EBIT affected by significant price increases in raw materials, energy and logistics, as well as write-downs due to war in Eskaro's core markets
EBIT development (mDKK)
228
Estimated
Continuing operations
Covid effect
173
74
99
83
Activities held for sale (Russia and
Belarus) has as part of the
valuation incurred a
41
write-down of 58 mDKK
Including the write-down, activities
held for sale contributed with
a net result of -51 mDKK
2018/19
2019/20
2020/21
2021/22
Write-down
'21/22 incl.
Cont'd Eskaro
write-down
4
Investor presentation Q4 2021/22
Intensifying strategic initiatives will drive profitable growth & efficiency
Key strategic initiatives towards 2023/24
CSR targets towards 2023/24
1
2
3
4
5
6
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.
ReColor Production
Carbon neutral by 2030
ReColor Packaging
75% recycled plastic by 2030
ReColor Paint
100% sustainable paint by 2030
5
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Flügger group A/S published this content on 28 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 June 2022 10:10:07 UTC.
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.
FLÜGGER GROUP A/S 
