Jotun Achieves Record-High Sales

Jotun continues its growth journey. According to its most recent financial statement, operating revenue from January through August 2025 ended at NOK 22,998 million $2.3 billion). This is up 2% from the same period last year. The operating profit increased 3% to NOK 4,991 million ($500 million).

“This was yet another strong performance, with all-time high sales and earnings both over the last four months and year to date. 2025 will be a good year for us”, says Morten Fon, Jotun’s president and CEO.

Volume growth has been the main driver for Jotun so far in 2025, with all business segments and regions contributing positively. Despite increasing price pressure in most markets, margins remain on a historically high level, helped by both increased premium sales and favorable raw material markets.

“In a time with geopolitical uncertainty and challenging markets, it is good to see that volume is up 7%. We are growing faster than the competition and gaining market shares,” says Fon.

Jotun’s growth over the past years has been supported by a diverse product mix and a vast geographical footprint. Going forward, the Norway-based company looks to expand further.

“We are constantly evaluating new market entries and will continue to search for interesting opportunities. At the same time, we invest heavily in our people, technology and facilities,” says Fon.