Norway's Jotun, the world’s biggest producer of marine paints, has reported a record result in 2020 despite the impacts of Covid-19.
The Sandefjord-based company logged a pre-tax profit of NOK 3.158bn ($303.7m), which is an increase of 52% from 2019. Jotun's operating revenue increased by 7% to NOK 19.65bn.
When the pandemic hit a year ago, the company focused on avoiding infection and illness among the staff, while continuing production whenever it was not stopped by authorities.