Flugger Group A/S 2020 AR2
The report highlights Flügger's strong financial performance in the 2019/20 financial year, with revenue reaching DKK 1,895 million and earnings doubling to DKK 83 million. The company successfully met its efficiency programme targets ahead of schedule, reducing consolidated costs by over DKK 60 million. Flügger updated its strategy to 'Going Green,' focusing on transforming into a supplier of sustainable painting solutions with ambitious 2030 targets, including CO2-neutral production, 75% recycled plastic in packaging, and 100% sustainable paints. Additionally, the company expanded its international presence by acquiring a majority stake in the Polish paint manufacturer Unicell.
Company: Flugger Group A/S
Sector: Manufacturing
Country: Denmark
Year: 2020
Type: AR2
Pages: 28
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Flugger Group A/S
Summary Of Annual Report
The report highlights Flügger's strong financial performance in the 2019/20 financial year, with revenue reaching DKK 1,895 million and earnings doubling to DKK 83 million. The company successfully met its efficiency programme targets ahead of schedule, reducing consolidated costs by over DKK 60 million. Flügger updated its strategy to 'Going Green,' focusing on transforming into a supplier of sustainable painting solutions with ambitious 2030 targets, including CO2-neutral production, 75% recycled plastic in packaging, and 100% sustainable paints. Additionally, the company expanded its international presence by acquiring a majority stake in the Polish paint manufacturer Unicell.
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Document Details
Report Year
2020
Reporting Period
May 1, 2019 - Apr 30, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Employees