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  • Jotul Holdings S.A. – Exercise of right to defer interest payment

    Press release, Luxembourg 15. July 2020
    Jotul Holdings S.A. (the "Company") hereby announces that it will exercise its right to defer interest payments and issue PIK Bonds, in accordance with the terms and conditions relating to the Company's outstanding up to NOK 400,000,000 senior secured bond loan with ISIN NO0010815749 2018/2022 (the "Terms and Conditions"). 
    The Interest due on the Inte

  • Jotul Holdings SA – Delayed publication of audited consolidated annual financial statements

    Press release, Luxembourg 5. June 2020
    Jotul Holdings SA (the "Company") has in a press release dated 23 April 2020 communicated that the publication of its audited consolidated financial statements for the financial year ended 31 December 2020 (the "Financial Statements"), which were to be published and made available no later than 30 April 2020 pursuant to the terms and conditions of its outs

  • Jotul Holdings S.A. – Approval of written procedure and amendments to the terms and conditions of the bonds

    Jotul Holdings S.A. (the "Company") today announces the successful completion of the written procedure that was initiated on 23 April 2020 in relation to the Company's outstanding up to NOK 400,000,000 senior secured bond loan with ISIN NO0010815749 2018/2022 (the "Bonds"), regarding certain waivers and amendments to the terms and conditions of the Bonds (the "Proposal").
    A sufficient number of

  • Jotul Holdings S.A. – Initiation of a written procedure

    Press release, Luxembourg 23. April 2020
    Jotul Holdings S.A. (the "Issuer", and together with its subsidiaries, the "Group") has instructed the agent for the Issuer's up to NOK 400,000,000 senior secured bonds with ISIN NO0010815749 (the "Bonds") to initiate a written procedure to request that bondholders vote in favour of amending and waiving certain provisions under the terms and conditions o

  • Temporary lay off of most employees at Jøtul in Norway


    Due to the accelerating situation with the corona virus Jøtul AS has today temporary laid off most employees in Norway as business and supply chain stops. Only some key employees remains at the company to take care of safety, health and other important functions such as customer service. Warehouse is also kept open on a reduced basis as long as we are able to ship and customers are still

  • Official opening of Jøtul Group’s new manufacturing facility in Wroclaw, Poland

    Katy Wroclawskie, Poland February 26th 2020

    The solemn opening ceremony of the new manufacturing site took place today in the presence of many guests. Among them officials from local authorities, several customers, suppliers to the project and representatives from the owners. The official ribbon cutting ceremony was conducted by the Norwegian Ambassador to Poland, Mr. Olav Myklebust.“I am

  • Jøtul F 100 ECO LL - Funksjonell eleganse

    Jøtul F 100 Eco LL er en kompakt peisovn med innvendig askeløsning som gjør det enkelt å tømme asken. Ovnen har en horisontal glassdør som gir et flott innsyn til bålet og er preget med et norsk tradisjonelt håndtverksmønster.

  • Jøtul F 602 ECO er en tidløs klassiker i ny drakt

    Jøtul lanserer en klassiker i ny design. Jøtul F 602 ECO er en praktisk vedovn i støpejern som er varme effektiv og enkel å installere. Den har mulighet for tilkobling til friskluft, og er tilpasset selv de mest krevende moderne hjem.

  • Jotul Holdings SA publishes bond prospectus and applies for listing of its bonds on Nasdaq Stockholm

    Jotul Holdings SA (the "Company") has issued a senior secured bond loan in an initial amountof NOK 250,000,000 and issued subsequent bonds of NOK 90,000,000, within a totalframework amount of NOK 400,000,000, on the Nordic bond market. The bonds carry afloating interest rate of NIBOR 3m + 7.00 per cent. per annum and matures 31 January 2022.The Company has applied for listing of the bonds on the C

  • Continued delayed listing of Jotul Holdings SA up to mNOK 400 senior secured bonds

    On 21 February 2018, Jotul Holdings SA (formerly Jotul Holdings S.à r.l.) (“Jotul Holdings”) issued NOK 250 million senior secured bonds under its up to NOK 400 million terms and conditions, dated 19 February 2018 (the “Terms and Conditions”). On 31 January 2019, Jotul Holdings issued NOK 90 million subsequent bonds under the Terms and Conditions.
    Pursuant to the Terms and Conditions, Jotul Hol

  • Financial Statement Jøtul Holdings S.A 31. December 2018

    Jøtul Group Holdings S.A. – Q4 2018
    Comments related to the financial statements 
    Group net sales ended at MNOK 912 in 2018, compared to MNOK 906 in 2017. For 2018, this is MNOK 10 less than earlier communicated due to reclassification after IFRS15. This reclassification results in increased discounts of MNOK 10, and sales commissions decreased accordingly.
    EBITDA ended at MNOK 87 in 2018

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