J

Jotun

Global manufacturer of paints and coatings

Overview

Jotun makes paints and coatings for ships and buildings. It develops and manufactures marine paints and protective coatings, which are applied through a global network of production facilities and distribution partners. It differentiates itself through its family-owned private status, long history, global footprint, and a safety-focused culture following a 1976 factory fire. Its goal is to protect and beautify vessels and structures worldwide by delivering reliable coatings and services while expanding its international presence and maintaining high safety and quality standards.

Significant Headcount Growth

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About Jotun

Simplify's Rating
Why Jotun is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Industrial & ManufacturingConsumer Goods

Company Size

5,001-10,000

Company Stage

Grant

Total Funding

$910K

Headquarters

Sandefjord, Norway

Founded

1926

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What believers are saying

  • Jotun reported stronger-than-expected sales and earnings through April 2026.
  • MSC and Carnival endorsements validate Jotun’s always-clean-hull platform for major fleets.
  • Lagos Inspiration Centre opened June 2, 2026, expanding decorative sales channels in Nigeria.

What critics are saying

  • Jotun closed Middle East factories February 28, 2026, exposing supply chains to regional shock.
  • BC REI v. Jotun Paints reached Louisiana court October 29, 2026, signaling contract friction.
  • If Hull Skating adoption stalls, Jotun loses its clearest decarbonization growth engine by 2027.

What makes Jotun unique

  • Jotun’s 2026 Hull Skating Solutions won MSC Daniela and Carnival Pride contracts.
  • Jotun’s family control and 100-year history enable long-horizon factory placement near customers.
  • Jotashield Eterna launched February 16, 2026 with 12-year warranty and 21 certifications.

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Funding

Total Funding

$910k

Above

Industry Average

Funded Over

4 Rounds

Grant funding comparison data is currently unavailable. We're working to provide this information soon!
Grant Funding Comparison Coming Soon

Benefits

  • Health Insurance
  • Pension and Insurance schemes
  • In-house gym
  • Free allowances on our products
  • Professional Development Budget
  • Conference Attendance Budget
  • Flexible Work Hours
  • Remote Work Options
  • Paid Vacation
  • Paid Holidays
  • 401(k) Retirement Plan
  • 401(k) Company Match

Growth & Insights and Company News

6 month growth

2%

1 year growth

8%

2 year growth

9%
EuropaWire
Nov 6th, 2026
Orkla posts 8.1% underlying EBIT growth in Q3 as portfolio volumes improve.

Orkla posts 8.1% underlying EBIT growth in Q3 as portfolio volumes improve. Organic revenue grows 3.1% and adjusted EPS rises 4.9% as the group advances its buyback programme and BUBS expansion Orkla ASA reported 8.1% underlying EBIT (adj.) growth across its consolidated portfolio companies in the third quarter of 2026, compared with reported group EBIT (adj.) growth of 1.9% to 2.1 billion, reflecting the impact of a stronger Norwegian krone. Organic revenue increased 3.1%, with volume/mix contributing 2.7%, while adjusted earnings per share rose 4.9% to NOK 1.94. During September, Orkla began a share buyback programme of up to 4 billion and Orkla Snacks completed its acquisition of The European Candy Group to support BUBS. The company will present targets and ambitions through 2030 at its Capital Markets Day on 1 December. (PRESS RELEASE) OSLO, Norway, 6-Nov-2026 - /EuropaWire/ - Orkla ASA has reported third-quarter results showing underlying EBIT (adj.) growth of 8.1% across its consolidated portfolio companies, including Orkla ASA. The group recorded EBIT (adj.) of 2.1 billion, an increase of 1.9%, with the difference between reported and underlying growth largely attributable to a stronger Norwegian krone. Organic revenue at the consolidated portfolio companies increased by 3.1%, including a 2.7% contribution from volume/mix. Most portfolio companies contributed to volume/mix growth, while Orkla's operating revenues for the quarter totalled 17.5 billion. Orkla recorded profit from Jotun of 563 million, down 6.6%. Adjusted for adverse currency translation effects, Jotun achieved sales growth of 13% and operating profit growth of 1.3%. Adjusted earnings per share reached NOK 1.94, an increase of 4.9% from the corresponding quarter a year earlier. The improvement reflected EBIT (adj.) growth in the consolidated portfolio companies and the effect of share repurchases. In September, Orkla launched a new share buyback programme of up to 4 billion, scheduled to run no later than 31 December 2027. Also during September, Orkla Snacks completed its acquisition of The European Candy Group, a transaction intended to support further growth of BUBS. Nils K. Selte, Orkla President and CEO, said: "We delivered a good third quarter with volume growth and broad-based progress across the portfolio. Orkla has now delivered underlying EBIT (adj.) growth in every quarter of the strategy period. We look forward to our Capital Markets Day on 1 December, where we will present new targets and ambitions for the period to 2030," Orkla will hold its Capital Markets Day on 1 December, when it plans to present new targets and ambitions covering the period through 2030. About Orkla. Orkla ASA is a leading industrial investment company within brands and consumer-oriented businesses, with 10 portfolio companies. The company takes a long-term and strategic approach to its investments, creating value by combining brand expertise with an investment company mindset. Orkla is listed on the Oslo Stock Exchange and is headquartered in Oslo, Norway. Orkla had a turnover of 71.5 billion in 2025. Investor relations and financial information. Orkla ASA Oslo, 6 November 2026 Ref.: SVP Investor Relations & Communication Annie Bersagel Mobile.: +47 986 03 664 Mobile: [email protected] VP Financial Communication Joachim Gresslien Tel.: +47 907 25 018 Email: [email protected] This information has been submitted pursuant to the Securities Trading Act § 5-12 and MAR. The information was submitted for publication, through the agency of the contact persons set out above, at 2026-11-06 07:00 CET. EDITOR'S PICK:

