikkurila is a leading Nordic paint company with expertise that spans decades. We develop premium products and services that provide our customers with quality that will stand the test of time and weather. We operate in 11 countries and our 2,400 dedicated professionals share the joy of building a vivid future through surfaces that make a difference. In 2020, our revenue totaled EUR 582 million. The company is listed on Nasdaq Helsinki. Nordic quality from start to finish since 1862.

www.tikkurilagroup.com

https://news.cision.com/tikkurila/r/amendment-of-disclosure-policy-of-tikkurila-oyj,c3425338

(c) 2021 Cision. All rights reserved., source Press Releases - English

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Financials
Sales 2021 594 M - -
Net income 2021 - - -
Net Debt 2021 - - -
P/E ratio 2021 -
Yield 2021 -
Capitalization 1 500 M 1 737 M -
Capi. / Sales 2021 2,52x
Capi. / Sales 2022 -
Nbr of Employees 2 615
Free-Float 1,92%
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Managers and Directors
Markus Melkko Chief Executive & Financial Officer
Michael H. McGarry Chairman
Fredrik Linde Senior Vice President-Operations
Timothy M. Knavish Director
Laura Alvarez Director
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