Latest news with #Jotun
Arab News
17 hours ago
- Business
- Arab News
Jotun Saudi celebrates 40 years of innovation and growth
Jotun, one of the world's leading manufacturers of paints and coatings, is celebrating 40 years of successful operations in Saudi Arabia, marking four decades of contribution to the Kingdom's most iconic landmarks and infrastructure development. Since establishing its first Saudi operations in 1985, Jotun has become deeply embedded in the nation's architectural heritage, protecting and beautifying structures that define the Saudi skyline. Since the inception of the Kingdom's modern infrastructure development through to today's ambitious mega-projects, Jotun's protective and decorative coatings have preserved majority of iconic landmarks that symbolize Saudi Arabia's progress. 'Our success over the past 40 years is built on a strong team, deep-rooted values, and a stable long-term strategy that has enabled us to contribute to national infrastructure and support sustainable development,' said Morten Fon, president and CEO of Jotun Paints. 'As we look to the future, we remain committed to offering innovative, high-performance solutions that meet the needs of a transforming nation.' Over the past four decades, the company has delivered approximately 2 billion liters of paint, coating more than 300 million square meters across Saudi Arabia. The company's presence has grown to include 500 Multicolor Centers throughout the Kingdom, creating a network that provides a curated, personalized experience for professional and homeowners alike. Looking to the future, Jotun Saudi Arabia has announced plans to double its production capacity through significant investments in Jotun's manufacturing facilities in Yanbu. The expansion will incorporate advanced technologies that enhance both production efficiency and sustainability. 'As Saudi Arabia continues its remarkable transformation, we are expanding our capabilities to meet growing demand,' said Martin Chew, vice president Middle East and Africa. 'This investment reflects our commitment to local manufacturing excellence and our confidence in the Kingdom's continued development.' 'This 40-year milestone is not only a celebration of our past, but a commitment to the future,' Fon added. 'Our legacy is defined by our values, long-standing partnerships, premium products, and great people. We will continue to deliver reliable paint solutions for protection, performance, and beauty to the Kingdom for generations to come.' To mark this important milestone, Jotun Saudi has planned a year-long series of celebratory events to honor its employees, partners, and legacy — reinforcing its deep-rooted connection with the Kingdom and its people.
Saudi Gazette
a day ago
- Business
- Saudi Gazette
Jotun Saudi commemorates 40 years of innovation and growth
Jotun, one of the world's leading manufacturers of paints and coatings, is celebrating 40 years of successful operations in Saudi Arabia, marking four decades of contribution to the Kingdom's most iconic landmarks and infrastructure development. Since establishing its first Saudi operations in 1985, Jotun has become deeply embedded in the nation's architectural heritage, protecting and beautifying structures that define the Saudi skyline. Since the inception of the Kingdom's modern infrastructure development through to today's ambitious megaprojects, Jotun's protective and decorative coatings have preserved majority of iconic landmarks that symbolize Saudi Arabia's progress. 'Our success over the past 40 years is built on a strong team, deep-rooted values, and a stable long-term strategy that has enabled us to contribute to national infrastructure and supporting sustainable development,' said Morten Fon, President and CEO of Jotun Paints. 'As we look to the future, we remain committed to offering innovative, high-performance solutions that meet the needs of a transforming nation.' Over the past four decades, the company has delivered approximately two billion liters of paint, coating more than 300 million square meters across Saudi Arabia. The company's presence has grown to include 500 Multicolour Centres throughout the Kingdom, creating a network that provides a curated, personalized experience for professional and homeowners alike. Looking to the future, Jotun Saudi Arabia has announced plans to double its production capacity through significant investments in Jotun's manufacturing facilities in Yanbu. The expansion will incorporate advanced technologies that enhance both production efficiency and sustainability. "As Saudi Arabia continues its remarkable transformation, we are expanding our capabilities to meet growing demand,' said Martin Chew, Vice President Middle East and Africa. "This investment reflects our commitment to local manufacturing excellence and our confidence in the Kingdom's continued development." 'This 40-year milestone is not only a celebration of our past, but a commitment to the future,' Fon added. 'Our legacy is defined by our values, long-standing partnerships, premium products, and great people. We will continue to deliver reliable paint solutions for protection, performance, and beauty to the Kingdom for generations to come.' To mark this important milestone, Jotun Saudi has planned a year-long series of celebratory events to honor its employees, partners, and legacy—reinforcing its deep-rooted connection with the Kingdom and its people.
