Flügger group A/S

FLUG B

DK0010218189

Commodity Chemicals

Market Closed - Nasdaq Copenhagen Other stock markets 10:51:50 2024-05-17 am EDT			5-day change	1st Jan Change
362 ^DKK	+0.56%		+5.85%	+11.04%

Mar. 19	Flügger group A/S Reports Earnings Results for the Third Quarter and Nine Months Ended January 31, 2024	CI
2023	Flügger group A/S Reports Earnings Results for the Second Quarter and Six Months Ended October 31, 2023	CI

Flügger A/S : Half-year 2021/22

December 17, 2021 at 04:09 am EST

IR presentation Q2

December 2021

Flügger Management team

The management team of Flügger

Sune Schnack, CEO	Poul Erik Stockfleth, CFO	Ulf Schnack, CDO

	Previous experience		Previous experience	Previous experience

Flügger at a glance

Key LTM figures H1 20/21

Revenue mDKK

EBIT mDKK

2,377 219

Full-time employees

Markets

2,526 17

End of Q2 21/22

No. factories

No. stores

12388

Flügger's Business model

Production

Sales channels

Customers

Own stores

BtB

Franchise stores

R&D	E-commerce
BtC

DIY etc.

Brand examples

	Segment 1


Private label	Segment 2


Private label	Segment 3

Flügger is an international player within decorative coatings

Largest west markets (revenue DKKm)		Largest east markets (revenue DKKm)
Denmark	= share of	Russia
	Flügger revenue

795					171
#1	#2	#3	#1	#2	#3

Sweden

Estonia

604
#1	#2	#3
		Norway
239
#1	#2	#3

		50
#1	#2	#3
Ukraine

		117
#1	#2	#4-5

		Poland
412
#1	#2	#4-5

export and other markets

Belarus

		49
#1	#2	#3

Intensifying strategic initiatives will drive profitable growth & efficiency

Key strategic initiatives towards an EBIT of 350 mDKK in 2023/24

Key strategic targets towards 2023/24

VALUE BASED PRICING

COMMERCIAL FOOTPRINT

COMPOUND GROWTH

OPERATIONAL FOOTPRINT

ASSORTMENT

STOCK
DIGITALISATION

Optimization of pricing across product and segments as well as focusing on margin enhancing initiatives.

Consolidation of own stores and expansion of franchise stores; in addition, focusing on direct deliveries.

Growth to be derived from a combination of acquisitions and organic initiatives.

Optimization of production sites and development of logistical footprint.

Harmonized assortment across core markets and utilize synergies within GFR across segments and channels.

Customer centric digitalization and automated aligned processes.

Revenue	EBIT	ROCE
3.5	10%	18%
bDKK	margin

Sustainability targets towards 2030*

ReColor Production

Carbon neutral by 2030

ReColor Packaging

75% recycled plastic by 2030

ReColor Paint

100% sustainable paint by 2030

* Above sustainability targets (ReColor) are set for Flügger products (segment 1) only. Separate targets will run for segment 2 and segment 3	5
5

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Flügger group A/S published this content on 17 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 December 2021 09:08:03 UTC.

