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Share 2016-09-27 12:16 RATOS B 39.56 SEK

Jøtul

  • Eskil Zapffe

    CEO

The Norwegian company Jøtul is a global supplier of stoves and fireplaces with its main production facilities in Norway and Denmark.

In 2015 sales amounted to SEK 930m and EBITA to SEK 0m. Average number of employees 595.

Development 2016

(From Ratos's interim report January-June 2016)

  • Sales increase by +7% (+1% adjusted for currency effects) mainly driven by higher demand in Norway. Improved earnings due to previously implemented restructuring and efficiency programmes
  • Continued intense focus on improving production efficiency

Read more about Jøtul