Tikkurila's Business Review for January-September 2016
Tikkurila OyjStock Exchange ReleaseOctober 28, 2016 at 9:00 a.m. (CET+1) Tikkurila's Business Review for January-September 2016 Tikkurila's revenue for the third quarter decreased by 5.9 percent to EUR 158.0 million (7-9/2015: EUR 168.0 million). Adjusted operating profit totaled EUR 23.7 (26.0) million, i.e. 15.0 (15.5) percent of revenue. "The third quarter was disappointing after the strong second quarter. Sales volumes decreased in Russia and Finland during the third quarter. In Russia, the markets were weighed down by low purchasing power among consumers, while the wet