Mid East Info
a day ago
- Lifestyle
- Mid East Info
The New Emotional Interior: How Colour is Reshaping the Way We Live at Home
When was the last time a colour moved you? Not just caught your eye, but genuinely shifted your mood, made you feel grounded, energised, more you. At home, where we pause, recharge, and reset, colour isn't just about design but its emotional architecture. Tapping into this growing shift toward sensory design, Jotun's newest palette is crafted to evoke feelings, not just follow trends. Whether it's a soft beige that wraps your room in warmth, or a tranquil sage that hushes the noise of a long day, colour has the power to recalibrate your emotional landscape. This season, Jotun spotlights key emotional colour energies: Restless? Look to cool, dusty blues that are perfect for bedrooms or reading corners Craving clarity? Earthy greens and soft taupes help focus and anchor the mind making it ideal for home offices Seeking warmth? Muted peach and creamy neutrals bring a gentle glow to any space. Every shade you see is part of Jotun's Nuances selection and comes in your choice of a smooth matt or sleek silk finish, thanks to their Fenomastic Wonderwall Lux and Wonderwall Life ranges, where beauty meets durability (and a little bit of magic). Whether you're painting a single wall or reviving an entire room, Jotun encourage homeowners to pick just one colour, the one that speaks to them and notice how it shifts the way you breathe, move, and feel at home. Because colour isn't just a visual experience, it's an emotional one.
Yahoo
15-07-2025
- Business
- Yahoo
Orkla ASA (ORKLF) Q2 2025 Earnings Call Highlights: Strong Organic Growth Amidst Sector Challenges
Organic Growth: 3.8%, driven by price increases and volume growth. Adjusted Earnings Per Share: NOK1.56, up 0.6% from the same period last year. Operating Revenue: Increased by 5% year-over-year in the second quarter. EBIT Adjusted Growth: 6%, driven by profit growth in most portfolio companies. Profit from Jotun and Associated Companies: NOK422 million in the quarter. EBITA Adjusted Margin: 10.3% for the consolidated portfolio companies, up 0.6 percentage points over the last 12 months. Cash Flow from Operations: NOK2.4 billion in the first half, a decline of NOK0.4 billion year-over-year. Net Interest-Bearing Debt Level: 2 times EBITDA, or 1.6 times excluding Orkla Food Ingredients. Orkla Food Ingredients Organic Growth: 9.2%, with a 20% increase in underlying EBITDA adjusted growth. Orkla Health Organic Growth: 2.2%, with a 21% decline in underlying EBIT. Orkla India Underlying EBIT Adjusted Growth: 20% excluding government grants. European Pizza Company Organic Revenue Growth: 1.2%, with an 11% increase in underlying EBIT adjusted growth. Warning! GuruFocus has detected 2 Warning Sign with ORKLF. Release Date: July 14, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Orkla ASA (ORKLF) achieved an organic growth of 3.8%, primarily driven by price increases and a return to volume growth. Orkla Food Ingredients delivered a strong quarter with top-line growth and successful cost program implementation in the Sweet cluster. Orkla India reported an impressive underlying EBIT adjusted growth of 20%, excluding government grants. The group's operating revenue rose by 5% year-over-year, driven by organic sales growth in the consolidated portfolio companies. Orkla Snacks achieved organic growth of 4.3%, with positive contributions from biscuits and snacks. Orkla Health had a weak quarter with a 21% decline in underlying EBIT, driven by volume mix declines and high cod liver oil prices. The decline in net profit versus last year was mainly due to timing of tax expense recognition between the first and second quarter. Cash flow from operations in the first half declined by NOK0.4 billion year-over-year due to increased net working capital and higher net replacement investments. Orkla Snacks faced continued pressure from high cocoa prices, impacting profitability despite flat underlying EBIT adjusted. Orkla Foods experienced a 1.8% decline in underlying EBIT adjusted due to lower activity levels in key categories in the Norwegian market and increased advertising spend. Q: Can you discuss the factors driving the volume mix strength in Orkla Food Ingredients, particularly in the Sweet Ingredients segment, and its sustainability? A: Nils Selte, CEO, explained that the Sweet Ingredients segment has benefited from a successful cost initiative program and positive market momentum in both the US and Europe. These factors, combined with the cost program, are expected to sustain growth moving forward. Q: What has caused the abrupt slowdown in Orkla Health, and what are the plans for addressing it with the new CEO? A: Nils Selte noted a broad-based negative volume development and increased advertising and organizational costs. The new CEO, Mats, will focus on turning the company around and developing a future strategy. Q: What was the impact of inventory reductions on Orkla Foods in Q2, and is this reduction ongoing? A: Nils Selte stated that the inventory levels have normalized, and they are not providing specific details on customer impacts. Q: Can you provide an update on the international expansion of BUBs? A: Nils Selte mentioned that the BUBs launch is planned for Q3, but it is a long-term initiative and not expected to impact Q3 numbers immediately. Q: How are cocoa prices affecting Orkla Snacks, and what is the outlook for Q3? A: Arve Regland, CFO, indicated that cocoa prices continue to impact profitability, but Orkla Snacks has managed to maintain flat EBIT despite these challenges. The impact will persist in the coming quarters. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Campaign ME