EuropaWire
Nov 4th, 2026
Jotun donates NOK 2 million to Red Cross humanitarian relief in Ethiopia.

Jotun donates NOK 2 million to Red Cross humanitarian relief in Ethiopia. Funding supports relief for people affected by conflict, droughts, floods and disease as Jotun continues its long-standing Red Cross partnership. Jotun has donated NOK 2 million to Red Cross humanitarian operations in Ethiopia, where armed conflicts, droughts, floods and disease have left millions of people in need of assistance. The contribution supports work involving the Ethiopian Red Cross Society and the International Committee of the Red Cross, including services for conflict-affected communities. The Ethiopian Red Cross Society has more than 42 000 volunteers, and ICRC-supported first aid services reached more than 46 300 people in the first half of 2026. The donation builds on Jotun's partnership with the Red Cross and Red Crescent, which began in 2011. (PRESS RELEASE) SANDEFJORD, Norway, 4-Nov-2026 - /EuropaWire/ - Jotun has donated NOK 2 million to support Red Cross humanitarian operations in Ethiopia, where millions of people continue to face the effects of armed conflict, extreme weather and disease. The contribution will help sustain humanitarian work carried out by the Red Cross and the International Committee of the Red Cross (ICRC) in affected communities. Humanitarian needs amid conflict and extreme weather. Home to 139 million people, Ethiopia is Africa's second most populous country. Several armed conflicts in recent years, together with recurring droughts and floods across different regions, have damaged essential infrastructure and contributed to outbreaks of disease. These overlapping challenges have left people and families in need of assistance and care. Red Cross humanitarian response in Ethiopia. The Norwegian Red Cross has worked in partnership with the Ethiopian Red Cross since 2023. The Ethiopian Red Cross Society has a nationwide network of local branches and more than 42 000 volunteers, helping it reach communities in need. Alongside the Ethiopian Red Cross Society, the ICRC provides support to people directly affected by conflict. During the first six months of 2026, more than 46 300 people received assistance through first aid services supported by the ICRC and delivered by Ethiopian Red Cross volunteers. Jotun's donation supports the wider humanitarian efforts of the Red Cross and ICRC in the country. A long-standing humanitarian partnership. Jotun has supported the Red Cross and Red Crescent through a partnership dating back to 2011, focusing on humanitarian responses during crises, especially in countries where the company operates. Supporting communities in the locations where Jotun is present forms part of its Corporate Responsibility strategy and reflects its stated value of Care.

Q Charity
Sep 30th, 2026
Jotun and Qatar Charity join forces to support Second Assalam School.

