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Jøtul AS: Jotul Holdings SA - Annual report and the report of the Réviseur d'Entreprises Agréé for the year ended 31 December 2020


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The revenue in 2020 declined by 6.1%, to MNOK 905.5 compared to MNOK 961.1 in 2019. The decline is less than initially anticipated at the outbreak of the COVID-19 pandemic in March 2020. In the second half of 2020 we have seen a strong recovery the market, fueled by high activities in the home improvement segments and also towards the year-end with a cold season and high electricity cost. The order backlog as per 31 December 2020 was MNOK 122, up by MNOK 93 compared to 2019. In 2020, the Jotul Group reached a consolidated operating income of MNOK 911.5 (2019: MNOK 973.9). The 2020 total comprehensive loss for the year was MNOK -125.7 (2019: MNOK -85.7). The operating result of year totaled MNOK -65 in 2020 (2019: MNOK -27.4). In addition to the furlough schemes launched in Norway and USA, the negative impact is mainly linked to the delay in the ramp-up the production in new production facilities in Poland. The lock down and travel restrictions caused delays in tuning the p ....

United States , Kostenloser Wertpapierhandel , Jotul Group , Nordea Bank , Jotul Holdings , Operating Result , Revolving Credit Facility , ஒன்றுபட்டது மாநிலங்களில் , ஜொத்துள் குழு , ஜொத்துள் ஹோல்டிங்ஸ் , இயங்குகிறது விளைவாக , சுழலும் கடன் வசதி ,

Investegate |Jøtul AS Announcements | Jøtul AS: Jotul Holdings SA - Annual report and the report of the Réviseur d'Entreprises Agré for the year ended 31 December 2020


Jøtul AS
Jotul Holdings SA - Annual report and the report of the Réviseur d’Entreprises Agré for the year ended 31 December 2020
Jotul Holdings SA - Annual report and the report of the Réviseur d’Entreprises Agréé for the year ended 31 December 2020
The revenue in 2020 declined by 6.1%, to MNOK 905.5 compared to MNOK 961.1 in 2019. The decline is less than initially anticipated at the outbreak of the COVID-19 pandemic in March 2020. In the second half of 2020 we have seen a strong recovery the market, fueled by high activities in the home improvement segments and also towards the year-end with a cold season and high electricity cost. The order backlog as per 31 December 2020 was MNOK 122, up by MNOK 93 compared to 2019. In 2020, the Jotul Group reached a consolidated operating income of MNOK 911.5 (2019: MNOK 973.9). The 2020 total comprehensive loss for the year was MNOK -125.7 (2019: MNOK -85.7). The operating result of year totaled MNOK -65 in 2020 ....

United States , Jotul Group , Nordea Bank , Jotul Holdings , Entreprises Agr , Operating Result , Revolving Credit Facility , ஒன்றுபட்டது மாநிலங்களில் , ஜொத்துள் குழு , ஜொத்துள் ஹோல்டிங்ஸ் , இயங்குகிறது விளைவாக , சுழலும் கடன் வசதி ,