Latest news about Flügger group A/S

Flügger group A/S Reports Earnings Results for the Third Quarter and Nine Months Ended January 31, 2024	Mar. 19	CI
Flügger group A/S Reports Earnings Results for the Second Quarter and Six Months Ended October 31, 2023	Dec. 12	CI
Lassier Engineering Ltd acquired additional 70% stake in Eskaro Group AB from Flügger group A/S (CPSE:FLUG B).	Nov. 09	CI
Booking to Appeal EU Decision to Block Proposed Acquisition of Etraveli -- Update	23-09-25	DJ
EU Blocks Booking's Proposed Acquisition of Etraveli	23-09-25	DJ
Flügger group A/S Reports Earnings Results for the First Quarter Ended July 31, 2023	23-09-14	CI
FlÃ¼gger group A/S Reports Earnings Results for the Full Year Ended April 30, 2023	23-06-27	CI
Flügger group A/S Reports Earnings Results for the Third Quarter and Nine Months Ended January 31, 2023	23-03-15	CI
Flügger group A/S Reports Earnings Results for the Third Quarter and Nine Months Ended January 31, 2023	23-03-15	CI
Flügger group A/S Reports Earnings Results for the Second Quarter and Six Months Ended October 31, 2022	22-12-12	CI
Flügger group A/S Reports Earnings Results for the First Quarter Ended July 31, 2022	22-09-13	CI
Companies sell their businesses in Russia	22-07-18	RE
Flügger group A/S Reports Earnings Results for the Full Year Ended April 30, 2022	22-06-21	CI
Factbox: Companies sell their businesses in Russia	22-06-17	RE
Flügger group A/S Reports Earnings Results for the Third Quarter and Nine Months Ended January 31, 2022	22-03-17	CI
Flügger group A/S(CPSE:FLUG B) dropped from OMX Nordic Small Cap Index	22-01-04	CI
Flügger group A/S Reports Earnings Results for the Second Quarter and Six Months Ended October 31, 2021	21-12-15	CI
Flügger group A/S Reports Earnings Results for the First Quarter Ended July 31, 2021	21-09-14	CI
Flügger Group A/S Reports Earnings Results for the Full Year Ended April 30, 2021	21-06-24	CI
Michael Mortensen acquired additional 16.7% stake in Flügger group A/S (CPSE:FLUG B) for for approximately DKK 320 million.	21-01-17	CI
Flügger Group A/S Reports Earnings Results for the Second Quarter Ended October 31, 2020	20-12-17	CI
Flügger group A/S (CPSE:FLUG B) entered into an agreement to acquire 70% stake in Eskaro Group AB.	20-11-23	CI
Flügger group A/S Reports Earnings Results for the First Half of Fiscal Year 2020	19-12-04	CI
Flügger group A/S (CPSE:FLUG B) acquired 60% stake in Przedsiebiorstwo Produkcyjno Handlowe Unicell Poland Sp Z O O for DKK 87 million.	19-11-24	CI
Flügger group A/S Reports Earnings Results for the First Quarter of Fiscal 2020	19-09-08	CI

Chart Flügger group A/S

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Company Profile

Flugger group A/S, formerly Flugger A/S, is a Denmark-based company engaged in the design, manufacturing and marketing of paints and other products for surface treatment. The Company specializes in decorative paints, wood stains, spackling pastes, cleaning products, wallpapers, and tools, among others. Apart from Flugger, the Company operates under three brand names: DAY-system, Fiona and PP Mester Maling. It controls factories in Denmark, Sweden, China and Poland, as well as a retail chain, named Flugger Decor, which is located in Scandinavia, Eastern Europe and China. Furthermore, the Company owns a number of subsidiaries, such as Flugger AB, PP Mester Maling A/S, DAY-system A/S, DAY-System AB, Flugger ehf, Flugger Limited, and Flugger Sp Zoo.

Sector

Commodity Chemicals

Calendar

2024-06-26 - Q4 2024 Earnings Release

More about the company

Income Statement Evolution

More financial data

Sector Paint & Coating

	1st Jan change	Capi.
FLÜGGER GROUP A/S	+11.04%	158M
THE SHERWIN-WILLIAMS COMPANY	+0.16%	79.24B
ASIAN PAINTS LIMITED	-17.22%	32.36B
PPG INDUSTRIES, INC.	-10.13%	31.64B
NIPPON PAINT HOLDINGS CO., LTD.	+4.52%	17.65B
RPM INTERNATIONAL INC.	+1.68%	14.62B
AXALTA COATING SYSTEMS LTD.	+4.92%	7.86B
BERGER PAINTS INDIA LIMITED	-18.25%	6.89B
SKSHU PAINT CO.,LTD.	+3.95%	3.61B
KANSAI PAINT CO., LTD.	-8.45%	3B

Paint & Coating

Flügger group A/S

Equities

FLUG B

DK0010218189

Commodity Chemicals

Flügger A/S : Half-year 2021/22

Latest news about Flügger group A/S

Chart Flügger group A/S

Company Profile

Income Statement Evolution

Sector Paint & Coating