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HEMPEL A/S

HEMPEL A/S is a Denmark-based coatings company that develops, manufactures and sells protective coatings, marine coatings and decorative paint systems. Its products are used to protect and finish assets in marine, energy, infrastructure and building applications through a global network of operating companies and manufacturing sites.

Liikevaihto2 165milj. EUR
−0,9 %v/v
Nettotulos168milj. EUR
+110,0 %v/v
Vapaa kassavirta266milj. EUR
+62,2 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2021–2025

05001 0001 5002 0002 500milj. EUR2021: 1 744 milj. EUR20212022: 2 159 milj. EUR2022: EBIT 114 milj. EUR20222023: 2 351 milj. EUR2023: EBIT 189 milj. EUR20232024: 2 185 milj. EUR20242025: 2 165 milj. EUR20252 165
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Marine Coatings35 %

Coatings for ship hulls, cargo vessels and marine maintenance applications.

Protective Coatings30 %

Industrial coatings that protect steel and concrete structures from corrosion and wear.

Decorative Paints20 %

Architectural paints and finishes for residential and commercial buildings.

Energy & Infrastructure Coatings15 %

High-performance coatings for energy, transport and infrastructure assets.

Asiakkaat

Hempel sells to shipowners, shipyards, offshore operators and marine maintenance customers that need coatings to reduce corrosion, fouling and downtime. It also serves industrial asset owners, infrastructure contractors and distributors in architectural markets that buy coatings for protection, durability and appearance. The customer base is tied to large installed assets and recurring repainting or maintenance cycles.

Marine customers

Shipowners, operators and shipyards buying hull and maintenance coatings for performance and compliance.

Industrial and infrastructure customers

Owners and contractors buying protective systems for steel, concrete and energy assets.

Decorative and architectural customers

Retail, trade and distribution customers buying paints and finishes for buildings.

Offshore and energy customers

Customers buying specialist coatings for harsh environments and long-life asset protection.

Strategia

Hempel’s strategy centres on growing commercial business units through market share gains, product performance and value-based pricing. The report highlights priorities around higher sales prices, higher volumes, and continued launch of sustainable coating solutions, especially in marine and energy & infrastructure end markets. It is also building resilience in operations and supply chain risk management through climate adaptation, emergency preparedness and business continuity measures.

Increase market share in core coating businessesKeskipitkä aikaväli

Scale and installed-base relevance support recurring demand and customer retention.

Expand sustainable product offeringsKeskipitkä aikaväli

Customers and regulators increasingly favor lower-emission and recyclable solutions.

Improve operational resilienceLyhyt aikaväli

Climate and weather risks can disrupt production, R&D and supply continuity.

Maantiede

Hempel is headquartered in Denmark and operates through a global footprint of factories, R&D centres and sales companies. The annual report notes that 33% of its locations are in areas identified as high risk for flooding, which makes site resilience and continuity planning important parts of the operating model. Its business is therefore geographically diversified but exposed to climate, logistics and regulatory conditions across the countries where it manufactures and sells coatings.

Riskit

Hempel faces exposure to climate-related physical risk, regulatory change and hazardous-material handling because its business depends on manufacturing sites, R&D centres and chemical formulations. It also faces standard coatings-industry risks such as raw material volatility, customer project timing, competitive pricing pressure and execution risk in global supply chains.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Climate-related physical damage to sites1Regulatory change tied to decarbonisation and chemicals2Raw material and supply chain volatility3Hazardous materials and environmental compliance4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Climate-related physical damage to sitesVaikutus: KorkeaTodennäköisyys: Korkea

    A significant share of locations sit in flood-risk areas and weather events can interrupt production.

    Kohdistuu: Factories and R&D centres

  2. Regulatory change tied to decarbonisation and chemicalsVaikutus: KorkeaTodennäköisyys: Kohtalainen

    New environmental rules can require reformulation or process changes for current products.

    Kohdistuu: Product portfolio and manufacturing

  3. Raw material and supply chain volatilityVaikutus: KeskitasoTodennäköisyys: Korkea

    Coatings depend on petrochemical and specialty inputs that can move quickly in price or availability.

    Kohdistuu: Procurement and production planning

  4. Hazardous materials and environmental complianceVaikutus: KeskitasoTodennäköisyys: Korkea

    Coatings operations involve VOCs, waste and handling requirements that increase compliance burden.

    Kohdistuu: Manufacturing and distribution

Kirjanpito

Harkinnanvaraiset erät
Derivatives and hedging

Interest rate swaps and FX derivatives are measured at fair value and can move earnings and equity.

Vaikutus: Reported finance income/expense and OCI can fluctuate with market rates

Provisions and environmental liabilities

Coatings operations can create cleanup, compliance and legal obligations that require estimates.

Vaikutus: Affects operating expenses and balance sheet reserves

Impairment of long-lived assets

Factories, R&D centres and acquired intangibles must be tested when conditions change.

Vaikutus: Can create non-cash write-downs and affect segment profitability

Discontinued operations and transaction costs

Portfolio changes and related costs alter comparability of revenue and margins between periods.

Vaikutus: Distorts trend analysis if not adjusted

Päivitetty: 24.10.2026