Tikkurila’s profitability clearly improved in Q2/2020
Tikkurila’s profitability clearly improved in Q2/2020 Tikkurila Oyj, Insider information, 9 July 2020, at 13.35 (EEST) Tikkurila withdrew its financial guidance for 2020 on March 27, 2020 due to weakened visibility caused by the Covid-19 pandemic. In the absence of guidance, Tikkurila exceptionally shares the advance information on Tikkurila Group’s revenue and operating profit during Q2/2020 and H1/2020. Due to the pandemic, demand has fluctuated rapidly and significantly in Tikkurila’s core markets. During the second quarter, the positive development with revenue and