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Nippon Paint Holdings Co ( (JP:4612) ) has shared an announcement.
Nippon Paint Holdings Co. reported a substantial rise in its consolidated financial results for the fiscal year ended December 31, 2024. The company achieved a 13.6% increase in revenue and an 11.2% growth in operating profit compared to the previous year, reflecting strong operational performance. However, cash flows from operating and investing activities showed a decline, and the company plans to increase its annual dividend payout. Looking forward, Nippon Paint is forecasting continued growth in 2025, expecting a 6.2% rise in revenue and a 5.5% increase in operating profit.
More about Nippon Paint Holdings Co
Nippon Paint Holdings Co., Ltd., listed on the Tokyo Stock Exchange under code 4612, is a leading company in the paint industry. It primarily focuses on the manufacturing and sale of paints and coatings for various applications, serving markets worldwide with innovative and sustainable products.
YTD Price Performance: -2.48%
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $14.79B
Find detailed analytics on 4612 stock on TipRanks’ Stock Analysis page.