Jotun and Qatar Charity join forces to support Second Assalam School. As part of a community partnership supporting education, Jotun Paints Qatar has made a financial contribution to Qatar Charity for the Second Assalam School. The contribution aims to expand educational opportunities for students from low-income families and children who have been unable to enroll in formal education due to various circumstances. The initiative reflects Jotun's commitment to the local community and its recognition of education as a cornerstone of sustainable development. The contribution will help meet some of the school's needs and provide a supportive learning environment where students can continue their education and improve their academic performance. The contribution also reflects the continued collaboration between Jotun and Qatar Charity, following the company's contribution to the school last year. Empowering Students Qatar Charity welcomed Jotun's contribution, saying it demonstrated the company's commitment to empowering students from low-income families. The organization noted that the initiative would help students at the school continue their education and work towards a better future. It also underlined the importance of education to human development, reiterating its readiness to receive contributions from public and private sector organizations seeking to support students from low-income families and broaden the impact of humanitarian and community initiatives. Corporate Responsibility Mr. Rahul Deshmukh, Human Resources Manager at Jotun Paints Qatar, said: "Supporting education is one of the ways we can contribute positively to the community where we operate. Through our cooperation with Qatar Charity, we are pleased to continue supporting the Second Assalam School and students who need greater access to educational opportunities." He added: "We value our cooperation with Qatar Charity and appreciate the work being done to support students and their education. We look forward to continuing this relationship through relevant community initiatives." A Supportive Learning Environment Ms. Ms. Maryam Al-Awadi, Principal of the Second Assalam School, thanked Qatar Charity for its continued support, noting that its role extends beyond operational assistance to building effective partnerships with private sector organizations. She also welcomed Jotun's contribution, saying Qatar Charity's cooperation with its partners helps meet students' needs and improve the services for them. She added that these efforts strengthen the learning environment and give students greater opportunities to succeed and excel. Continued Support for Assalam Schools Qatar Charity continues to support Assalam Schools by contributing to their operations, providing educational supplies and organizing enrichment activities. These efforts help create a suitable learning environment for students from low-income families.

MarineLink
Aug 12th, 2026
MSC, Jotun sign hull cleaning agreement.

MSC, Jotun sign hull cleaning agreement. August 12, 2026 Mediterranean Shipping Company (MSC) and Jotun have entered into an agreement for the installation and operation of Jotun's Hull Skating Solutions (HSS) onboard MSC Daniela. The agreement includes the full HSS package, combining Jotun's SeaQuantum Skate coating with robotic hull inspection and cleaning technology designed to maintain an always clean hull throughout vessel operations. The installation was completed during the vessel's drydocking in China in June 2026. By maintaining a continuously clean hull, HSS supports vessel efficiency while helping preserve fuel, cut carbon emissions as well as limiting transfer of species from one harbor to the next. Jotun's Hull Skating Solutions combines advanced antifouling technology with proactive robotic inspection and cleaning. The company recently received independent verification from DNV, verifying an always clean hull for vessels using HSs, with no measurable speed loss.

PeopleTech Maritime
Aug 4th, 2026
Carnival installs Jotun's hull cleaning robot on Carnival Pride.

Carnival installs Jotun's hull cleaning robot on Carnival Pride. Carnival Cruise Line (CCL) has signed an agreement with Jotun to implement Hull Skating Solution (HSS), becoming the first cruise operator to use this robotic proactive hull cleaning technology. With this commitment, Carnival continues to utilise innovation and technology to reduce emissions and protect biodiversity. As one of the world's largest and most influential cruise brands, Carnival's adoption of HSS to its vessel Carnival Pride marks an important shift for the wider industry. The technology enables proactive hull cleaning, ensuring vessels maintain an always clean hull across typical cruise operations. This proactive approach also reduces fuel consumption, cuts carbon emissions, and protects biodiversity. "Maintaining a clean hull is essential for efficient ship operations, and the Hull Skating Solutions allows us to take a more proactive approach to hull maintenance," said Jari Oinas, AVP of fuel performance and decarbonization at Carnival Cruise Line. "As we evaluate the technology aboard Carnival Pride, we see strong potential to support ship performance while advancing our long-term sustainability goals." Carnival's move is the first introduction of the Jotun's, the global leader of marine coatings, robotic hull cleaning solution in the cruise sector. "Carnival is demonstrating real leadership by embracing new technology that ensures consistently clean hulls and reduced environmental impact," says Stein Kjølberg, Regional Vice President Americas for Jotun. "With our 100-year long track record in hull performance, and with presence in the US for over 50 years, we are proud to support an American icon that is both ambitious and forward-leaning." In addition to the HullSkater device, the agreement includes compatible hull coating, continuous monitoring and hull inspections, hull performance transparency through Jotun's digital reporting solutions, and an always clean hull guarantee. Jotun recently received independent verification from DNV, verifying an always clean hull for vessels using HSS, with no measurable speed loss. For cruise operators, the ability to inspect and clean the hull before sailing to the next destination is particularly valuable. By maintaining a clean hull, Carnival can support fuel efficiency, minimise speed loss and reduce the risk of transferring invasive species between various waters and ports. Stein Kjølberg in Jotun applauds Carnivals willingness to challenge and disrupt."Our Clean shipping commitment is dependent on collaborations with partners who dare to innovate."

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