Nordic paint products group Flügger has reported moderate growth in the first quarter of its 2025/26 accounting period, driven by both private consumers and professional painters. Total revenue rose 3% to DKK 653 million, with organic growth of 2%.
© Flugger
The gains were partly offset by the company's downsizing of low-price and private label products, which particularly affected sales in Denmark. International markets performed well, with Poland contributing to a 7% increase in overseas sales.
CEO Sune Schnack highlighted that the company's performance reflects "high delivery reliability and stable quality," attributing success to skilled employees and partners. He also emphasised that the shift towards professional master painter products strengthens the core business, offering more focus and profitability.
Flügger maintains its 2025/26 guidance, expecting turnover of DKK 2,200–2,400 million and an operating profit of DKK 100–120 million. Following the announcement, the company's share fell 0.6% to DKK 330, after an earlier 1.2% increase.
The update demonstrates Flügger's ability to balance strategic product realignment with steady growth, while preparing for future expansion in both domestic and international markets.
Source: www.wood-supply.dk
