Tikkurila Oyj: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
Tikkurila Oyj to Change Segment Reporting Structure from Beginning of 2014
Tikkurila Oyj announced that its Board of Directors has decided to change the external reporting structure of the Company. As of January 1, 2014, Tikkurila's reporting will be divided into the following two reporting segments based on geography, instead of the previous four: SBU West consists of Sweden, Denmark, Norway, Finland, Poland, Germany, Estonia, Latvia, and Lithuania. SBU East consists of Russia, Central Asian countries, Ukraine, Belarus, Serbia, Macedonia, and China. Furthermore, this SBU is responsible for the exports to approximately 20 countries. The change in reporting structure will have no effect on the organization of Tikkurila's business operations. The new SBU West business unit accounted for less than 60% and the new SBU East for over 40% of the full-year 2012 revenue. The first interim report based on the new reporting structure will be published on May 8, 2014 (interim report for January-March 2014). The pro forma figures of the new business units will be published prior to the disclosure of the first quarter interim report.
Latest Developments for Tikkurila Oyj
- Share this
- Digg this