Tikkurila Group

Tikkurila is a leading Nordic paint industry professional known for its strong brands, high-quality surface treatment products and expert services, which ensure the best possible user experience in the market.


Our largest markets are Sweden, Russia, Finland, Poland and the Baltic countries. We have production in nine countries, and we are the leading decorative paint company in all our main markets. On the whole, our products are available in more than 40 countries.


In 2016, Tikkurila’s revenue totaled EUR 572 million, and it had some 3,000 employees. Our headquarters is located in Vantaa, Finland. Tikkurila was established in 1862, and our shares have been listed on NASDAQ OMX Helsinki since 2010.


Products and services for consumers and professionals

Tikkurila offers a broad range of decorative paints for consumers and professionals for surface protection and decoration. The product offering includes, among others, interior paints, lacquers, and effect products, exterior products for wood, masonry, and metal surfaces, as well as services related to painting. In addition, Tikkurila produces paints and coatings for the metal and wood industries. Tikkurila's business highlights strong brands, generated through high-quality and long-term product development and considerable marketing investments. Tikkurila's brands include, among others, Tikkurila, Beckers, Alcro, Teks, and Vivacolor. In addition to the strong brands, important factors in our operations include a functioning and extensive distribution network, diverse services and an efficient supply chain.

Consumers and professionals are the end users of Tikkurila’s products and services. Consumers (mainly so-called DIY, or do-it-yourself, customers) and professionals (contractors, designers, house managers, construction companies, developers, influencers, industrial customers) are primarily served through different hardware stores or smaller paint stores. Industrial customers are served either directly or through the Tikkurila Industrial Paint Service retailer network.

 

Our customers
*management estimate

 

Tikkurila sells decorative paints primarily to home improvement stores, paint store chains, and independent paint retailers that re-sell Tikkurila’s products to consumers. In Scandinavia, Tikkurila also has its own paint stores. Tikkurila’s industrial coatings are sold either directly to customers or through the Tikkurila Industrial Paint Service retailer network. Only authorized industrial coating retailers are allowed to use Tikkurila Industrial Paint Service brand.

 


Tikkurila in figures (2016)

  • Established in 1862
  • 12 production facilities in nine countries
  • Revenue EUR 572.0 million
  • Adjusted operating profit EUR 54.0 million
  • Personnel at year-end 3,033

Tikkurila's market position

  • # 1 in Finland, Sweden, Russia and the Baltic countries*
  • # 4 in Poland*
  • # 8 in Europe
  • # 25 in the world

Based on revenue

*In decorative paints


Revenue
 
Adjusted operating profit
ROCE
 
Gearing