HUTTON OÜ

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Already 13,371 people have seen this company's branding and they are being followed by 8 Storybook user.In average the company has been rated 5.0 points ja komm

HUTTON OÜ hetkeolukord

Already 13,371 people have seen this company's branding and they are being followed by 8 Storybook user.In average the company has been rated 5.0 points ja kommenteeritud 5 korda.

's activity report 2022

Hutton OÜ, a company established on the 6th of February, 2017, has been on a steady growth trajectory since the commencement of its operations in September 2018. The company's economic activities have been expanding consistently, and the year 2022 was no exception. The company continued to increase its sales activities in the areas of base layers, wind barriers, vapor barriers, construction tapes, roofing accessories, and insulation materials. The growth in these areas was significant, reflecting the company's commitment to providing high-quality products and services to its customers.

In the fiscal year 2022, Hutton OÜ made substantial investments in internet marketing. This included the creation of a brand-new web application and e-commerce platform, www.hutton.ee. The company also invested in other internet marketing projects and programs, demonstrating its commitment to leveraging digital platforms to reach a wider audience and drive sales.

However, the fiscal year 2022 was also characterized by the continued increase in the prices of raw materials, specifically polyethylene and polypropylene. The availability of these materials was limited, forcing Hutton OÜ to invest in warehouse stocks to continue growing its business operations. Despite these challenges, the company's sales revenue for 2022 was 710.2 thousand euros, a significant increase from the 423 thousand euros recorded in 2021. The net profit for 2022 was 75.6 thousand euros, compared to 44.3 thousand euros in 2021. The company also invested 28.6 thousand euros in fixed assets.

Looking ahead to 2023, Hutton OÜ has plans to increase sales volumes, find new suppliers, and improve operational efficiency. These strategies are aimed at ensuring the company's continued growth and success in the market.

However, the company is also aware of the challenges that lie ahead. The war in Ukraine that began in February 2022 has significantly impacted raw material markets, leading to product import disruptions, extended delivery times, frequent price increases, and a rise in transportation costs. Despite these challenges, Hutton OÜ remains committed to navigating these complexities and ensuring the continued provision of high-quality products and services to its customers.

Furthermore, the tightening legal requirements for energy-efficient buildings are increasing the demand for the products offered by Hutton OÜ. The overall market conditions for the company's sales markets remain favorable, indicating a positive outlook for the company's future growth and success.

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