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2020

Upward revisions of expectations

The world is affected by the corona pandemic, which creates uncertainty about access to raw materials, procurement patterns, conditions for retail, etc.

In 2020/21, Flügger achieved strong sales growth in Denmark and Sweden. The growth was boosted by renovation demand during COVID-19, the Unicell acquisition, and cost efficiencies. Earnings nearly doubled, and revenue forecasts rose significantly. In summer 2020, the Going Green strategy was launched, targeting six areas for growth and long-term sustainability.

Flügger Scandinavia