26-06-2025
- Business
- Campaign ME
Jotun reveals rollout, success of its 50th Anniversary UAE campaign
Paints and coatings manufacturer Jotun recently celebrated its golden milestone – 50 years of inspiring the visual and architectural landscape in the UAE – with its 'Jotun Paints 50th Anniversary' campaign across the UAE. In conversation with Campaign Middle East, Kjetil Urheim, Managing Director, Jotun UAE, said, 'The campaign's primary goal was to celebrate the brand's half-century legacy in the UAE. The mandate highlighted Jotun's evolution from its initial marine paint operations to becoming a leading provider of decorative and performance coatings in the region.' Urheim added, 'Key objectives included reinforcing Jotun's market leadership, showcasing its commitment to innovation and sustainability, and strengthening emotional connections with long-term stakeholders and the broader community.' Jotun Paints 50th Anniversary campaign rollout The campaign was rolled out through an integrated approach, which included out-of-home billboards across the UAE. Prominent locations across Dubai featured massive front-lit hoardings at strategic points such as Al Khail Road in the Dubai Mall area, as well as on Mohammed Bin Zayed Road, and digital unipoles at Hessa Street and Umm Suqeim Street, reaching significant traffic flow. Additionally, an extensive social media and influencer strategy witnessed participation from more than 50 influencers, resulting in approximately 100 social media posts. Prominent personalities included Mohamed Moneim, Sheen Gurib, Noor Alhajaj, and RJ Bravo. The OOH and strategic placements ensured broad visibility, creating buzz around the landmark anniversary and capturing attention from diverse demographics across Dubai. The influencer collaborations were instrumental in generating authentic, organic content, ensuring extensive reach and engagement across varied audience segments, thus amplifying brand conversations. The campaign also included the rollout of a comprehensive media strategy, focused on securing placements and interviews with leading local publications throughout the year. A flagship event was hosted over two days, attracting more than 1,000 guests, including long-standing customers, partners, media, and influencers. The brand also held an exclusive press conference attended by prominent media publications such as Savoir Flair, Gulf News, Al Khaleej, and Fan Radio Network channels, among others. 'The media partnerships and interviews positioned Jotun UAE as a thought leader, reinforcing its legacy, industry leadership and commitment to the region. Meanwhile, the exclusive celebratory event provided a platform for personal interactions, storytelling and showcasing the brand's heritage and future aspirations. These collectively supported the overarching objectives of reinforcing brand stature, celebrating milestones, and nurturing deeper connections within the UAE community,' The event secured coverage across major broadcast channels, including Emirates News and Sama Dubai TV, as well as a full-page story on Page 3 of Gulf News, featured across print and digital. View this post on Instagram A post shared by Emirates News (@emirates_news) The campaign was brought to life by OOH agency Hikaya Middle East, event agency Whisper International, printing agency PSI Printing, Options Designs & Saturday Communications, and PR agency Ruder Finn Atteline. Reviewing the success of the campaign Extensive influencer collaboration played a critical role in the success of the campaign. More than 50 macro-influencers and micro-influencers participated, significantly amplifying the campaign's visibility. 'Influencer-generated content reached a combined audience of approximately 2.7 million, creating considerable social media buzz and authentic engagement that reinforced the campaign's celebratory message,' Urheim told Campaign Middle East. He added, 'With a total circulation of more than 2.7 million and social media circulation exceeding 1.4 million, reach and impressions were above expectations. In terms of media value, the campaign achieved a PR value exceeding $195,900, alongside significant advertising equivalency value of approximately $65,300.' Additionally, through word-of-mouth, the brand's event witnessed strong attendance, as well as social media mentions, and positive feedback from influencers and attendees. Most importantly, the campaign built brand affinity and loyalty. It strengthened relationships with longstanding customers, media, influencers and industry stakeholders, as reflected in qualitative feedback and subsequent media coverage. CREDITS: Client: Jotun Paints OOH agency: Hikaya Middle East Event agency: Whisper International Printing agency: PSI Printing, Agencies: Options Designs and Saturday Communications PR agency: Ruder Finn Atteline
